New business formation plays a crucial role in predicting economic activity in North Carolina. Research shows that business starts positively impact county GDP growth and job creation, with larger effects in highly populated counties. The impact is smaller but still significant in less populated counties. Employment growth also varies by sector—new businesses in goods-producing industries create jobs after a delay, while service-sector businesses contribute to job growth more quickly. This research was done in collaboration with the North Carolina Secretary of State’s Office and the North Carolina Collaboratory.
...good. Through a variety of conferences, symposia, expert speakers and closed-door roundtable discussions, the institute connects Director’s Council members and institutions to generate a deep understanding of the most important...
Last month, Patrick Hartley, a distinguished member of the Kenan-Flagler community, joined the Kenan Institute as a Fellow. He has been a Professor of the Practice of Finance at Kenan-Flagler for nearly twelve years. Currently, he also serves as President of the board of directors of the Kenan-Flagler Business School Foundation.
NCGrowth is excited to announce their new advisory board comprised of faculty, practitioners and experts that will provide expert research and recommendations for economic development and business assistance projects.
Introduction to machine learning techniques using the SAS platform. Agenda includes: (1) Overview of SAS Visual Data Mining and Machine Learning; (2) Hands-on exercises with SAS machine learning visual interfaces; (3) SAS Programming w/ demonstration of SAS Studio development environment; (4) Python programming with SAS machine learning including hands-on exercises; and (5) Advanced SAS AI Topics. Open only to UNC students, faculty, and staff. Space is limited, please register to attend.
Governors across the United States have reacted to the COVID-19 pandemic by implementing state-level executive actions to address a range of issues provoked by the crisis. Although it is too early to gauge the long-term effects of the pandemic and states’ responses to it, this Kenan Insight provides a preliminary analysis of actions governors have taken thus far, to help inform policymaking going forward. This briefing features CREATE Director and UNC Kenan-Flagler Professor Maryann Feldman, Rethinc. Labs Faculty Director and UNC Kenan-Flagler Professor Eric Ghysels, UNC-Chapel Hill Political Science Professor Christopher Clark and North Carolina Department of Health and Human Services Deputy Secretary Kody Kinsley.
This week our panelists examined the myriad ways the entrepreneurial community is driving innovation and delivering stories of hope in the face of COVID-19. This briefing features UNC Kenan-Flagler Business School Professor of Strategy and Entrepreneurship Mahka Moeen, UNC Entrepreneurship Center Faculty Director Ted Zoller, UNC Eshelman School of Pharmacy Pharm.D. candidate Diana Lee and UNC Applied Physical Science Department Professor and Chair Rich Superfine.
This week our panel of experts examined the effects of COVID-19 on the healthcare system, its providers and supply chains. The briefing featured UNC Center for the Business of Health Faculty Director Brad Staats, UNC Kenan-Flagler Business School Professors Jay Swaminathan and Vinayak Deshpande, UNC Hillman Scholars in Nursing Innovation Director Cheryl Jones and Blue Cross and Blue Shield of North Carolina Chief Strategy Officer Bryony Winn.
The use of Quantum computers is rapidly growing and the potential applications are vast. There are applications in material and drug design, logistics optimization, as well as financial risk analysis and pricing. The requirements needed for quantum hardware to achieve a potential advantage for these applications are not always fully understood. Dr. Stefan Woerner joins Rethinc. Labs Faculty Director Eric Ghysels to outline classical computational challenges appearing in the financial services sector. He discusses where quantum computing may provide an advantage, and what requirements this imposes on the quantum hardware. Drawing from examples achieved jointly from their IBM Quantum partners from the financial industry, Dr. Woerner presents results with a focus on application-driven benchmarks in order to understand the roadmap towards real quantum advantage for applications.
