Darden BusinessCasts
Research and Relevance, Episode 13: The Role of Accelerators in Fostering New Ventures’ Success

Research and Relevance, Episode 13: The Role of Accelerators in Fostering New Ventures’ Success

August 30, 2019

As accelerator programs proliferate, entrepreneurship scholars like Batten Research Fellow Siobhan O’Mahony are attempting to understand the role they play in new ventures’ success. Dr. O’Mahony and her colleagues found great differences in the degree to which entrepreneurs take advantage of an accelerator’s resources and connections. Entrepreneurs also varied in their openness to integrating critical market feedback, which offers important lessons for directors of accelerators seeking the best model for supporting a cohort of founders. Dr. O’Mahony is the Feld Family Professor of Innovation and Entrepreneurship in the Department of Strategy and Innovation at Boston University’s Questrom School of Business.

 Hosted by Erika Herz, Director of Research and Intellectual Capital at Darden’s Batten Institute for Entrepreneurship and Innovation.

Research and Relevance, Episode 12: The Entrepreneurial Pivot Necessary for Success

Research and Relevance, Episode 12: The Entrepreneurial Pivot Necessary for Success

June 17, 2019

The entrepreneurial pivot is a term popularized by entrepreneurs Steve Blank and Eric Ries, particularly through Ries’ well-known book The Lean Startup, and represents a company’s re-orientation of strategic direction. Batten Research Fellow Siobhan O’Mahony discusses her study of early-stage energy and cleantech hardware firms in the Boston area to better understand their pivots. Dr. O’Mahony unexpectedly found that a pivot is not just a one-time occurrence but a cumulative set of decisions made over time, based on critical information drawn from customers and other stakeholders. The research has important lessons for aspiring entrepreneurs who need to engage with their potential markets early, adapt to new information, or even exit. Dr. O’Mahony is the Feld Family Professor of Innovation and Entrepreneurship in the Department of Strategy and Innovation at Boston University’s Questrom School of Business.

Hosted by Erika Herz, Director of Research and Intellectual Capital at Darden’s Batten Institute for Entrepreneurship and Innovation. Read more about the entrepreneurial pivot here.

Research and Relevance, Episode 11: Decarbonizing the Agriculture Industry

Research and Relevance, Episode 11: Decarbonizing the Agriculture Industry

June 5, 2019

Scientists assert that global warming must be kept below two degrees Celsius to avoid insurmountable global disruption. Getting there will require near total decarbonization of economic activity by 2060. Agriculture accounts for a significant amount of GHG emissions worldwide but is also the one sector being hit the hardest by a changing climate. As the global population continues to grow – an additional 2 billion people predicted by 2050  – industry stakeholders are working diligently on technology solutions that will increase productivity while reducing carbon footprint.

We take a closer look at the two largest sources of GHG emissions – livestock farming and soil management – and explore the best practices and technologies that support carbon-smart farming.  We'll then discuss the levers and opportunities in more detail with Darden Professor Mike Lenox, who is a co-author on the forthcoming report titled Path to 2060: Decarbonizing the Agriculture Industry.

We would like to thank Dominion Energy’s Ryan Childress, Beanstalk Farm’s Jack and Michael Ross, and UVA Professor James Galloway for their contributions to this podcast, which also includes insights from the March 2019 World Agri-tech Innovation Summit.

This is the fourth in a series of podcasts from the Business Innovation and Climate Change Initiative at Darden’s Batten Institute for Entrepreneurship and Innovation http://www.darden.virginia.edu/innovation-climate/. Episodes 5, 7, and 10 of Research and Relevance discussed automobiles, electric utilities, and industrials.

Podcast hosted by Becky Duff, Senior Research Associate for the Business Innovation and Climate Change Initiative, Batten Institute for Entrepreneurship and Innovation.

Research and Relevance, Episode 10: Decarbonizing the Industrial Manufacturing Sector

Research and Relevance, Episode 10: Decarbonizing the Industrial Manufacturing Sector

November 30, 2018

Scientists assert that global warming must be kept below two degrees Celsius to avoid insurmountable global disruption. Getting there will require near total decarbonization of economic activity by 2060. Industrial manufacturing accounts for a significant amount of greenhouse gas emissions in the U.S. and worldwide.  Efforts to reduce energy consumption through more efficient operations have greatly reduced emissions but more innovation and investment is needed to decarbonize this critical sector.  What levers could be pulled to facilitate a more rapid transition to low-carbon manufacturing? 

 We focus on the three largest emitters of CO2 – steel, cement, and petrochemicals – and explore some of the ideas and technologies best positioned to decarbonize these industries, and the challenges faced for broader adoption. We then discuss the levers and opportunities in the industrial sector with Darden Professor Mike Lenox, who is a co-author on the report titled Path to 2060: Decarbonizing the Industrial Sector.

 This is the third in a series of podcasts from the Business Innovation and Climate Change Initiative at Darden’s Batten Institute for Entrepreneurship and Innovation http://www.darden.virginia.edu/innovation-climate/. Episodes 5 and 7 of Research and Relevance discusses the automobile and electric utility industries.

Podcast hosted by Becky Duff, Senior Research Associate for the Business Innovation and Climate Change Initiative, Batten Institute for Entrepreneurship and Innovation.

