This working paper by Karen Mills examines the small business credit environment during the recession and in the recovery-focused years since, as well as the impact persistent lending gaps may be having on job creation as a whole. Last, Mills takes a look at the dynamic and fast growing online lending market that has ignited since the recession and how the technology and innovation those entities are driving may change how small businesses and entrepreneurs finance their growth in the future.
Mihir Desai, Harvard Business School professor, shares his thoughts on corporate tax reform ahead of Tuesday morning's Senate hearing.
Our nation's competitiveness must be built on regional economies, and because there is no "one-size-fits-all" economic plan, regional leaders must base their strategies around the assets and opportunities that make them unique.
The latest political "cliff" crisis is centered on funding for infrastructure maintenance and upgrades, specifically the Federal Highway Trust Fund. A quarter of American bridges are deemed structurally deficient, rail accidents exacerbate road congestion, mobile networks have variable coverage, and airlines are desperate for next generation air traffic control to reduce delays and fuel burn. America's elected officials must not only put politics aside and work together to invest in infrastructure, they should also modernize their frame of reference for infrastructure, with a focus on mobility.
"We do not take an approach—either at the national level or state level—that creates an ease of communications between employers and educational institutions that are going to impart skills and background to potential employees," said Joe Fuller, a Harvard Business School professor and faculty member of the school's U.S. Competitiveness Project. "This is why we have 12 million to 13 million unemployed people and 650,000 job openings in manufacturing right now."
Released in May 2014, this report focuses on the current state of U.S. education and why this is a unique moment of opportunity for change.
U.S. corporations donate an estimated $3 billion to $4 billion a year to K-12 education. A new report from HBS, BCG, and the Gates Foundation argues that's not enough. A companion piece explores a survey given to more than 1,100 superintendents nationwide.
Most school superintendents in the United States say businesses are positively influencing their districts, but it's usually in a fragmented, "checkbook philanthropy" way, concludes a study and a white paper released February 6 by Harvard Business School, The Boston Consulting Group, and the Bill & Melinda Gates Foundation.
“There is an historic opportunity right now for business and government to work together [to restore U.S. competitiveness].” Professor Porter discusses the eight federal policy priorities that business leaders and policymakers, liberals and conservatives agree will transform America's economic prospects for the better. These include: a sustainable federal budget and corporate tax code reform.
“As long as the United States fails to resolve its longer-term structural challenges, its short-term crises will keep coming back - just like a villain in a bad horror movie - driving a wedge between our aspirations as a nation and our means.” Professor Rivkin discusses the enduring structural issues that beleaguer the United States and its competitiveness.
What can Americans — especially those in the business world — do to increase the ability of U.S. firms to compete successfully in the global economy while raising American living standards?
This is one of the most important and challenging questions facing society today. The Harvard Business School's U.S. Competitiveness Project, led by Professors Michael Porter and Jan Rivkin, will engage some of the world's greatest thinkers to assess U.S. competitiveness and develop actionable recommendations to change America's trajectory.