Climatologists project that global temperatures may rise by up to four degrees Celsius over the next century. This projection raises a natural question: “Can we assess the impact that this temperature increase will have on the U.S. economy?
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.
Defaults exert a strong and predictable influence over behavior (Goldstein et al., 2008; Johnson, Belman, & Lohse, 2002). In European countries with opt-in organ donor pools, it is rare for greater than 20% of the population to opt in, while in opt-out countries it is not unusual to find that over 99% of the population are organ donors (Johnson and Goldstein, 2003).
The last 20 years have been a period of tremendous growth for the PE industry. From its roots in the 1970s and 80s in the buyout and venture capital spaces, private capital has expanded dramatically in both scope and scale. Funds have gotten larger, the investor pool has broadened and the largest players have transformed themselves into fully diversified alternative asset managers, with offerings across a wide range of geographies and asset classes.
The year 2019 has seen a multitude of events unprecedented in recent history. A crippling polar vortex followed by a destructive heatwave. Debate over blockchain and 5G permeating board rooms and Capitol Hill. The raging U.S.-China trade war. How do major global events like these affect those of us watching from the sidelines?
The Kenan Scholars program congratulates two graduating students for their receipt of the Kenan Institute’s two highest honors. Kenan Scholar Chris Dean Karras received the John Kasarda Research Excellence Award and Sarah Muneton, Kenan Scholars program assistant, was awarded the Kenan Institute Impact Award.
The emerging theory-based view depicts entrepreneurs as sophisticated thinkers who form, update, and act on rich causal theories. In support of this view, recent empirical work has demonstrated both (a) the value of theories as well as (b) the importance of experimentation for testing and refining theories. Yet, the process by which entrepreneurs initially form these theories remains largely unobserved.
The Kenan Scholars program has exploratory funds allocated for scholars to attend conferences and other activities that contribute to their education in a meaningful way. Because of the exploratory fund, senior scholar Emily Arnold attended the 2019 Solutions for Affordable Housing Conference in Washington, D.C., on Dec. 3 and 4.
Behavioral Theory highlights the crucial role of social comparisons in attention allocation in adaptive aspirations. Yet, both the specification of social reference points and the dynamics of attention allocation have received little scholarly examination. We address performance feedback from two social reference points relative to divisions in multidivisional firms: economic reference point and political reference point.
Together with many business and economic leaders around the globe, we at the Kenan Institute of Private Enterprise support the harshest feasible sanctions against Vladimir Putin in the immediate interest of Ukraine and its people. More broadly, we view such measures as vital to the long-term survival of democratic values. But as the Russian invasion continues, seemingly unabated by unprecedented economic and financial sanctions, we must ask: what more is feasible? And for how long can such restrictions be sustained?
“We’re in a unique and transformative time in global history,” said General Mark A. Milley, chief of staff of the U.S. Army, speaking at UNC Kenan-Flagler Business School.
Kenan Institute Chief Economist Gerald Cohen discusses the power of productivity and what that means for the U.S. economy.
Kenan Institute Distinguished Fellow John Haltiwanger of the University of Maryland sees the growth in startups and remote work as especially benefiting the South and the areas around urban downtowns.
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.
Our 2025 Grand Challenge examines the skills gap – the difference between the skills that employers seek and those that workers possess – which is being driven by technological breakthroughs, demographic changes and cultural shifts in the workplace.
The Kenan Institute of Private Enterprise has awarded six 2020 Frontiers of Entrepreneurship research grants to 11 scholars from around the globe. Each $10,000 grant will be used to support a wide array of research on strategy, finance, innovation and other entrepreneurship issues of interest to practitioners and policymakers.
Seventeen states have enacted salary transparency laws to combat pay gaps historically experienced by people of color and women, but the laws take different forms and have produced varying results. How does requiring companies to provide summary salary statistics compare with, for example, preventing companies from asking applicants about their previous salaries? Can such laws actually work against employees? Two experts address these questions and more in this week’s Kenan Insight.
Despite strong economic indicators—2.5% GDP growth, unemployment under 4%, and easing inflation—American consumer sentiment remains low. Kenan Institute experts explore why the public's mood doesn’t match the upbeat data, highlighting deeper sources of economic unease.
In the first study of the impact of the opioid crisis on firms, UNC Kenan-Flagler researchers demonstrate the negative effects of opioid abuse on long-term firm growth, investment and valuation.