Research and Relevance, Episode 9: Testing the Locust Hypothesis, Part 2: The Global Corporate Patent Dataset

Research and Relevance, Episode 9: Testing the Locust Hypothesis, Part 2: The Global Corporate Patent Dataset

November 28, 2018

In our discussion with economists Pedro Matos and Jan Bena we explore their research on the impact of foreign investment on corporate innovation, as measured by number of patents. They describe the global corporate patent dataset they created, which is hosted by the Batten Institute for Entrepreneurship and Innovation and available for use by any scholars around the world who seek to better understand innovation outcomes. Matos and Bena share why this resource is novel and useful for researchers who have experienced limitations with earlier patent datasets. Hosted by Erika Herz from the Batten Institute.

Research and Relevance, Episode 8: Testing the Locust Hypothesis, Part 1: The Impact of Global Investors on Long-Term Investment and Innovation

Research and Relevance, Episode 8: Testing the Locust Hypothesis, Part 1: The Impact of Global Investors on Long-Term Investment and Innovation

November 28, 2018

As the world economy has become increasingly globalized and complex, it's not obvious what effects foreign investors have on the companies whose stock they hold. Is it possible that these foreign investors provide pools of capital that firms can access in order to produce stronger companies, or do global institutional investors behave more like a swarm of locusts, resulting in short-term corporate policy making such as reduction in capital expenditures?  We discuss these questions and implications for corporate leaders with Pedro Matos, Darden finance professor and faculty director of the Mayo Center for Asset Management, and Jan Bena, professor at the University of British Colombia Sauder School of Business and a Batten Research Fellow. Matos and Bena are co-authors of the briefing,Testing "The Locust Hypothesis": The Impact of Global Investors on Long-Term Investment & Innovation. Hosted by Erika Herz from Darden’s Batten Institute for Entrepreneurship and Innovation.

Research and Relevance, Episode 7: Decarbonizing the Electric Utility Industry

Research and Relevance, Episode 7: Decarbonizing the Electric Utility Industry

April 18, 2018

Scientists assert that global warming must be kept below two degrees Celsius to avoid insurmountable global disruption. Getting there will require near total decarbonization of economic activity by 2060. Electricity generation accounts for a significant amount of greenhouse gas emissions in the U.S. and worldwide. Electric grids around the world are being decarbonized but a complete shift to 100% clean energy will likely take longer than 40 years. What will facilitate the transition and what threatens progress? 

Let's begin by reviewing four zero-carbon emission generation sources and technologies that could lead us into the clean energy future – hydropower, nuclear energy, wind, and solar. We'll then discuss the levers and opportunities for solar and wind adoption with Devin Welch, Sun Tribe Solar, Erik Haug, Apex Clean Energy and Darden Professor Mike Lenox, who is a co-author on the forthcoming report titled Path to 2060: Decarbonizing the Electric Utility Industry.

This is the second in a series of podcasts from the Business Innovation and Climate Change Initiative at Darden’s Batten Institute for Entrepreneurship and Innovation http://www.darden.virginia.edu/innovation-climate/. Episode 5 of Research and Relevance discussed the automobile industry.

Sun Tribe Solar: www.suntribesolar.com

Apex Clean Energy: www.apexcleanenergy.com

Podcast hosted by Becky Duff, Lead Researcher for the Business Innovation and Climate Change Initiative, Batten Institute for Entrepreneurship and Innovation.

Research and Relevance, Episode 6: Declining Business Dynamism and Entrepreneurship in the U.S.: Behind the Numbers

Research and Relevance, Episode 6: Declining Business Dynamism and Entrepreneurship in the U.S.: Behind the Numbers

March 7, 2018

Why has the rate of U.S. entrepreneurship been on a steady decline for the past decade and what does it mean for the U.S. economy? Sean Carr, Ph.D., Executive Director of Darden’s Batten Institute for Entrepreneurship and Innovation speaks with Prof. John Haltiwanger from the University of Maryland and the National Bureau of Economic Research (NBER), whose research has played a major role in our understanding the determinants of firm-level job creation, job destruction, firm dynamics and economic performance. He has published more than 100 academic articles and numerous books including Job Creation and Destruction (with Steven Davis and Scott Schuh, MIT Press).

Research and Relevance, Episode 5: Decarbonizing the Automobile Industry

Research and Relevance, Episode 5: Decarbonizing the Automobile Industry

November 28, 2017

Scientists assert that global warming must be kept below two degrees Celsius to avoid insurmountable global disruption. Getting there will require near total decarbonization of economic activity by 2060. Transportation accounts for a quarter of GHG emissions in the U.S. but with the help of electric technologies we believe that we can decarbonize the passenger car sector by this deadline. The first part of the podcast tells the story of the electric car and the market conditions and innovations that have paved the way for electric cars today. We then follow the story with an interview with Darden Professor Mike Lenox (https://ideas.darden.virginia.edu/authors/michael-lenox/), an expert in business innovation and strategy and co-author on the report titled Path to 2060: Decarbonization of the Automobile Industry.

 

Research and Relevance, Episode 4: Visualizing the Startup Genome

Research and Relevance, Episode 4: Visualizing the Startup Genome

January 24, 2017

What makes startups successful? Professors Raul Chao from Darden and Batten Fellow Rahul Basole from Georgia Tech discuss their research project, Visualizing the Startup Genome. This study brings together innovation science and computational toolkits to understand how the core elements of startup activities such as recruitment and financing, as well as the sequence of these events, relate to performance. Their project analyzes structured and unstructured data, as well as other forms of data such as images and video, to gain insights useful for innovation leaders. They also discuss the importance of data visualization for effective communication with a variety of stakeholders. Hosted by Erika Herz from Darden’s Batten Institute for Entrepreneurship and Innovation.