Does the quality of startups increase when the quantity drops? Does entrepreneurial experience help or hurt a corporate job candidate? Do diverse teams make for better startups? The 2022 Trends in Entrepreneurship report brings together our global network of affiliated experts to address these questions and more – with key findings highlighted in this week’s insight.
The spread between 10-year and 3-month Treasuries – my favorite economic indicator – remains strongly in positive territory, suggesting a recession is not in the cards soon. This indicator has predicted all recessions since the mid-1960s, with a lead time of roughly one year, though the timing is inexact. The 10-year/2-year spread, which briefly inverted recently, is less reliable.
For small businesses, AI promises to handle financial and operational tasks, freeing up workers for other duties and creating new efficiencies. We offer seven focal points for small businesses planning for AI integration.
UNC-Chapel Hill’s youth representative at this year’s UN climate conference offers her thoughts on key outcomes, the role of the private sector, and the power of diverse and cross-generational perspectives in finding solutions.
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.
Providing solutions to critical economic issues facing the Trump Administration is the focus of a new report from the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School.
Mark G. Little has been named executive director of the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School.
Join us for a fireside chat with General Mark A. Milley, U.S. Army 39th Chief of Staff, who will share lessons on organizational leadership from his career. Millay has had multiple command and staff positions in eight divisions and Special Forces throughout the last 35 years.
We use unique data on employee decisions in the employee stock purchase plans (ESPPs) of U.S. public firms to measure the influence of networks on investment decisions. Comparing only employees within a firm during the same election window and controlling for a metro area fixed effect, we find that the local choices of coworkers to participate in the firm’s ESPP exert a significant influence on employees’ own decisions to participate.
Life financial outcomes carry a significant heritable component, but the mechanisms by which genes influence financial choices remain unclear. Focusing on a polymorphism in the promoter region of the serotonin transporter gene (5-HTTLPR), we found that individuals possessing the short allele of this gene invested less in equities, were less engaged in actively making investment decisions, and had fewer credit lines.
On Wednesday, April 4, the Frank Hawkins Kenan Institute of Private Enterprise and UNC-Chapel Hill’s Kenan-Flagler Business School will present a lecture by private equity guru and philanthropist Steve Schwarzman. The event, which is part of the 2017-18 Dean’s Speaker Series, will take place at 2:30 p.m. at the Kenan Center in Chapel Hill.
Sharing economy has risen rapidly in recent years, and it imposes several challenges for policy makers. This paper examines how a pioneer of sharing economy — Airbnb — affects local economy. Using venture capital infusions as plausibly exogenous shocks to Airbnb’s expansion into a new county, we find that Airbnb expansion leads to poorer hotel performance in the local county.
The makers of a synthetic fiber made from recycled plastic bottles and the co-founder of a venture capital firm that focuses on green sectors are the recipients of the 2018 UNC Sustainability Awards, presented on May 10 at The Carolina Club in Chapel Hill.
The Great Recession of 2008 came with a counterintuitive twist – the unprecedented growth of minority-owned small businesses in the U.S. But although the data shows that the representation of minority firms in the small business ecosystem increased from 2007 to 2012 while the percentage of white-owned firms decreased, the larger question is whether those minority firms also made headway toward achieving equity or parity with white-owned businesses.
Abstract Accelerators are an increasingly prevalent and important part of the entrepreneurial landscape. They provide intensive mentoring and education over a short, fixed-length period with the goal of aiding early...
The Center for Sustainable Enterprise, an affiliate of the Frank Hawkins Kenan Institute of Private Enterprise, is welcoming a new leader, as faculty director Albert Segars steps down after 14 years at the helm.
On Oct. 12, Kenan Scholars Chris Karras, Emily Arnold, Victor Brown and Jack Noble presented the work they completed during their public sector summer internships at the Kenan Institute Asia in Bangkok, Thailand.
...macroeconomy. People with lower incomes or lower education appear to have a more pessimistic assessment of stock market returns or national unemployment, and are less certain in their macroeconomic forecasts....
On April 26, current Kenan scholars and former leadership fellows came together to present ongoing research projects and recognize past participants. The event also coincided with UNC Kenan-Flagler Business School's centennial celebration.
In spite of widespread buzz about corporate sustainability, research shows that, for many companies, sustainability is still mostly a public relations exercise.