A new study finds that state borders matter when it comes to developing innovative businesses. According to the study, states with abundant venture capital, government financing, and robust research universities see a 16-fold increase in product innovation over states that are weak in all three.
A University of Arkansas finance professor and his colleague at Purdue University found that some private equity firms, despite their reputation as job destroyers, increased employment following a buyout. Most of these firms had political connections, and the jobs they created or retained after buyouts were concentrated during election years in swing states or states that the researchers identified as having “high corruption.”
Bank lending to small businesses, a major contributor to local economies and job creation around the country, is still depressed several years after the end of the U.S. financial crisis that started in 2008, according to a new FAU study.
If you shop online or swipe a credit or debit card when out to eat, you’ve likely received a notice your personal information was compromised in a data breach. And if you’re like most consumers, chances are you did nothing in response, says an Iowa State University researcher.
The greater the proportion of local banks in a nonmetropolitan area, the better the chances that a conventional business loan helped start or expand a business, according to a Baylor University study. The finding suggests that a locally oriented financial sector should boost such a community’s well-being.
Arizona State University and Dash, a top digital currency for payments, today announced a partnership designed to accelerate research, development, and education in ways that advance blockchain transaction speed, efficiency, security, and expand its uses.
As economists float the proposal to give every newborn in the United States a “baby bond” account with between $500 to $50,000 in cash, Michael Sherraden, director of the Center for Social Development (CSD), says a solution already exists — Child Development Accounts, a policy concept first proposed in his groundbreaking 1991 book, “Assets and the Poor.
Los Alamos National Laboratory's efforts to stimulate new business growth, strengthen existing companies, create jobs and contribute to a diverse economy in northern New Mexico's communities saw notable progress across the board in 2017.
Asthma costs the U.S. economy more than $80 billion annually in medical expenses, missed work and school days and deaths, according to new research published online in the Annals of the American Thoracic Society.
If you own Bitcoin or want to invest in the mercurial digital currency, which soared to more than $19,000 before plunging in value, watch out, a Rutgers University–New Brunswick professor says. Security and privacy issues, not to mention the possibility of a Bitcoin market crash, should give you pause for concern, according to Janne Lindqvist, an assistant professor in the Department of Electrical and Computer Engineering in the School of Engineering.
The earned income tax credit may be one of the most effective pro-work, anti-poverty mechanisms the United States has instituted. Proposed expansions of it generally cite extensive research that focuses only on its short-term benefits. But a new study from the University of California, Irvine suggests that a more generous EITC would also boost women’s earnings over the course of their working lives.
This is the sequel to last month’s piece on corporate innovation: “Corporate Innovation: How to Find the Next Big Thing,” which explores how corporations can systematically identify innovative new ideas to drive organic growth. Here we’ll walk through funding and executing your innovation ideas.
Peter M. Scott III was elected chair of RTI’s board of governors on December 13 during the Institute’s annual election of corporate governors and officers.
When an executive fails to turn a profit yet still gets a rich payout, it’s certain to raise eyebrows—and possibly trigger a backlash from shareholders wary of corporate excess. Yet in an age when companies must innovate to survive, it may be necessary to reward corporate leaders in spite of failure.
“The forest industry is one of the largest agricultural commodity groups in Florida in terms of total economic contributions, similar in size to environmental horticulture,” said Christa Court, a UF/IFAS assistant scientist in food and resource economics and a co-author of the report.
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