In our last post, we examined the history of how downtown Durham, North Carolina became one of the hottest destinations for people to live, work and play, and how that makeover is raising questions about economic equity, gentrification and displacement. In this post, we take a look at Durham’s future, and how local government and community leaders are working to address the issues surfaced by Durham’s transformation.
The UNC Energy Center will host a conference on Carbon Capture/Sequestration (CCS). The conference will feature a keynote address from John Minge, who is chairing the National Petroleum Council’s current CCS study. Spokespersons for emerging technology developers, NetPower and ExxonMobil, will present their capabilities and recent efforts to demonstrate their effectiveness. Spokespersons from major oil companies, utilities and the National Renewable Energy Lab will discuss options for economically deploying captured CO2.
This paper examines the cross-university variation in spin-off activity by faculty members from 124 US academic institutions, using a unique database including data on founders of both formal and informal spin-offs. Accordingly, the rate of spawning founders is positively affected by the quality of the institution and its departments, the R&D expenditure of the institution, and the strength of the local cluster.
Edward Bernstein Distinguished Professor of Economics and Professor of Finance at UNC Kenan-Flagler Business School Eric Ghysels, head of the Kenan Institute’s Rethinc. Labs initiative, has been appointed a member of the North Carolina Blockchain Initiative by Lieutenant Governor Dan Forest. The initiative will study blockchain technology, virtual assets, smart contracts and digital tokens with the goal of developing a series of recommendations to strengthen North Carolina as a leader in technological innovation.
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.
This trial will provide evidence on the impact of a behavioral intervention to implement huddles as a key component of team-based care models. Knowledge gained from this trial will be critical to broader deployment and successful implementation of team-based care models.
Abstract Supply chains are often characterized by the presence of a dominant buyer purchasing from a supplier with limited capacity. We study such a situation where a single supplier sells...
A new study by the Kenan Institute of Private Enterprise and the National Venture Capital Association shows employment grows roughly eight times faster at venture capital-backed startups than other private-sector firms, and 62.5% of employment at VC-backed companies took place in states other than California, Massachusetts, and New York, despite the concentration of VC investment in those areas.
In recent years, institutional investors have progressively depended on higher returns from private markets. As a result, there's been an increase in competition for quality investment. In a recent Economist special report on the topic, Institute for Private Capital Research Director Greg Brown and his co-authors' study on private asset returns is featured.
Research by the institute-affiliated UNC Tax Center shows just six publicly traded U.S. companies, including Amazon and Warren Buffett’s Berkshire Hathaway Inc., would have paid half the estimated $32 billion in revenue generated by a 15% corporate minimum tax signed into law last month. “Who actually pays a lot is just not very many firms at all,” said Jeff Hoopes, Kenan-Flagler Business School professor and the center’s research director, who is one of the study’s authors. “My guess is it will not be the same firms every single year.”
The United States may be a highly productive society as a whole, but regionally results vary widely. Institute Chief Economist Gerald Cohen discusses the success stories and trends identified from our American Growth Project study of the top producing cities.
Over 1960 to 2017, we show that a positive risk premium from holding high-beta stocks (versus low-beta stocks) and small-cap stocks (versus large-cap stocks) is reliably earned only after the expected stock-market volatility breaches an approximate top-quintile threshold. The high conditional average returns with this nonlinear risk-return phenomenon are persistently evident over months t+1 to t+6 following a volatility-threshold breach in month t-1.
The 2017 Workshop on North Carolina Manufacturing Data Science targets a critical gap in the emerging digital manufacturing ecosystem – achieving data-driven improvements in manufacturing processes to realize broader benefits across the factory and enterprise. It will bring together personnel from North Carolina industry, state government, University of North Carolina (UNC) General Administration, and UNC system universities to discuss current capabilities and future needs for widespread implementation.
As the pandemic forced shutdowns across the globe, U.S. government entities at the federal, state and local levels worked swiftly to secure known drivers of economic growth and job creation – including entrepreneurial ecosystems and small businesses. And while the programs implemented were widely lauded as successful, the story of who benefitted – and who did not – is more complex. This week’s Kenan Insight explores our experts’ key findings around the roles of policy and implementation in supporting equal access to opportunity.
Kenan Institute experts, industry leaders and researchers came together to discuss the broad societal impact of entrepreneurs – including entrepreneurial ecosystems, funding and America’s untapped assets – and some of the biggest trends currently seen in the industry.
AI. CRISPR. mRNA. Key components of the rapidly expanding alphabet soup of technologies driving a boom in healthcare innovation. In this Kenan Insight, we explore why the 2021 Trends in Entrepreneurship Report names emerging technology in the healthcare industry as a key trend, along with some of the challenges that come with fast-moving technological advancements.
...Kenan Scholar. Write your response in the form of a well-written statement or question. (Consult this GUIDE to develop your statement/question). Note: if you are accepted into the program, you...
Nonpartisan business policy think tank connects corporate executives, academic researchers and policymakers with next-generation business leadership at UNC Kenan-Flagler Business School.
It’s not every day that students can walk through the halls of state government and shake hands with policymakers, but on January 26, a group of Kenan Scholars did just that.
On Feb. 8, 2019, the Kenan Scholars traveled to Raleigh to meet with government leaders and administrators for their annual North Carolina Capital Trek.