business resilience

Business Uncertainty

When Uncertainty Becomes a Certainty

2022 was a tumultuous year: NASDAQ, a tech-heavy stock index, closed the year down more than 30%; inflation proved more stubborn than policymakers initially thought and reached 40-year highs; Russia invaded Ukraine, sending commodity prices even higher; and central banks cranked up rates in response, the Federal Reserve raising interest rates at an unprecedented pace in recent history from around zero to over 4%. As we entered 2023, the global economy stood “on a razor’s edge,” the World Bank warned in its latest projections. Add to that a divided Congress with razor-thin majorities, political wrangling over the debt ceiling, and increasingly frequent catastrophic weather events, and it leaves one wondering where we are all headed.

Earth - Climate Change

Can Entrepreneurs Save the Planet?

With a recent report from the United Nations warning that climate change has already begun to cause irreversible damage, experts during the 2022 Kenan Institute Frontiers of Entrepreneurship Conference discussed the role innovation can – and should – be playing to combat these ill effects. This week’s insight explores the topic through Q&A with Dr. Eric Toone, executive managing director and technology lead at Breakthrough Energy Ventures, and Dr. Jacqueline Pless, the Fred Kayne (1960) Career Development Professor of Entrepreneurship at MIT Sloan School of Management.