New business formation fuels local growth in North Carolina and offers real-time data to guide policy and forecasting, according to new research from the Kenan Institute, the North Carolina Collaboratory, and the Secretary of State.
The Kenan Institute announces the publication of “The New Oxford Handbook of Economic Geography,” edited by Gordon L. Clark, Maryann P. Feldman, Meric S. Gertler and Dariusz Wójcik. Feldman is the S.K. Heninger Distinguished Professor of Public Policy at the UNC College of Arts & Sciences, and a professor of finance at Kenan-Flagler Business School.
On January 18 and 19, 2018, the Frank H. Kenan Institute of Private Enterprise (Kenan Institute) hosted its Frontiers of Entrepreneurship Research Conference at The Breakers Palm Beach Resort. The conference brought together more than 100 academic research scholars, policy experts and private sector professionals to discuss and debate the most challenging current issues in the field of entrepreneurship in order to set the agenda for future research and policy.
What’s best for a local economy—recruiting big, established companies, or nurturing home-grown startups? It’s a question economic developers and researchers have grappled with for decades. In a new white paper and Economic Development Quarterly article, Kenan Institute Senior Faculty Fellow Maryann Feldman and University of North Carolina at Chapel Hill professor Nichola Lowe offer a new tack: Try both.
This study examines whether the value a venture derives from an affiliation depends on its relative standing in the portfolio of all affiliations held by its partner. Relative standing refers to how the venture ranks among other ventures in the partner’s portfolio with respect to expected returns. The relative standing of a venture in its partner’s portfolio influences the venture’s access to the partner’s resources and the venture’s performance.
Kenan Institute Distinguished Fellow Angelica Leigh, assistant professor of management and organizations at Duke University Fuqua School of Business, explored the effect of societal events, or “mega-threats,” on employees and employers in a talk Sept. 20.
On Sept. 9-11, 2019, the Kenan Institute and the University of North Carolina at Chapel Hill’s Institute for African-American Research will co-host the second Black Communities Conference, an international gathering of scholars and community leaders from across the African diaspora. The conference's core mission is to connect academics from a variety of disciplines with black communities, with the goal of enhancing the life of those communities.
In online service marketplaces, supply-side thickness - the number of providers - is widely believed to be crucial for facilitating matches, i.e., transactions between providers and customers. The empirical literature generally supports this view, providing evidence for the hypothesis that market thickness increases matches, albeit at varying rates. This support is typically obtained in contexts with a passive seller listing where all sellers are readily listed for customers. Distinctively, our study empirically examines an online marketplace where providers are active, meaning they must take an action to be listed.
The COVID-19 pandemic has exposed vulnerabilities in many supply chains, none more so than the healthcare supply chain. What factors have contributed to the alarming lack of readily available healthcare resources in the wake of overwhelming need? And what can be done to prevent such a disconnect from happening again? Professor Brad Staats, faculty director of the UNC Center for the Business of Health, and UNC Kenan-Flagler Business School Professor Jay Swaminathan present the findings of their most recent supply chain research in this week’s Kenan Insight.
The COVID-19 pandemic has put 18 million jobs at small businesses in the U.S. at risk – which could as much as quadruple the nation’s total unemployment rate. The effects of both the coronavirus and recent government relief programs were explored by a panel of Kenan Institute-convened experts during a press briefing held yesterday. The full recording of this briefing—along with a deeper-dive analysis on the specific implications of the financial downturn on small business employment by Kenan Institute Research Director Professor Christian Lundblad and UNC Kenan-Flagler Business School Professor Paige Ouimet—is available in this week’s Kenan Insight.
The dynamic procurement problem has long attracted academic and practitioner interest, and we solve it in an innovative data-driven way with proven theoretical guarantees. This work is also the first to leverage the power of covariate data in solving this problem.
During the past 40 years, the income gap between top and bottom earners has expanded exponentially, with the top 1% controlling about 20% of national income and the bottom 50% holding less than 13%. In this Kenan Insight, we examine the role of two factors contributing to regional inequalities in the U.S and Europe: job automation and telecommuting.
Venture philanthropy presents a new model of research funding that is particularly helpful to those fighting orphan diseases, which actively manages the commercialization process to accelerate scientific progress and material outcomes. This paper begins by documenting the growing importance of foundations as a source of funding academic research as traditional funding from industry and government sources decline.
As part of the “Investment Strategies” breakout session at the Investing in Affordable Housing Symposium, Erin Smith of Bank of America's Community Development Corporation, Pamela Watkins-West of Nuveen and Wade Casstevens of Linden Property Group discussed ways in which organizations are looking at new and innovative investment strategies to expand affordable housing creation and preservation in the region.
Research from UNC Kenan-Flagler Finance Professor Eric Ghysels attaches explicit costs to a model’s classification errors, in this case concerning pretrial detention decisions, avoiding the one-size-fits-all symmetrical cost function of traditional machine learning.
Where can a UNC Kenan-Flagler MBA student supplement classroom training with hands-on leadership and a year-long research project on a critical, real-world business issue with the guidance of the school’s distinguished faculty? Whether the subject of study is infrastructure investing, nuclear energy generation, socioeconomic disparities or venture capital funding, the Kenan Scholars program is the best venue for such an experience.
The Kenan Institute of Private Enterprise welcomed Key Square Group Founder, CEO and CIO Scott Bessent on Wednesday, March 7, to have lunch with its Kenan Scholars and field questions about hedge fund management, economics education and starting an investment career.
Join the Kenan Institute of Private Enterprise for a virtual talk featuring London Business School Finance Professor Alex Edmans, who will critically examine the case for purposeful business using rigorous evidence and real-life examples to show what works – and, importantly, what doesn’t.
North Carolina is one of the major migration destinations in the U.S. A newly created dashboard that uses 2015-2016 Internal Revenue Service (IRS) county-to-county migration data provides key insights into both the origins and economic characteristics of recent newcomers to the Tar Heel State.
The global COVID-19 pandemic has been a recurring theme throughout the 2020 U.S. elections, and its health and economic consequences will be felt far beyond November 3. In this Kenan Insight, we look at both the challenges and potential opportunities the pandemic has created for accelerating innovations in healthcare delivery and pharmaceutical development.