As venture capital markets have surged in recent years, early access to capital remains highly localized. We examine changes that can help investors connect with underrepresented entrepreneurs outside traditional funding hubs, from innovative organizations to improvements in transportation.
This paper presents the development, validation, and implementation of a data-driven optimization model designed to dynamically plan the assignment of anesthesiologists across multiple hospital locations within a large multi-specialty healthcare system. We formulate the problem as a multi-stage robust mixed-integer program incorporating on-call flexibility to address demand uncertainty. The optimized dynamic staffing plan has been successfully implemented in the University of Pittsburgh Medical Center healthcare system, leading to estimated annual cost savings of 12\% compared to current practice, or about \$800,000 annually.
PERC returns to Oxford University’s Saïd Business School on May 11-12, 2023, for the Private Equity Research Consortium Spring Symposium. This group of scholars and industry professionals conducts and promotes research on private equity.
PERC returns to Oxford University’s Saïd Business School on May 16-17, 2024 for the Private Equity Research Consortium Oxford Research Symposium.
On April 1-2, 2016, the Energy Center at the Kenan-Flagler Business School, University of North Carolina at Chapel Hill convened a conference on “Global Frac’ing, What has to Change for it to be a Game Changer?” It was an invitation only event with attendance limited to industry experts, leading consultants and responsible government officials. Attendees and speakers came from the U.S., UK, Poland, Mexico and Canada. This report summarizes the main points which emerged from the speaker presentations and subsequent discussion. It does not attempt to be a comprehensive treatment of Global Frac’ing. Rather, it raises four sets of questions and presents the conclusions which developed. The Executive Summary provides an overview of these conclusions. The appendices share details on two matters much discussed – what would be a model regulatory regime for unconventional development, and what would constitute a model fiscal regime?
This paper seeks to improve our understanding of how intermediaries operate to advance the commercialization of science by providing a set of specialized services. We review five intermediaries commonly mentioned in the ecosystem literature: university technology transfer and licensing offices; physical space (incubators, accelerators, and co-working spaces); professional services providers; networking, connecting, and assisting organizations; and finance providers (including venture capital, angel investors, public financing, and crowdfunding).
Philanthropy by entrepreneurs remains an empirically underexplored topic. Combining datasets on U.S. based IPOs with individual philanthropic gifts, we empirically demonstrate that entrepreneurial harvests indeed trigger entrepreneurs’ philanthropic behavior. Furthermore, we distinguish how entrepreneurs’ approach to philanthropy differs from other individuals who experience the same wealth creating event. Entrepreneurs are able to transition more quickly to philanthropy compared to non-entrepreneurs, are more likely to invest in university science and technology, and also provide a greater number of gifts.
Often the story of successful places is predicated on the story of an individual who was instrumental in creating institutions and making connections that were transformative for a local economy. Certainly this is the case for Silicon Valley in California and Fred Terman, the Dean of Engineering at Stanford University, USA, who offered his garage to his students, Hewlett and Packard, and encouraged other start-ups. Or George Kozmetsky, the founder of Teledyne, who created the Institute for Innovation, Creativity and Capital (IC2) and mentored over 260 local computer companies in Austin, Texas. Any reading of the lives of these individuals highlights their connection to community and motivations beyond making profits.
Postdoctoral scholars may be economic complements or substitutes for faculty, doctoral research assistants and capital in the production of university life science research. Using data on 120 US universities, we present two cross-sectional (1993 and 2006) descriptive econometric models. Results suggest that postdocs serve primarily as complements to other labour inputs and capital.
State initiatives that build innovation capacity by supporting local academic research, attracting eminent scholars, and building research excellence have become prominent among the 50 states over the past 30 years. This article focuses on three programs: University Research Grants, Eminent Scholars, and Centers of Excellence.
This study explores the process of organizational change by examining localized social learning in organizational subunits. Specifically, we examine participation in university technology transfer, a new organizational initiative, by tracking 1,780 faculty members, examining their backgrounds and work environments, and following their engagement with academic entrepreneurship.
PERC returns to Oxford University’s Saïd Business School on May 26-27, 2022, for the Private Equity Research Consortium Spring Symposium. This group of scholars and industry professionals conducts and promotes research on private equity. This research symposium offers the opportunity for this group to engage with new academic research.
Tomoki Tanaka, vice president of Mitsubishi UFJ Financial Group and MUFG Bank, will join Rethinc. Labs for the next event in their Quantum webinar series. Working with researchers from the financial team at the IBM Q Network Hub at Keio University, Tanaka found several quantum algorithms that may be implementable in near-term devices for estimating the amplitude of a given quantum state. This is a core subroutine in various computing tasks, such as the Monte Carlo method.
Terrorist attacks. Oil spill disasters. Ebola outbreaks. Our world today is defined by what Jim Johnson, director of the Kenan Institute-affiliated Urban Investment Strategies Center, terms an atmosphere of “certain uncertainty.” Johnson spoke on what individuals need to survive this new reality at the Feb. 12 Carolina Conversations event at UNC-Chapel Hill.
The Kenan Institute of Private Enterprise conferred its top student honors to two UNC Kenan-Flagler Business School MBA candidates during a ceremony attended by staff, faculty, students and members of the Kenan Institute Board of Advisors Thursday, April 12.
Please join the Kenan Institute for an exclusive conversation with Squad Founder and CEO Isa Watson on Thursday, Feb. 13. The event takes place in Kenan Center 204 and is part of the Dean’s Speaker Series, hosted by UNC Kenan-Flagler Business School's Senior Associate Dean for Academic Affairs Dave Hoffman.
In this edition of the Dean Speaker Series, join us for an engaging lunchtime keynote with Dean Mary Margaret Frank and Nate Holobinko on Friday, November 8, as a part of the 2024 UNC Business of Healthcare Conference.
In a continuing effort to examine the business sector's contributions to inclusive economic growth, join us April 10-11 for two days of discussions and exploration during the third annual Conference on Market-Based Solutions for Reducing Wealth Inequality.
A Robeson County tortilla manufacturer is ready to increase his production from 25,000 pounds of tortillas a week to 120,000 pounds. UNC Kenan-Flagler MBA student Ben Holmes is helping him do just that — through NCGrowth, an affiliate of the Frank Hawkins Kenan Institute for Private Enterprise.