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    Invested in Detroit

    April 11, 2018 - Karen Mills leads a discussion between Detroit Mayor Mike Duggan and JPMorgan Chase's President and CEO Jamie Dimon and Head of Corporate Responsibility Peter Scher for a discussion on cross-sector collaboration to drive economic opportunity in... View Details
    • Research Summary

    The State of Small Business Lending: Innovation and Technology and the Implications for Regulation

    By: Karen Mills
    Small businesses were among the hardest hit in the Great Recession, accounting for more than 60% of the total jobs lost. The economic crisis was one focused on the banking sector, which is one reason for the disproportionately high impact on America’s small businesses,... View Details
    • 30 Nov 2016
    • News

    'Fintech' fast-cash loans are like 'wild west' for small businesses

    • 24 Apr 2014
    • News

    Driving economic growth and job creation

    Karen Gordon Mills (AB 1975, MBA 1977) served in President Barack Obama’s cabinet as administrator of the US Small Business Administration, which is focused on economic growth View Details
    • 2024
    • Book

    Fintech, Small Business & the American Dream: How Technology Is Transforming Lending and Shaping a New Era of Small Business Opportunity

    By: Karen G. Mills
    The second edition of Fintech, Small Business & the American Dream, builds on the groundbreaking 2019 book with new insights on how technology and artificial intelligence are transforming small business lending. This ambitious view covers the significance of... View Details
    Keywords: Fintech; AI; AI and Machine Learning; Small Business; Economy; Technology Adoption; Credit; Financing and Loans; Analytics and Data Science
    Related
    • 22 Jan 2019
    • First Look

    New Research and Ideas, January 22, 2019

    experimentation that is required for the initial commercialization and diffusion of technologies. A New Categorization of the U.S. Economy: The Role of Supply Chain Industries in Innovation and Economic... View Details
    Keywords: Dina Gerdeman
    • 22 Nov 2019
    • News

    How Fintech Could Pave the Way To Small Business Utopia

    • 15 Apr 2020
    • News

    Former SBA Head: Fintech Is Key To Aid Small Businesses

    • 01 Jul 2020
    • News

    20-30% of Small Businesses Will Fail Despite PPP

    • 05 Sep 2017
    • News

    Will fintech create a small-business-loan utopia?

    • 30 Apr 2015
    • News

    The 4 Types of Small Businesses, and Why Each One Matters

    • 2014
    • Working Paper

    The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game

    By: Karen G. Mills and Brayden McCarthy
    Small businesses are core to America's economic competitiveness. Not only do they employ half of the nation's private sector workforce—about 120 million people—but since 1995 they have created approximately two-thirds of the net new jobs in our country. Yet in recent... View Details
    Keywords: Small Business; Financing and Loans; United States
    Related
    • 06 Jun 2016
    • News

    What Role Does Government Play in Job Creation?

    • 06 Jun 2014
    • News

    What Role Does Government Play in Job Creation?

    • 09 Mar 2018
    • News

    The Supply Chain Economy and the Future of Good Jobs in America

    • 29 Jan 2017
    • News

    How this bank keeps small-business clients away from online lenders

    • Article

    The Supply Chain Economy: New Policies to Drive Innovation and Jobs

    By: Mercedes Delgado and Karen G. Mills
    The debate in economic policymaking about the drivers of innovation and job creation has long centered on manufacturing versus services. The predominant view is that manufacturing drives innovation, wages, and growth, and that services provide less innovation and... View Details
    Keywords: Supply Chain Industries; Supply Chain; Economy; Policy; Innovation and Invention; Jobs and Positions
    Related
    • 16 Apr 2015
    • News

    Why Larry Summers Thinks Alternative Lending Will Save the World

    • 28 May 2019
    • News

    Alumni and Faculty Books for June 2019

    and Shaping a New Era of Small Business Opportunity by Karen G. Mills (MBA 1977) Palgrave Macmillan Small businesses are the biggest job creators... View Details
    • 01 Mar 2016
    • News

    Alumni and Faculty Books for March 2016

    Scudder and his daughter Roseanne to struggle for the dignity of all people. Doggett Determination: Believing in Yourself to Create Success in Life and Business by Ron E.... View Details