Using a convolutional neural networks approach to process the images, this study reviews Airbnb listings in two cities and derives a descriptive model of image technical features, content, and other property attributes (e.g., price, textual information, characteristics) to predict demand at the property level.
Jacob H. Schiff Professor of Investment Banking, Harvard Business School, and 2024 Kenan Institute Distinguished Fellow
On Wednesday, Feb. 5, Maryann Feldman, Heninger Distinguished Professor in the Department of Public Policy at the University of North Carolina, adjunct professor of finance at UNC Kenan-Flagler Business School and director of the Kenan Institute-affiliated center CREATE, testified before the Subcommittee on Research and Technology, part of the U.S. House of Representatives Committee on Science, Space, and Technology. The hearing, titled "America's Seed Fund: A Review of SBIR and STTR," discussed the role of the Small Business Innovation Research (SBIR) program and Small Business Technology Transfer (STTR) program in helping to move the results of federally funded research into commercial development and generating new economic growth.
Society faces a series of major problems, such as climate change, which require transformative technological change as part of the solution. From our 2022 Frontiers of Entrepreneurship Conference, MIT Sloan School of Management Professor Jacquelyn Pless, Duke University Professor Emeritus Eric Toone and Kenan Institute Chief Economist Gerald Cohen explore the potential and limits of entrepreneurship in solving these problems.
What is a stablecoin, and why did the one known as TerraUSD break the buck and crash? Kenan Institute Chief Economist Gerald Cohen moderates this timely crypto conversation with University of California-Berkeley Haas School of Business Professor Christine Parlour, UNC Kenan-Flagler Business School Professor Eric Ghysels and Chief Revenue Officer Michael Coscetta of Paxos.
The arrival of two approved COVID-19 vaccines provides a clear path to the end of the pandemic that held most of 2020 hostage. But a recent resurgence of the virus and skyrocketing rates of infection indicate that a full return to normalcy—including the pre-pandemic work environment— is still months in the future. In this Kenan Insight, we examine the relevant factors that will determine when and how we go back to the office.
Associate Professor of Organizational Behavior, UNC Kenan-Flagler Business School
Associate Professor and Sarah Graham Kenan Scholar, UNC Kenan-Flagler Business School
Director of Research, Kenan Institute of Private Enterprise; and Boyd White Harris Jr. Distinguished Professor of Finance, UNC Kenan-Flagler Business School
Associate Professor, Economics Department, University of North Carolina at Chapel Hill
We examine the link between endowment investment performance and the expertise of university board members. Harnessing detailed information on 11,019 members for 579 universities, we find that expertise in alternatives and larger professional networks are associated with higher allocations to alternatives and better investment results.
We examine the links between human capital and endowment investing. Harnessing detailed information on university endowments, we find that higher asset allocations to alternative assets accompany higher levels of human capital in the endowment’s investment process. Moreover, high levels of human capital are linked to larger returns, even on a risk-adjusted basis.
Private equity continues to grow as a major investment vehicle in the US and globally. The 10th annual PERC Conference will build on its legacy as a leading research symposium in the ever-expanding field of private equity.
Join the Leonard W. Wood Center for Real Estate Studies for the 2022 UNC Affordable Housing Symposium on Friday, Dec. 2, 2022 at the Rizzo Center. Industry and academic experts will explore how the Triangle can prepare for the future.
North Carolina has been a relatively affordable place to live, but the housing climate is shifting as industry booms. On Nov, 19, join the Wood Center for Real Estate Studies and the Kenan Institute for the UNC Affordable Housing Symposium where industry and academic experts will explore how the Triangle can prepare for the future. Over the course of three interactive sessions, attendees will learn about an innovative model for preserving affordable workforce housing in high-impact locations, engage in a conversation around the impediments to developing new workforce housing communities, and ponder how shifts to remote work might impact the region’s housing affordability.
Please join us for the upcoming 13th annual Private Equity Research Consortium hosted by the Institute for Private Capital in Chapel Hill, North Carolina this fall. The symposium will highlight recent research on buyouts, private credit, and venture capital, among other topics. This event brings together the world’s leading academics and practitioners to share ideas and present research. The Private Equity Research Consortium (PERC) is an assemblage of academic researchers and industry professionals dedicated to advancing research on private equity and credit.