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Market-Based Solutions to Vital Economic Issues


Kenan Institute 2023 Grand Challenge: Workforce Disrupted
Market-Based Solutions to Vital Economic Issues



This paper explores the ups and downs of innovation and productivity growth in the US economy and potential connections to the ups and downs of business dynamism and entrepreneurship over the last few decades.

Angelica Leigh, assistant professor of management and organizations at Duke University Fuqua School of Business and 2023 Kenan Institute Distinguished Fellow, defines the characteristics of mega-threats and their potential effects on the workplace.

Join the Center for the Business of Health for sessions including the rising price of drugs, the influence of consolidation on healthcare prices and costs, and the AI boom and reducing healthcare prices. Meals are included for in-person attendees.

The increasing demand for electric cars is creating new opportunities for jobs and innovation in new locations, but there are differing views of the potential effect on overall auto sector jobs.

Kenan Institute Distinguished Fellow Angelica Leigh, assistant professor of management and organizations at Duke University Fuqua School of Business, explored the effect of societal events, or “mega-threats,” on employees and employers in a talk Sept. 20.

UNC Kenan-Flagler Business School's Kenan Institute of Private Enterprise will launch the Luther Hodges Scholars program in fall 2023, thanks to a naming gift from Carolina alumnus Luther Hodges.

Stanford Institute for Economic Policy Research (SIEPR) Policy Fellow - and former Chief Economist of General Motors - Elaine Buckberg outlines how electric vehicles can save the economy as well as the environment.

We review the accounting literature on innovation, focusing on the attributes of innovation that collectively make it unique from other resources: novelty, nonrivalry, and partial excludability. These unique attributes help innovation drive economic growth but create information-based challenges that accounting researchers are well-suited to address. We discuss the definition and measurement of innovation, then review the accounting literatures on the disclosure, management, financial reporting, taxation, and contracting and financing of innovation. For each of these literatures we identify challenges and opportunities for future research.

When a business model innovation (BMI) appears, incumbent firms experience great uncertainty about its potential ramifications and their capacity to assimilate the new business model. To resolve such uncertainty, incumbents seek to learn from industry peers, which can spark organizational herding. Organizational herding in BMI contexts is distinct, relative to product/technology adoption contexts, because in addition to peer behaviors, incumbents actively attempt to evaluate peer outcomes, and the importance of peer behaviors and outcomes likely vary, both over time and across types of peers.

The Kenan Institute and UNC Kenan-Flagler Business School’s inaugural Conference on Market-Based Solutions for Reducing Wealth Inequality on June 1-2 highlighted research on market mechanisms that might also work to ameliorate inequality.

Mohammad Hossein Jarrahi of the UNC School of Information and Library Science explores the competitive and cooperative skills that organizations will seek in both their employees and their artificial intelligence systems for Harvard Business Review.

Kenan Institute Distinguished Fellow John Haltiwanger of the University of Maryland talks about why the Hollywood story of rising from the mailroom to the boardroom is less likely to happen now.