This study examines how teams respond to unplanned member loss. We draw on theory of team compilation and adaptation to suggest that teams with well-developed transactive memory systems (TMS) will be better equipped to withstand the loss of a member.
Arun Sundararajan, the Harold Price Professor of Entrepreneurship and Professor of Technology, Operations and Statistics at New York University’s (NYU) Stern School of Business, and member of the World Economic Forum's Global Future Council on the New Economic Agenda, will deliver the 2020 Michael Sherraden Lecture.
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $300,000 CARES Act Recovery Assistance grant to the University of North Carolina at Chapel Hill's NCGrowth University Center to boost their capacity to support regional economic development strategies in response to the coronavirus pandemic.
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.
UNC Kenan-Flagler Business School Finance Professor Paige Ouimet has been named director of research for the Frank Hawkins Kenan Institute of Private Enterprise. Ouimet, who has been a member of the UNC Kenan-Flagler faculty since 2008 and who also serves as associate dean for the school’s Ph.D. program, officially assumed her new role July 1.
The factors that determine our health go far beyond what happens in the doctor’s office. In this Kenan Insight, we explore how the physical well-being of many Americans has been placed in jeopardy by upstream social and economic factors such as racism, food and job insecurity, and a lack of community and social support systems.
Commercial real estate (CRE) is real estate held to generate income or used as an input into production by firms. It is notably different from other asset classes of a similar magnitude in that CRE is traded in private, illiquid markets. CRE is a hugely important asset class that has received less attention from the academic literature than asset classes that rival CRE in terms of sheer value. Yet pension funds, life insurance companies, sovereign wealth funds and other institutional investors seek the diversification benefits provided by CRE’s unusually steady income flow. The paper, “Commercial Real Estate as an Asset Class,” by Andra Ghent of UNC Kenan-Flagler Business School, Walter Torous of the MIT Center for Real Estate and Rossen Valkanov of UCSD’s Rady School of Management provides a much-needed overview of the CRE literature thus far, focusing on its attributes as an asset class.
In this paper we examine the prevalence of data, specification, and parameter uncertainty in the formation of simple rules that mimic monetary policymaking decisions. Our approach is to build real-time data sets and simulate a real-time policy-setting environment in which we assume that policy is captured by movements in the actual federal funds rate, and then to assess what sorts of policy rule models and what sorts of data best explain what the Federal Reserve actually did.
By almost any measure, marketing academia is in a better shape than it has ever been. Job prospects for PhD students have improved substantially in recent years. According to the 2017 Marketing Academia Labor Report, there were 1.83 candidates per new assistant professor (“rookie”) position compared to 2.85 to 1 in 2010. Moreover, there are 37 open positions for advanced assistant professors with only 14 people looking for such positions. The median 12-month salary for entry-level positions is $190,000, up from $162,260 in 2010. Colleagues in the School of Arts & Sciences, as well as most people in the government or private sector, would gladly enjoy such opportunities.
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.
Junior Kenan Scholar Andrea Prego is recognized for her tireless work in the Latinx community. This year Prego was named to LatinxEd’s “20 Under 20,” a competition focused on elevating Latinx students across North Carolina.
Could new legislation help drive the development of local tech clusters – and the growth of corresponding economic power and development – beyond Silicon Valley? In this week’s Kenan Insight, our experts explore the gravitational pull of Big Tech along with what it could mean if startups across the U.S. were better able to remain and grow in the communities where they launch.
On Wednesday, Sept. 4, the Kenan Institute hosted the interdisciplinary seminar, “Does Tax Planning Affect Organizational Complexity: Evidence from Check-the-Box” at the Kenan Center in Chapel Hill.
2024 Distinguished Fellow Jayashankar M. Swaminathan explores how firms can build operational resilience, focusing on governance, risk management, supply chains, technology and regulatory compliance.
This article examines the capability antecedents of firm entry into nascent industries. Because a firm's technological investments in nascent industries typically occur before market entry, this study makes a distinction between firm capabilities at the time of market entry and at the time of initial investment.
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.
VC University LIVE is a three-day certificate program on venture finance, created by NVCA, Startup@BerkeleyLaw, and Venture Forward in 2019, and held in partnership with universities in emerging VC ecosystems across the country.
The annual Kenan Institute Student Awards honor students who excel in research, leadership and service, recognize those who exhibit outstanding service and commitment, and celebrate those who exemplify Kenan-Flagler’s core values and advance the mission and vision of the institute.
The SunTrust Foundation will give a nearly $1 million grant to NCGrowth, an affiliated center of the Frank Hawkins Kenan Institute of Private Enterprise, to help create new jobs and stimulate transformative development in three high-potential communities in the Carolinas. These business incubators will help startup companies hire local workers in an effort to address issues such as unemployment, underemployment, low wages and significant poverty.
Stanford Institute for Economic Policy Research (SIEPR) Policy Fellow - and former Chief Economist of General Motors - Elaine Buckberg outlines how electric vehicles can save the economy as well as the environment.