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.
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).
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.
Topics we cover include (1) the era of ferment occurring as incumbents and entrepreneurial ventures battle to become the dominant electric vehicle platform. (2) how global demand, e.g. from the Chinese market, makes this era of electric vehicle production different from past efforts, (3) the role of regulation and consumer-oriented incentives in driving innovation and (4) the impact of U.S. technology policy (or lack thereof) on the U.S. electric vehicles market.
From the Business Innovation and Climate Change Initiative at Darden’s Batten Institute for Entrepreneurship and Innovation.
Soundbites used by permission of Peppercut Films http://www.whokilledtheelectriccar.com/ and Tesla https://www.tesla.com/. This podcast is Copright 2017, Rector and Visitors of the University of Virginia. All rights reserved.
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.
October 13, 2016
How can universities be a significant engine for economic
growth in their local communities and beyond? In The
Economic Impact of Entrepreneurial Alumni: A Case Study of the University of
Virginia, researchers Michael Lenox, Andrew King and Asif Mehedi from
Darden, along with Batten Fellow Charles Eesley from Stanford, look at the
pathways by which universities help generate economic growth and create jobs.
They examine–based on a survey undertaken in 2013–the entrepreneurial efforts
of U.Va. alumni who have founded new ventures, been one of the first five
employees, served on the governing or advisory board, or provided capital to
the venture. Carefully extrapolated, the responses to the survey suggest that
entrepreneurially active alumni have created approximately 65,000 companies,
2.3 million jobs, and estimated annual global revenues of $1.6 trillion. The
researchers discuss the methodology, data visualization, and
ramifications of their work. Hosted by Erika Herz of Darden’s Batten Institute for Entrepreneurship and
Innovation. For an overview, read the Darden News.
September 1, 2016
What are the best ways to motivate socially-minded entrepreneurs to persevere in their quest to take on the world’s most pressing challenges? Using the tools of decision analysis and certainty equivalents, Darden professor and Batten Fellow Sam Bodily compared various backer financing mechanisms that encourage founders to launch a startup that has unacceptable risk although positive expected payout. These mechanisms include three traditional models: equity, incentive gifts, and insurance against downside loss. He also looked at two new ideas: swap hedges and revenue contracts, calculating the comparative risk-adjusted attractiveness of each mechanism to the entrepreneur for a similar level of expected cost to the backer. These efficient new ideas eliminate moral hazard and leave ownership in the hands of the entrepreneur. Hosted by Erika Herz of Darden’s Batten Institute for Entrepreneurship and Innovation. To learn more, read Darden Ideas to Action.
August 4, 2016
Corporate buyback activity has been a hot topic for investment analysts and market watchers. Companies have bought back trillions of dollars of their own stock since the financial crisis. Is buyback activity propping up the stock market? Are buybacks a function of the broader economic environment? What’s next? Jake DuBois and Frank Coughlin, two Darden Capital Management student leaders spent a semester looking at the academic and industry research to gain a better understanding. A research course from the Mayo Center for Asset Management helped them to explore the topic.