The high cost of building plants and safety concerns are among the obstacles blocking U.S. nuclear power’s return to relevance as an energy source, but the opportunity is there and government action will play a part.
Nuclear power’s star has dimmed in recent years, diminished by the rise of solar, wind and natural gas as well as the 2011 disaster at Japan’s Fukushima plant. Now many nations, suddenly in need of a secure, clean energy source, have plans to reopen or extend the lives of their existing facilities.
In a new study, researchers examine how the rising economic power of technology and finance firms has contributed to regional income disparities across America.
As The Wall Street Journal reported this week, Congress is gearing up for a potential showdown with the largest tech companies in the U.S. And with a bipartisan group of representatives pushing for legislation that would dismantle the monopoly power of Big Tech, this week's Kenan Insight revisits research on how regulating Amazon, Apple and others may be key to reviving the economies of America’s held-back cities and regions.
Although the level of power held by the marketing department can determine key organizational outcomes, including firm performance, we show that this power has been decreasing since 2007. To address this apparent disconnect, we propose that the board of directors is a critical but overlooked antecedent of marketing department power. In particular, we demonstrate that directors’ exposure through board service at other firms (i.e., board-interlocked firms) affects the marketing department’s power in the firms on whose boards they also serve (i.e., focal firms).
Although the level of power held by the marketing department can determine key organizational outcomes, including firm performance, this power often is modest and, in many firms, diminishing. To address this apparent disconnect, the authors propose that the board of directors is a critical but overlooked driver of marketing department power.
This study, sponsored by the Frank Hawkins Kenan Institute of Private Enterprise and the Kenan-Flagler Energy Center, analyzes the economic cost of renewable energy’s ‘last frontier’, providing reliable baseload power. The analysis utilizes five financial and energy models to examine the cost of replacing baseload power with various energy sources to achieve fully decarbonized utility scale electricity generation.
Plastic is used in products across nearly every consumer goods sector, but plastic goods carry large negative external costs. Individuals may ask what power they have to create change, but history shows they can use their power as consumers.
While technological advances have traditionally been a boon to the U.S. economy, the rapid rise of new platforms and the increased financialization of the economy in recent years have encouraged the growth of monopolies—driving an ever-widening geographic gap in the distribution of income across the country. New research from the Kenan Institute’s Professor Maryann Feldman explores the ramifications of this growing divide.
Although the power held by the marketing department can determine key organizational outcomes, including firm performance, this power seemingly has been decreasing. To address this apparent disconnect, the authors propose that the board of directors is a critical but overlooked antecedent of marketing department power (MDP).
The coronavirus pandemic has been especially traumatic on our country’s African American working poor. From being disproportionately concentrated in low-wage hospitality and service sector jobs to struggling with caregiving and food insecurity issues due to shuttered daycare facilities and food banks, working-poor African Americans are facing an inequitable share of financial, social and psychological challenges. What can be done to ease the burdens of working-poor African Americans, both during the pandemic and moving forward? In this Kenan Insight, Urban Investment Strategies Center Director and William R. Kenan Jr. Distinguished Professor of Strategy and Entrepreneurship Jim Johnson invokes a little-known federal program, the Southeast Crescent Regional Commission (SCRC), as part of a strategic response to providing a coherent, place-based development plan.
Much has been written about the disproportionate number of women who have suffered pandemic-related job losses during COVID-19, but a related consequence has not been as well explored: the serious disruption of women’s careers, particularly in fields in which “path dependence” matters for success. In this Kenan Insight, we examine this more subtle asymmetry in the pandemic’s impact as indicative of far broader issues for women’s advancement in the workplace.
The pricing of prescription drugs comes under persistent public scrutiny, yet limited empirical evidence details the determinants of these price levels. This study provides a price function specification for newly launched drugs, with marginal cost and pricing power components.
Most organizational leaders have come to recognize that hiring and retaining a diverse workforce is a business imperative. But many struggle to achieve their diversity goals. In this Kenan Insight, we explore how organizations can measure their “organizational equity” — that is, their internal distribution of power and resources — and build a diverse workforce that leads to greater organizational success.
Could new legislation help drive the development of local tech clusters – and the growth of corresponding economic power and development – beyond Silicon Valley? In this week’s Kenan Insight, our experts explore the gravitational pull of Big Tech along with what it could mean if startups across the U.S. were better able to remain and grow in the communities where they launch.
In our previous Kenan Insight, we outlined the major findings in our recent report, Seven Forces Reshaping the Economy. This week, we explore how the COVID-19 pandemic has upended education and childcare, ushering in changes to both that will last far beyond the current crisis.
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.
In the electronics industry and beyond, original design manufacturers (ODMs) provide a full spectrum of services, ranging from design and development to manufacturing, to original equipment manufacturers (OEMs).
The explosive growth in ESG investing has created confusion among investors. As part of our yearlong series on stakeholder capitalism, we unpack what they should expect from ESG and try to reconcile it with both financial theory and empirical evidence. The bottom line is a bit complicated.
The U.S. Supreme Court struck down the “Chevron deference,” a legal doctrine that grants regulatory agencies authority in interpreting statutes. The decision could significantly alter the regulatory landscape.