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Released: 27-Apr-2020 3:05 PM EDT
Lally School of Management Receives Grant to Build New Financial Technologies Center
Rensselaer Polytechnic Institute (RPI)

With a recent grant from the National Science Foundation (NSF), planning is underway for a new center that will bring researchers from business, computer science, engineering, and law together with public and private sector representatives for interdisciplinary collaboration around cyber and financial technologies.

Released: 24-Apr-2020 5:55 PM EDT
New toolkit offers mobile produce markets a roadmap for success
University at Buffalo

Toolkit provides step-by-step instructions for starting and running a mobile produce market following the Veggie Van model. It covers topics ranging from getting set up to creating a business model that is financially sustainable.

Released: 24-Apr-2020 1:35 PM EDT
Most firms neglected to include pandemic in annual risk assessments despite warning signs, study shows
University of Notre Dame

The risk of a pandemic was known prior to the current health crisis, yet managers, in disclosing their companies’ risk factors to shareholders in 2018, showed little foresight in terms of the impact and likelihood of a pandemic, according to new research from Notre Dame.

Released: 22-Apr-2020 3:10 PM EDT
‘Rushed’ Drug Development that Aims to Refill Pharma Firms’ Pipelines Is Less Likely to Succeed Because of Inter-organizational Friction
Johns Hopkins University Carey Business School

When a large pharmaceutical company experiences a drug trial failure and then tries to refill its pipeline by licensing a product created by another firm, such a “rushed innovation” is less likely to bring a product to market than one developed under normal, less hurried conditions. That’s because the hastily drawn licensing agreement between the two organizations leads to friction that drags development work to a halt.

     
Released: 22-Apr-2020 12:55 PM EDT
What the Negative Oil Price Says About the Economy
University of Maryland, Robert H. Smith School of Business

The April 12 multinational coalition announcement to slash oil production amid the coronavirus crisis wasn’t enough, says energy economist Charles Olson at the University of Maryland, who describes the implications and dilemma for policymakers and industry leaders.

Released: 22-Apr-2020 8:45 AM EDT
Quick Take: After COVID-19, When Will Las Vegas' Tourists Return?
University of Nevada, Las Vegas (UNLV)

Beginning in 2007 through 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at Lee Business School.

Released: 21-Apr-2020 3:30 PM EDT
University of Utah law professor searches for COVID-19 answers through push to share intellectual property
University of Utah

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.

Released: 21-Apr-2020 2:25 PM EDT
UVA Darden Professors Examine Fed’s Extraordinary Response to Coronavirus Crisis
University of Virginia Darden School of Business

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.

   
Released: 21-Apr-2020 2:10 PM EDT
A Love for Leadership, a ‘Meh’ for Management: Fair?
University of Virginia Darden School of Business

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.

Released: 21-Apr-2020 8:30 AM EDT
Economic recovery after shutdown could take up to three years
International Institute for Applied Systems Analysis (IIASA)

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.

Released: 20-Apr-2020 12:35 PM EDT
COVID-19 U.S. Employment Shocks Likely Larger Than Great Depression
Santa Fe Institute

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.

Released: 17-Apr-2020 1:45 PM EDT
Business-to-business customers expect personal service in online chat
University of Eastern Finland

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.

Released: 16-Apr-2020 4:05 PM EDT
Harris Poll: Most Americans want government intervention to reduce inequality
Lehigh University

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.

Released: 16-Apr-2020 3:05 PM EDT
DePaul University experts available to discuss recovery, life after the COVID-19 pandemic
DePaul University

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?

     
Released: 16-Apr-2020 2:45 PM EDT
UVA Darden Professor Frames 3 Myths of Economic Crises as Global Downturn Lurks
University of Virginia Darden School of Business

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.

   
Released: 16-Apr-2020 2:40 PM EDT
Communications in the Time of the Coronavirus: Lessons for Leaders
University of Virginia Darden School of Business

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.

Released: 16-Apr-2020 2:35 PM EDT
In the Era of the Global Workplace and Dispersed Teams, How Can Managers Promote a Cohesive Culture?
University of Virginia Darden School of Business

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.

Released: 16-Apr-2020 12:55 PM EDT
Expert: Lessons learned from COVID-19 will improve supply chains
Washington University in St. Louis

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.

Released: 14-Apr-2020 1:15 PM EDT
Arduous farm labor in the past means longer working hours today
Oxford University Press

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.

Released: 14-Apr-2020 11:25 AM EDT
Experts: 7 tips for entrepreneurs and small businesses amid COVID-19
University at Buffalo

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.

Released: 13-Apr-2020 11:50 AM EDT
Why are the grocery store shelves empty?
University of Georgia

Agricultural economist explains COVID-19 impact on food markets

Released: 10-Apr-2020 12:40 PM EDT
VIDEO AND TRANSCRIPT AVAILABLE: Newswise Live Expert Panel for April 9, 2020: COVID-19 Updates, Emergency Preparedness, Healthcare Workers, Economic Actions by U.S. Government
Newswise

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?

       
Released: 9-Apr-2020 3:30 PM EDT
Minority-Owned Banks: Doing More with Less
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 3:25 PM EDT
Leading Virtually Is Emotional
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 3:15 PM EDT
Retail Health Clinic Leaders Help Flatten the Curve of COVID-19
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 3:10 PM EDT
Darden Executive Education Expands Digital Offerings to Advance Lifelong Learning Remotely
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 3:10 PM EDT
University of Virginia Press Partners With the Darden School of Business on New Imprint
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 3:05 PM EDT
UVA Darden Grad’s Rhoback Apparel Company Shifts Focus to ‘Victory Mask’ Production
University of Virginia Darden School of Business

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.

Released: 9-Apr-2020 2:50 PM EDT
FSU Experts ready to provide perspective on unprecedented unemployment
Florida State University

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.

   
Released: 9-Apr-2020 1:40 PM EDT
Social media can forecast economic impact of disasters including COVID-19 pandemic
University of Bristol

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.

Released: 9-Apr-2020 1:10 PM EDT
Financial stress higher than normal during pandemic
Creighton University

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.

Released: 8-Apr-2020 11:20 PM EDT
‘Fake News’ Increases Consumer Demands for Corporate Action
North Carolina State University

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.

   


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