For NCGrowth, immersive trips are a primary way to build relationships with businesses and communities, to identify issues and explore solutions jointly through dialogue and collaboration.
On Jan. 3, 2019, Bristol-Myers Squibb Co. announced its proposed acquisition of Celgene Corp. for approximately $74 billion. The Federal Trade Commission issued requests for additional information and documentary materials to the companies on March 25, 2019, that were “focused on marketed and pipeline products for the treatment of psoriasis.” In order to address the FTC’s concerns, BMS plans to divest Celgene’s Otezla (apremilast) drug, which is a phosphodiesterase-4 inhibitor indicated for the treatment of moderate to severe psoriasis and psoriatic arthritis. Psoriasis is an autoimmune disease with multiple subtypes, with large skin plaques being the most common manifestation.
I spent this summer on Journey of Hope, a two-month cross-country bike ride that raises money, awareness and acceptance for people with disabilities. My team of 22 cyclists and seven crew members traveled from San Francisco to Washington, D.C., averaging 75 miles a day. Most days included “friendship visits,” or events in which we interacted with people with disabilities and their supporting organizations.
Gentrifying cities increasingly are adopting inclusive and equitable development policies, strategies, tools, and regulatory practices to minimize, if not altogether eliminate, the demographic and economic dislocations that often accompany their growing attractiveness as ideal places to live, work, and play for a creative class of young people and well-resourced retirees who are predominantly white. Creating greater opportunities for historically under-utilized businesses to grow and prosper through enhanced local government contracting and procurement is one mechanism through which gentrifying cities are trying to generate greater equity and shared prosperity.
Kupor discussed his successful career and the rise of Andreessen Horowitz on Monday, Oct. 21 at the Kenan Center in Chapel Hill, as part of the Dean’s Speaker Series hosted by the Kenan Institute of Private Enterprise. The fireside chat with Kupor was led by Greg Brown, executive director of the Kenan Institute.
In honor of University Research Week, Kenan Institute Director of Research Christian Lundblad discusses the importance of research from the perspective of Kenan-Flagler faculty, and how the school's international reputation is inextricably tied to the quality, relevance and creativity of its collective research agenda.
We utilize the time period over which banking authorities discussed, adopted, and implemented Basel III to examine the financial reporting and operational decisions firms use to respond to proposed regulation. Our primary finding is that the banks affected by this proposal made strategic financial reporting changes and altered their business models prior to the regulation being enacted.
Nineteen sophomore students from UNC Kenan-Flagler Business School have been selected as members of the fourth class of undergraduate Kenan Scholars. This five-semester program, sponsored by the Frank Hawkins Kenan Institute of Private Enterprise, brings together UNC business majors and minors that exhibit leadership and a passion for serving on campus and in the community.
Sixteen MBA students from UNC Kenan-Flagler Business School have been selected as members of the fourth class of MBA Kenan Scholars. The two-year program, sponsored by the Frank Hawkins Kenan Institute of Private Enterprise, is the premier research opportunity for UNC Kenan-Flagler MBA students.
The most important economic challenge of our time is the large, and growing, wealth gap. Increasing income disparities and declining opportunities have diminished America's middle class. On Nov. 6-7, the Closing the Wealth Gap conference was held at UNC Kenan-Flagler Business School in Chapel Hill.
As part of the “Emerging Models in Affordable Housing” breakout session at the Investing in Affordable Housing Symposium, University City's Aaron Lubek and Domos Co-Living's Derrick Barker shared insights on new ideas circulating among communities.
Twice each year, NCGrowth showcases its clients, recent projects and upcoming work in a unique place. On Dec. 13, the North Carolina Zoo in Asheboro hosted the event. Attendees learned about Asheboro, Randolph County and the broader Triad economy, and recent NCGrowth projects – and got to visit with some of the zoo’s animal inhabitants.
Many of the most prosperous places in the U.S. are hotbeds of technology and also the home bases of companies which exercise monopoly power across much larger territories – nationally, or even globally. This paper makes four arguments about regional income disparities.
This event has been postponed to an as-yet undetermined date. We apologize for any inconvenience this may cause, and will post information about rescheduling as soon as we have it. Please continue to check the website for updates.
This study examines the antecedents and consequences of knowledge sharing and monitoring based governance strategies on emissions reduction. We theorize, and empirically test, the impact of supply base diversity in industry and geographic locations on the governance strategy choices. We find that sector and regional diversity both have a significant impact on emissions reduction strategies, yet their direct and interactive impacts are different. Regarding consequences, we find that engaging suppliers is associated with GHG emissions reduction for both buyers and suppliers.
We study multi-period sales-force incentive contracting where salespeople can engage in effort gaming, a phenomenon that has extensive empirical support. Focusing on a repeated moral hazard scenario with two independent periods and a risk-neutral agent with limited liability, we conduct a theoretical investigation to understand which effort profiles the firm can expect under the optimal contract. We show that various effort profiles that may give the appearance of being sub-optimal, such as postponing effort exertion (“hockey stick”) and not exerting effort after a bad or a good initial demand outcome (“giving up” and “resting on laurels,” respectively) may indeed be induced optimally by the firm.
One of the greatest benefits of being a Kenan Scholar is having the opportunity to connect with the Kenan Scholars Board of Mentors, a group of successful professionals in the public and private sectors that are unique to each cohort. On Friday, Feb. 14, the sophomore scholars (Class of 2022) were joined by five mentors who discussed their career experiences and gave advice to these future professionals.
Chris Peronto is the Vice President and Head of Enterprise Strategy & Innovation at Blue Cross Blue Shield of North Carolina. The MBA Healthcare Club sat down with the UNC ’91 Alum to discuss all things COVID-19.
The coronavirus pandemic has been especially traumatic on our country’s African American working poor. From being disproportionately concentrated in low-wage hospitality and service sector jobs to struggling with caregiving and food insecurity issues due to shuttered daycare facilities and food banks, working-poor African Americans are facing an inequitable share of financial, social and psychological challenges. What can be done to ease the burdens of working-poor African Americans, both during the pandemic and moving forward? In this Kenan Insight, Urban Investment Strategies Center Director and William R. Kenan Jr. Distinguished Professor of Strategy and Entrepreneurship Jim Johnson invokes a little-known federal program, the Southeast Crescent Regional Commission (SCRC), as part of a strategic response to providing a coherent, place-based development plan.
In the latest webinar collaboration with NCGrowth, Entrepreneurship Center Executive Director Vickie Gibbs spoke with three current and former clients of NCGrowth about COVID-19’s impact on small business.