In spite of widespread buzz about corporate sustainability, research shows that, for many companies, sustainability is still mostly a public relations exercise. UNC Kenan-Flagler Assistant Professor of Strategy and Entrepreneurship and Center for Sustainable Enterprise Faculty Director Olga Hawn discusses new research from colleagues Caroline Flammer (Boston University Questrom), Bryan Hong (NYU Stern) and Dylan Minor (Northwestern University Kellogg) which found that companies that adopt corporate social responsibility contracting have a greater and more pervasive focus on sustainability, are better able to track their ESG (environmental, social and governance) performance and are more likely to achieve their social and environmental goals.
The COVID-19 crisis has forced an unprecedented shift to remote working on a massive scale. How can companies best mitigate the challenges and leverage opportunities within this new environment to effectively engage, enable and support their employees, while still delivering for customers? Join RedHat’s Chief People Officer, DeLisa Alexander and UNC Kenan-Flagler Business School Faculty members Dave Hofmann and Arvind Malhotra as they explore how business leaders can motivate their teams and meet the changing needs of a remote workforce.
Artificial intelligence enhancements are increasingly shaping our financial decision-making. But with what result? Kenan Institute Senior Faculty Fellow Eric Ghysels discusses his research which explores strategies commonly used in the robo-advising industry, including some involving advanced machine learning methods, to assess the potential benefits of robo-investing over a long period of time for a heterogeneous panel of individual investors.
Does practicing corporate social responsibility (CSR) bestow any benefits on how a firm is perceived by the public? Yes, says a study by Olga Hawn, assistant professor of strategy and entrepreneurship and faculty director of the Center for Sustainable Enterprise at UNC Kenan-Flagler Business School, and Catherine Shea, assistant professor of organizational behavior and theory at Carnegie Mellon University Tepper School of Business. Hawn and Shea point to a link between CSR and a company’s’ reputation for warmth and competence, how perceptions of firms’ exhibition of these characteristics affect CSR rewards and CSI (corporate social irresponsibility) penalties and how these effects vary from country to country.
In honor of Green Week and upcoming Earth Day, UNC Kenan-Flagler Business School's Center for Sustainable Enterprise Faculty Director Olga Hawn shares why she thinks the future for sustainability in business is bright.
Brad Staats, professor of operations at UNC Kenan-Flagler Business School and faculty director of the Center for the Business of Health, outlines his latest research on people-centric operations. Staats and his colleagues looks at how a merging of organizational behavior and operations can be capitalized upon to create systems that help people thrive and be productive.
As AI and related technologies – such as machine learning, deep learning, natural language processing and computer vision – rapidly evolve, it's necessary to examine their limitations and ethical complexities. Eric Ghysels, Edward Bernstein Distinguished Professor of Economics and Professor of Finance & Faculty Director of Rethinc. Labs previews our AI Innovations Forum co-hosted with SAS.
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.
Faculty Director of the Rethinc. FinTech Lab, Eric Ghysels was featured as the keynote speaker at the 2nd Crypto Asset Lab Conference. The conference, which took place on Tuesday, October 27th, focuses on all aspects of bitcoin and crypto assets, especially those pertaining to investment, banking, finance, monetary economics, and regulation. Topics included cryptocurrency adoption and transition dynamics, digital cash and payment systems, economics and/or game theoretic analysis of cryptocurrency protocols, economic and monetary aspects of cryptocurrencies and the legal, ethical and societal aspects of (decentralized) cryptocurrencies.
On October 27, 2017 the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted The Business of Healthcare: Adapting to an Aging Economy at UNC Kenan-Flagler Business School in Chapel Hill, North Carolina. The conference brought together more than 100 attendees representing the diverse interests and perspectives of health care and elder care organizations, medical and pharmaceutical companies, patient advocacy organizations, government agencies and the academic research sector.
A recent article by AARP compares the tax landscape in North Carolina with surrounding states, and discusses how North Carolina tax breaks for older residents fall short of those offered by other states, such as South Carolina. The article quotes Jim Johnson, director of Education, Aging, and Economic Development for the Kenan Institute, on what older Americans consider when choosing where to spend their retirement years.