Batten Grant Recipients

2011-12 Grant Recipients

Project: Tolerance for Failure and the Incentives for Collaborative Innovation

Principal: Raul Chao, Darden School
Co-applicant: Jeremy Hutchison-Krupat, Georgia Institute of Technology

Summary: Experimental research on the effect of an organization's tolerance for failure on the set of projects the firm undertakes, the incentives offered to members of a collaborative team, and the effort of those team members.


Project: Complexity, Instability, and Innovation Portfolio Management

Principal: Raul Chao, Darden School
Co-applicant: Elena Loutskina, Darden School

Summary: An empirical study of how organizational complexity and internal financial constraints affect the balance in a firm's innovation portfolio of projects that exploit existing technologies and those that explore new opportunities.


Project: Planning for the planning fallacy: Causes and solutions for unrealistic expectations about project delivery in research and development and new product development projects

Principal:Yael Grushka-Cockayne, Darden School
Co-applicants: Daniel Read, Warwick Business School; Bert De Reyck, University College London

Summary: A study to explore the general causes of time and cost overruns in R&D and new-product-development projects and to develop a method, in the form of a project classification scheme, for producing more-accurate project forecasts.


Project: Micro-Foundations of Scientific Achievement

Principal: Drew Hess, McIntire School of Commerce
Co-applicant: Tom Bateman, McIntire School of Commerce

Summary: An analysis of the key characteristics that drive the productivity and innovative behavior of scientific researchers.

Project: Darden Growth Innovation Model; Darden Private Growth Research; Smart Growth: Humanizing the U.S. Public Capital Markets

Principal: Ed Hess, Darden School

Summary: Ongoing research and development of models to describe growth in public and private companies and entrepreneurial start-ups; an exploration of how short-termism in the U.S. capital markets inhibits growth and innovation.


Project: Migrant Entrepreneurs, Remittances and Venture Capital in Emerging Markets

Principal: David Leblang, College of Arts and Sciences

Summary: The development and testing of a theoretical framework for understanding how people from developing countries working abroad may significantly enhance new business funding, founding, and internationalization in their home countries.


Project: Virginia Entrepreneurial Alumni Survey

Principal: Mike Lenox, Darden School
Co-applicants: Andrew King, Batten Researcher and PhD Student; Chuck Eesley, Stanford University

Summary: A survey of UVA alumni to investigate the impact of alumni entrepreneurial activity on the economy of Virginia; collaboration with other universities to study what drives alumni to pursue entrepreneurial ventures.


Project: Policy Drivers of the Direction of Innovative Activity: An Examination of the Role of Tax Credits in Driving Green Innovation

Principal: Mike Lenox, Darden School
Co-applicant: Mary Margaret Frank, Darden School

Summary: An examination of the conditions under which public policy mechanisms influence the direction of innovation activity—in particular, the role of tax credits for "green technology" such as renewable energy in increasing green innovation and entrepreneurship.


Project: Understanding the Physics of Growth: Building a Growth System

Principal: Jeanne Liedtka, Darden School
Co-applicant: Ed Hess, Darden School

Summary: The writing of a book that integrates the researchers' work on organic growth and innovation, from the perspective of organizations and individual leaders.


Project: The Political Economy of International Venture Capital and Private Equity

Principal: Sonal Pandya, College of Arts and Sciences

Summary: An examination of the political factors, such as asset expropriation and equity ownership regulations, that constrain venture capital and private equity investment in emerging markets.


Project: The Equity Project

Principal: Saras Sarasvathy, Darden School
Co-applicants: William Forster, LeHigh University; plus additional collaborators and advisors / partners

Summary: An investigation of equity splits in new and growing ventures, including case studies to develop a history of equity, a study of legal issues connected with equity in various countries, and a survey of contemporary issues related to equity splits in the United States, India, and selected EU countries.


Project: SEA / DREAM

Principal: Saras Sarasvathy, Darden School

Summary: An exploration of a novel and creative way in which product and service firms can use remanufactured versions of their existing products to enhance their product lines.


Project: Experimental Tests of Creativity and Incentives in Intellectual Property

Principal: Christopher Sprigman, School of Law
Co-applicant: Christopher J. Buccafusco, Chicago-Kent College of Law

Experimental research on the relative value of incentives for creative output and the effects of IP law on innovation and the creative process. 

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