News Room

Crowdfunding mobilizes $1.3 billion for innovation funding annually and that amount is projected to more than double in the next five years. Platforms like Kickstarter and Indiegogo have not only broadened access to funding for companies that might struggle in the capital markets, but have also transformed the way companies connect with consumers during product development, replacing focus groups with real customers who have a stake in the final product.

The disruption caused by the collapse of the Francis Scott Key Bridge in Baltimore will be mitigated by improvements made to supply chains in recent years, according to Tinglong Dai, a professor of operations management and business analytics at the Johns Hopkins Carey Business School.

Early Tuesday morning, the cargo vessel Dali smashed into the Francis Scott Key Bridge in Baltimore, triggering a deadly collapse. Six construction workers who were filling potholes on the bridge at the time of the accident are presumed dead, and the incident has the engineering community on high alert as it strives to prevent future tragedies.

The economic impact of the collapse of the Francis Scott Key Bridge in Baltimore – which left six dead and one seriously injured – will be hefty.