Business & Economics
Updates every hour. Last Updated: 14-May-2025 00:10 ET (14-May-2025 04:10 GMT/UTC)
New book ties together an improbably effective career in probability
University of Virginia School of Engineering and Applied ScienceBook Announcement
Parents’ childhood predicts future financial support for children’s education
Penn StatePeer-Reviewed Publication
- Journal
- Journal of Marriage and Family
- Funder
- NIH/National Institute on Aging
Most retail choice offers for electricity don’t save consumers money
Ohio State UniversityPeer-Reviewed Publication
Ohio’s retail choice electricity market – which lets consumers choose which company provides their electric generation service – has provided residential consumers with mostly cost-increasing offers. Researchers found that 72% of the most popular type of retail electricity offers over the past decade have been significantly above the default price consumers would pay if they didn’t shop around.
- Journal
- Journal of Critical Infrastructure Policy
- Funder
- Alfred P. Sloan Foundation
Resource-rich countries still often invest unsustainably
Radboud University NijmegenReports and Proceedings
Countries that earn a lot of money from oil, coal, minerals and other natural capital by no means invest it wisely. A lot of money flows away into corruption and unsustainable investments. Investing more sustainably in education, health and infrastructure would benefit not only current, but also future generations within these countries. Charan van Krevel investigated why things still often go wrong. His PhD defense at Radboud University takes place on 21 December.
Innovative study highlights the transformative impact of accelerator programs on startups worldwide
Strategic Management SocietyA groundbreaking study by Valentina A. Assenova and Raphael Amit of The Wharton School, University of Pennsylvania, reveals that participation in startup accelerator programs significantly boosts post-acceleration performance for ventures. This research, published in the Strategic Management Journal, examines data from over 8,500 startups across 176 countries, providing critical insights into how accelerator program design shapes startup success.
Startup accelerators have become pivotal in fostering entrepreneurial ecosystems globally, offering resources such as seed capital, mentorship, and structured educational programming. The study found that startups participating in accelerators were more likely to raise venture capital, scale their revenue, and expand their workforce compared to those that did not complete these programs. On average, accelerator participation increased startups' revenue and capital-raising capabilities while enhancing their ability to attract top talent through higher wages.
- Journal
- Strategic Management Journal
Inaugural ceremony for KIT’s new president, Jan S. Hesthaven
Karlsruher Institut für Technologie (KIT)Business Announcement
Professor Jan S. Hesthaven has been President of the Karlsruhe Institute of Technology (KIT) since October 1, 2024. Now the official inauguration ceremony has taken place, with over 400 invited guests in attendance. Petra Olschowski, Baden-Württemberg’s Minister of Science, Research and the Arts, and Professor Michael Kaschke, Chairman of the KIT Supervisory Board, presented Hesthaven with the chain of office at the event, which was held in the Audimax at KIT.