The pledge emerged as a response to reports that intellectual property was emerging as a barrier to research and development of vaccines, diagnostics and therapies for COVID-19, as well as the manufacture and deployment of lifesaving equipment and parts needed to respond to the pandemic.
In a recent webinar hosted by the University of Virginia Darden School of Business and moderated by JP Morgan Private Bank Managing Director Jonathan England (MBA ’06), Professors Frank Warnock and Kinda Hachem outlined the extraordinary measures the Fed has taken to keep key aspects of the economy functioning during the coronavirus crisis, as well as additional tools the central bank may use as the crisis continues.
Leadership and management: synonymous? Nope. Both are associated with defining behaviors, and research shows which are consistently seen more positively. But organizations need both leaders and managers to function. Here’s how to ensure the right people are hired for the right jobs.
Despite measures taken by the Austrian government, the consequences of the COVID-19 lockdown and partial suspension of global trade flows will be felt for a long time.
The U.S. is likely to see a near-term 24% drop in employment, 17% percent drop in wages, and 22% drop in economic activity as a result of the COVID-19 crisis according to a new study. These impacts will be very unevenly distributed, with the bottom quarter of earners at risk of a 42% loss in employment and bearing a 30% share of total wage losses. In contrast, the study estimates the top quarter of earners only risk a 7% drop in employment and an 18% share of wage losses.
For a long time, companies have used cost-effective chat services in their business-to-customer (B2C) sales. Companies engaged in business-to-business (B2B) sales are also increasingly moving their activities online, but their online chat services and customer interaction have not been studied much yet.
A new poll finds that a majority of Americans now say the federal government should actively seek to reduce inequality, amid the worsening economic crisis produced by Covid-19.
Recovery. Reentry. Reopen. Return. A new normal. Faculty experts at DePaul University are available for news media interviews about what comes next — after the COVID-19 pandemic. Does the world return to normal or will there be fundamental changes to how we live our lives, work, and travel; and how we are governed?
While the economic fallout from the global coronavirus outbreak remains nearly impossible to quantify at present given the growing nature of the pandemic, University of Virginia Darden School of Business Professor and Dean Emeritus Bob Bruner suggested historical antecedents may serve as useful guideposts in the months and years ahead.
At a time of uncertainty and growing anxiety caused by the coronavirus pandemic, having transparent, consistent and empathetic communication with key stakeholders is more critical than ever. Darden Professor June West and Darden Executive-in-Residence Steve Soltis share four lessons in communicating through the fast-moving crisis.
How can managers promote consistent ways of working among team members from diverse cultural backgrounds who are based all over the world? And how can leaders help workers develop solid relationships with their colleagues even though they may not meet them regularly — if ever? Darden Professor Yo-Jud Cheng sheds light on those questions.
Because of the worldwide havoc caused by coronavirus, supply chains have become a crucial new focus of the global economy. Along with health care providers, workers in logistics and transportation have emerged among the people essential to sustaining life through the pandemic.As a result, a Washington University in St. Louis expert foresees permanent changes ahead to guard against massive stresses on supply chains and better ensure their workers’ safety.
A new study in The Economic Journal finds that societies with a history of farming crops heavily reliant on labor effort prefer harder work and longer hours.
Small businesses are the lifeblood of a community, but due to the impact of the coronavirus, they’re shuttering in enormous numbers. University at Buffalo School of Management experts share their insights to help entrepreneurs and local businesses ride out the storm.
Agricultural economist explains COVID-19 impact on food markets
As the COVID crisis continues to test the capacity of the healthcare system, what interventions are necessary to turn the tide of new infections, will the relief package have an impact, and how will a prolonged shutdown affect our economy?
Minority-owned banks offer a valuable function in providing equitable support to minority communities and small-businesses. While they receive some government benefits, they also receive criticism for the support and a perception they’re “risky.” Is that criticism founded? Research analyzes actual outputs and inputs.
The science of collective intelligence is clear: a positive emotional state enables the highest levels of performance. How do we reach that in the midst of social distancing and the anxiety the COVID-19 pandemic breeds? Here: practical steps to create a positive virtual working environment and daily practices to foster emotional connection.
The actions taken by retail health clinics — small primary care clinics located within retail outlets like Walmart’s Care Clinics or CVS’ MinuteClinic — will have a significant impact on public safety, and their actions may prevent the COVID-19 pandemic from overwhelming the U.S. health care system. Darden Professor Dennie Kim explains.
Rapid strategic pivots due to the coronavirus pandemic, digital disruption at massive scale and increasingly global, complex organizations — the need for lifelong learning to advance leadership capabilities and technical skills has never been greater.
University of Virginia Press and the University of Virginia Darden School of Business have announced a publishing partnership to launch UVA Darden Business Publishing, an imprint of the University of Virginia Press. Through the partnership, UVA Press will publish books in print and digital editions under the auspices and imprint of the business school.
Rhoback, the line of stylish activewear owned and operated by University of Virginia Darden School of Business alumni Matt (MBA ’16) and Kristina Loftus (MBA ’17), has temporarily shifted much of its production from performance polo shirts, Q-Zip pullovers and performance t-shirts to face masks intended to stop the transmission of the novel coronavirus, known as COVID-19.
By: Mark Blackwell Thomas | Published: April 9, 2020 | 2:35 pm | SHARE: As the impact of the COVID-19 grows, the U.S. labor market has been especially hard hit. With an estimated 15 million Americans filing for unemployment benefits in the past three weeks, the rate of job loss in the nation is unprecedented. Unemployment claims are expected to surge as the pandemic continues and millions of laid-off Americans are wondering if their jobs are ever coming back.
Social media should be used to chart the economic impact and recovery of businesses in countries affected by the COVID-19 pandemic, according to new research published in Nature Communications.
Most people weren't prepared for a financial emergency before the pandemic hit. Financial success expert offers tips on how to alleviate financial stress now.
New research finds that “fake news” inspires consumers to demand corrective action from companies – even if the company is a victim of the fake news story. The study also supports the idea that most people feel they are better at detecting fake news than other people are.
There’s no doubt the COVID-19 pandemic has put the United States into a recession, says an economist who is the associate dean of the College of Business at The University of Alabama in Huntsville (UAH), so now the question on everyone’s mind is when business will get back to normal.
Faculty, students and staff at Cornell Law School are responding to the coronavirus pandemic by giving businesses and workers in central New York legal assistance.
Sandia National Laboratories has announced a new, fast-track licensing program to rapidly deploy technology to a marketplace reeling from the effects of COVID-19. The move is designed to support businesses facing widespread, often technical challenges resulting from the pandemic.
As students prepare to graduate this May into a reeling economy and an uncertain employment climate due to the COVID-19 pandemic, many companies have turned to technology to keep recruitment and business afloat.
Hospitals can prepare for a surge of patients critically ill with COVID-19, but it will require hospital leaders, practitioners and regional officials to adopt drastic measures that challenge the standard way of providing care, according to a new RAND Corporation report.
in response to the Covid-19 pandemic, the University of Maryland’s Robert H. Smith School of Business has implemented a GMAT/GRE waiver process for full-time MBA applications for fall 2020.
Weizmann Institute scientists present a mathematical model for an exit strategy: how to restart the economy after the crisis
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