The destruction that Hurricane Helene brought to Western North Carolina in September, followed by this month's wildfires in Southern California, illustrates the financial risk that increasingly unpredictable weather can pose to homeowners and the insurance system.
Entrepreneurship is encoded in the DNA of Rebecca White, director of the Entrepreneurship Center at The University of Tampa where she is James W. Walter Distinguished Chair of Entrepreneurship. She is currently a Keohane Distinguished Visiting Professor at UNC-Chapel Hill and Duke University.
Please join us for and exclusive conversation with Cisco CEO and Chairman, and UNC-Chapel Hill alumnus Chuck Robbins. Chuck is focused on helping companies, cities and countries around the world as they look to Cisco to connect everything and everyone by building the highly secure, intelligent platform for digital business.
Entrepreneurial culture celebrates the successful archetypical founder as a “lone wolf”; however, academic literature has found the majority of new entrepreneurial firms, ventures and start-ups are founded not by individuals, but by teams.
Five individuals from the fields of economics and entrepreneurship will spend a year strengthening collaboration between the University of North Carolina at Chapel Hill and Duke University, contributing to the schools’ teaching missions, and providing at least one major public lecture or performance.
A look at stakeholder capitalism – the idea that businesses would improve societal outcomes by focusing on a mandate broader than that which benefits shareholders alone – starts with the existing best-practice model: shareholder capitalism. This model, while not perfect, can produce the optimal amount of goods and services at the lowest cost. This week, Kenan Institute experts explore ways to improve it and examine whether stakeholder capitalism is ready to take its place.
Please join us for an exclusive virtual conversation with North Carolina Commerce Secretary Machelle Baker Sanders on Wednesday, February 9. This discussion is part of the Dean’s Speaker Series, hosted by Kenan-Flagler Business School Dean Doug Shackelford.
Elon Musk’s bid to purchase Twitter for $44 billion appears to have fallen apart, but the reality of what nearly happened, and still may, will probably be with us for good. Before attempting to terminate the deal, Musk spoke with Twitter employees and discussed his vision to turn the social media platform into the world’s town square. The wealthiest person in the world wanting to own space where people gather to mobilize, to call out injustices and criticize powerful organizations and governments, and to coo at the latest cat videos?
ESG measurement and impact accounting can have vast economic and social influence; however, implementation is extremely challenging for both businesses and policymakers. In this week’s insight, our experts propose ways of refining ESG measures to produce structures that meet various stakeholder needs, drive reporting free from political influence and agendas, and illustrate the promise and risks of impact accounting.
This article examines the role of Generative Artificial Intelligence (GenAI) in the context of marketing education, highlighting its substantial impact on the field. The study is based on an analysis of how GenAI, particularly through the use of Large Language Models (LLMs), functions. We detail the operational mechanisms of LLMs, their training methods, performance across various metrics, and the techniques for engaging with them via prompt engineering.
Economists and investors traditionally see uncertainty as a bad thing that suppresses growth and valuations, but new research shows that downstream uncertainty from customers in the U.S. supply chain can foretell expansion for firms and the economy.
The Research Triangle and the Piedmont Triad epitomize North Carolina’s economic evolution. The Triangle transitioned from legacy industries to high-tech manufacturing and experienced explosive economic growth; the Triad may be poised to join it.
Existing models of industry evolution describe a smooth pattern over time in which initial growth in the number of firms is followed by a sharp decrease due to a shakeout and an eventual stabilization as the industry reaches maturity.
Join Chief Economist Gerald Cohen for the institute's monthly virtual briefing this Wednesday, Oct. 9, discussing how the Federal Reserve employment report will impact future cuts.
This paper aims to advance the use of numerical experiments to investigate issues that surround the design of cost systems. As with laboratory and field experiments, researchers must decide on the independent variables and their levels, the experimental design, and the dependent variables. Options for dependent and independent variables are ample, as are the ways in which we can model the relations among these variables.
Since March 2022, the Federal Reserve has battled the highest inflation in decades with interest rate increases whose effects are only now starting to be seen. So does this mean the era of rate hikes is coming to an end?
Kenan Institute Chief Economist Gerald Cohen kicks off 2025 with a rundown of five issues that will be top of mind for business leaders and policymakers, accompanied by his analysis.
In addition to academic presentations, the Conference on Market-Based Solutions for Reducing Wealth Inequality took participants out of the classroom and into the community for a walking tour and on-site discussions in nearby Durham, N.C.
Unethical behavior deeply embedded within an organization can affect employee morale and impact bigger issues, such as performance, turnover, and healthcare and legal costs.
Apprenticeship programs have not historically been successful in reaching a diverse array of people. A report by the institute-affiliated NCGrowth examines trends within apprenticeship and offers a set of best practices to continue diversifying these programs