The current narrative around the U.S. labor market is a mixed bag, with unemployment numbers well above pre-pandemic rates while many companies struggle to fill jobs. In this Kenan Insight Q&A, three experts weigh in on the critical issues behind this dichotomy.
Are the agglomeration economies of technology hubs augmented by a localized market for start-ups – acquisitions, and IPOs? How does this affect the ability of places outside of those hubs to foster digital startups as a tool of local economic development? We study this with a particular focus on acquisitions by the seven largest American digital platforms – Amazon, Alphabet [Google], Apple, Microsoft, Facebook, Oracle and Adobe, which we call, collectively, Big Tech. We cover the years 2001-2020. We show that firms acquired by Big Tech are, disproportionately to the sectors in which they operate, concentrated in major tech clusters, and particularly in the Silicon Valley (San Francisco/San Jose). We argue that the acquisition market – and its effects on both the major tech hubs and the left behind rest – depends crucially on the proprietary control of access to various digital network products. Regulation of these markets, particularly in the form of common carrier status and open standards, could achieve a considerable re-balancing.
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.
Lowe’s CEO Marvin Ellision shared the company's approach to diversity, equity and inclusion following this past summer’s social unrest. In this conversation-style format, Mr. Ellison gave a brief overview of Lowe’s anti-racism statement and reviewed specific actions the company has taken to combat racism and inequality. He shared insights on his hands-on leadership approach and how it impacts his relationships with employees and his success at Lowe’s.
As the Consumer Price Index rises, businesses sound the alarm over supply-chain bottlenecks, and federal stimulus checks spur spending, the chatter around inflation is increasing. In this Kenan Insight, we explore what effect this potential perfect storm for an inflation spike could have on a recovering U.S. economy.
In a recent UNC Kenan-Flagler Business School profile, Dr. Jim Johnson, director of the Kenan Institute-affiliated Urban Investment Strategies Center, talks about his journey to fulfill his mission to make a difference in young lives.
CREATE Executive Director Mark Little and Institute of African American Research Director Karla Slocum have been honored with a UNC Office of the Provost Engaged Scholarship Award for their partnership as co-chairs of Black Communities: A Conference for Collaboration
Join NCGrowth, the North Carolina African American Heritage Commission and the Conservation Trust for North Carolina to explore how economically mindful heritage placemaking is taking shape in Black communities across the country.
The 2020 COVID-fueled economic downturn generated what has been referred to as a "K-shaped" recession, with both big losers (such as restaurants and the hospitality sector) and big winners (such as high tech and online retail). In this Kenan Insight, we explore how a nascent K-shaped recovery will likely affect U.S. businesses and households.
This symposium is brought to you by students at the University of North Carolina at Chapel Hill and North Carolina Central University for a singular purpose, to address inequities in corporate systems and the role we can play as conduits for change.
Join our panel of experts who will share their technological, legal and social expertise to answer the questions raised by the real-world performance of risk assessment instruments.
A recent TechCrunch article describes the new collaboration between the Kenan Institute-affiliated Entrepreneurship Center, Duke University, Stanford University and others to grow and support founder diversity in the tech industry.