Heuristics play an important role in organizational decision-making. Although management and organizational scholars have contributed significantly to our understanding of heuristics in organizations over the past seven decades, the literature has become fragmented over time. We review and synthesize the literature and put forward an integrative process model of heuristics in organizations.
A panel from this year's Alternative Investments Conference discusses how venture capital is playing catch-up on ESG investing, "knowing what levers you can pull," and the opportunity for huge growth in this week's Kenan Insight.
UNC Kenan-Flagler Business School Professor Jim Johnson, director of the Urban Investment Strategies Center, defines three groups facing challenges as companies return to the office and updates his forecast of demographic gale force winds.
In emerging-market countries, commercial institutions do not always develop sufficiently quickly or effectively to support ambitious entrepreneurs. How might intermediaries remedy these problems? We address this question by drawing on institutional literatures to develop the concept of “open system intermediaries.” Our research design involves examining business incubators in emerging markets as a form of open system intermediary.
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.
Artificial intelligence enhancements are increasingly shaping our financial decision-making. But with what result?
Angel investor tax credits are commonly used around the world to spur entrepreneurship. Exploiting the staggered implementation of these tax credits in 31 U.S. states, we find that while they increase angel investment, marginal investments flow to relatively low-growth firms.
We investigate claims that the complexity of the tax system discourages entrepreneurship. We use the implementation of tax filing assistance centers, which help entrepreneurs file their taxes, as sources of plausibly exogenous variation in the tax complexity effectively facing potential entrepreneurs.
Venture capital has existed since the 1970s, expanding and becoming more institutionalized year after year. But its growth in the aftermath of the global financial crisis has been unprecedented.
The contemporary workplace is characterized by transience: Organizational members frequently turn over and careers span multiple organizations. Consequently, workplace friendships that were once close become less close and intimate, that is they become peripheral and can deteriorate. While research has examined the benefits for employees who move on to new opportunities, less clear is how stayers, or employees who remain behind in the work setting, are affected. To understand stayers’ experiences and how they manage, we draw on theories of belongingess and to offer a three-part episodic process model, which explains how stayers’ engagement in the task and social domains are influenced.
Prior research suggests that female negotiators often obtain worse outcomes than male negotiators. The current research examines whether this pattern extends to the large subset of men and women who identify as gays and lesbians. In particular, we interweave scholarship on gender stereotypes with work on intersectionality and MOSAIC theory to develop a theoretical model that anticipates how male and female negotiators will be treated at the bargaining table based on whether they are perceived to be heterosexual or homosexual. This model predicts that homosexual women, like heterosexual men, will receive more beneficial negotiation offers and outcomes than heterosexual women and homosexual men.
Multinational corporations (MNCs) are adopting increasingly diverse and complex marketing channels to sell their products worldwide. They strive to manage channels that confront diverse demands from headquarters, foreign subsidiaries, and local partners as well as complex market environments.
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.
Financial hardships caused by the COVID-19 pandemic are hitting low-income families in North Carolina especially hard, according to a new report released by the North Carolina Community Action Association (NCCAA). The study was commissioned by NCCAA to gauge how the pandemic was affecting its efforts to combat poverty and facilitate self-sufficiency in low-income communities.
The AI transformation has yet to happen, prompting uncertainty about potential impacts on the skills gap and the nature of work. Recognizing this will help us develop strategies for mitigating potential risks to workers, firms and the economy.
...beyond. Director’s Council participation supports the institute’s core initiatives in entrepreneurship, dynamic economies and global commerce by funding programs, research and graduate student fellows. ANNUAL GIVING: Individual: $5,000 or above...
...skills they need. Working Age Population % of Total Population Shaded areas represent recessions as determined by the National Bureau of Economic ResearchSource: Census Bureau One Path Toward Bridging the...
Strategy formation is central to why some firms succeed in entrepreneurial settings while others do not. Prior research suggests that executives effectively form strategies through actions to learn about novel opportunities, and thinking to develop a holistic understanding of the complex set of activities that must fit together.
Crowdsourcing as a mechanism of open innovation is a popular way for organizations to solicit ideas from external agents. Our research focuses on the relationship between examples in problem statements provided to a crowd and the subsequent number of ideas submitted by the crowd.
We provide a comprehensive overview of accounting-related regulatory changes (financial accounting, auditing, tax, other disclosures) in the 27 EU countries and the UK since the EU’s inception in 1993 (Maastricht Treaty) based on an extensive literature review, a survey, as well as input by country and topic academic experts.