...Established in 1985 by Frank Hawkins Kenan, the institute offers a number of programs, conferences and seminars which bring together high-profile business leaders, academic researchers and policymakers. The institute is...
Haltiwanger, a Kenan Institute Distinguished Fellow, will discuss implications for the continuing restructuring of the U.S. economy associated with the surge in new business creation.
Some are worrying about the future of commercial real estate because of recent falls in valuations. Our expert discusses the challenges facing CRE and how to disentangle the trends that are shaking up the sector.
UNC-Chapel Hill Professor Kurt Gray discusses how research can help us understand – and navigate – our rapidly changing professional and social lives.
Featured Commentary American Growth Project: Top-Performing EMAs for 2025 The Kenan Institute’s projected 2025 GDP growth rates for 150 Extended Metropolitan Areas across the United States anticipate a slowdown, but...
More than four years since the start of the COVID-19 pandemic, we examine the essential elements that build small-business resilience, emphasizing the importance of personal fortitude and intangible resources in ensuring business survival.
Kenan Institute Chief Economist Gerald Cohen kicks off 2025 with a rundown of five issues that will be top of mind for business leaders and policymakers, accompanied by his analysis.
Executive Director, Kenan Institute of Private Enterprise; Professor of Finance, UNC Kenan-Flagler Business School
CEO, The Michael Thomas Group Inc.; former president, North Carolina Community College System
Senior Fellow, Salata Institute for Climate and Sustainability, Harvard University
In kicking off the new year, we at the Kenan Institute want to highlight five topics we anticipate will be top of mind for business leaders and policymakers during the 12 months ahead. Although some of these challenges – such as the recession we expect – can be painful, they also present opportunities. To help you navigate this rapidly evolving economic landscape, the Kenan Institute will work to provide solutions-focused analysis on the following as well as related issues throughout 2023.
In the sales process in business markets, customers often are assisted by two types of sales reps: customer-focused reps (CSRs) and operations-focused reps (OSRs), who work together to ensure smooth buying experiences. Because these reps work jointly, selling firms often evaluate reps’ performance according to overall output, without assessing or quantifying their respective individual contributions to customer buying decisions. The authors of this study propose using value-added metrics that pertain to three drivers of value: (1) CSRs, (2) OSRs, and (3) the interface between CSRs and OSRs. This approach leverages variations in CSR–OSR combinations and produces both individual CSR–OSR and dyadic or interface value-added metrics. To address the empirical challenges (i.e., limited variations in CSR–OSR combinations), they use empirical Bayes random effect estimation to produce best linear unbiased prediction.
Issues constricting the supply of workers, the sector-by-sector employment effects of a potential recession, the emergence of new technologies – these are the primary labor demand themes we’ll focus on in our 2023 grand challenge.
On Thursday, April 27, the Kenan Institute of Private Enterprise hosted John Haltiwanger, Dudley and Louisa Dillard Professor of Economics at the University of Maryland, for a hourlong chat on "Why Business Formation Surged During the Pandemic" Haltiwanger is a member of the 2023 class of Kenan Institute Distinguished Fellows. Together they comprise an exemplary set of global scholars committed to leveraging their individual expertise, thought leadership, research and networks to further the institute’s efforts to examine and drive solutions to issues facing business and the economy today. This year’s class will support the institute’s 2023 grand challenge: “Workforce Disrupted: Seeking the Labor Market’s Next Equilibrium.”
On Thursday, April 20, the Kenan Institute of Private Enterprise hosted Ricardo Perez-Truglia, associate professor of economic analysis and policy at the UC Berkeley Haas School of Business, for a hourlong chat on “Untangling Pay Transparency Laws". Perez-Truglia is a member of the 2023 class of Kenan Institute Distinguished Fellows. Together they comprise an exemplary set of global scholars committed to leveraging their individual expertise, thought leadership, research and networks to further the institute’s efforts to examine and drive solutions to issues facing business and the economy today. This year’s class will support the institute’s 2023 grand challenge: “Workforce Disrupted: Seeking the Labor Market’s Next Equilibrium.”
DaimlerChrysler’s origins date as far back as 1883, when its predecessor “Benz & Co. Rheinische Gasmotoren-Fabrik, Mannheim” was founded by Karl Benz in Germany. The Chrysler Corporation was founded in the United States in1925 by Walter P. Chrysler. In November 1998 Chrysler and Daimler Benz completed a $36 billion merger, forming DaimlerChrysler, the fifth largest automaker in the world with estimated sales of $160 billion.
Employee spinouts, defined as startups founded by prior employees of an industry firm, play a critical role in firm creation and knowledge transfer. Their superior performance often arises from resources and knowledge accrued during employment in parent firms. An understudied question is whether prior employment in parent firms impacts an employee