Michael Lenox

Michael Lenox

Tayloe Murphy Professor of Business Administration
Senior Associate Dean and Chief Strategy Officer

Office

FOB 169

Areas of Expertise

Business Strategy, Innovation & Entrepreneurship, Corporate Venture Capital, Corporate Environmental Sustainability

Education: B.S., M.S., University of Virginia; Ph.D., Massachusetts Institute of Technology

Professor Lenox was appointed to the Tayloe Murphy Professorship in Business Administration at the University of Virginia's Darden School of Business, where he teaches the core MBA strategy course. He also serves as the senior associate dean and chief strategy officer. From 2008 to 2016, he served as associate dean of innovation programs and academic director of Darden's Batten Institute for Entrepreneurship and Innovation. He helped found and served as the inaugural president of the multiple-university Alliance for Research on Corporate Sustainability. Prior to joining Darden in 2008, Professor Lenox was a professor at Duke University's Fuqua School of Business, where he served as the area coordinator for Fuqua's Strategy Area and the faculty director and founder of Duke's Corporate Sustainability Initiative. He received his Ph.D. in technology management and policy from the Massachusetts Institute of Technology in 1999 and the degrees of bachelor and master of science in systems engineering from the University of Virginia. Professor Lenox has served as an assistant professor at New York University's Stern School of Business and as a visiting professor at Stanford University, Harvard University, Oxford University and IMD.

Professor Lenox's research has appeared in over 25 refereed academic publications and has been cited in a number of media outlets including The New York Times, the Financial Times and The Economist. In 2009, he was recognized as a Faculty Pioneer by the Aspen Institute and as the top strategy professor under 40 by the Strategic Management Society. In 2011, he was named one of the top 40 business professors under 40 by Poets & Quants. Professor Lenox's primary expertise is in the domain of technology strategy and policy. He is broadly interested in the role of innovation and entrepreneurship for economic growth and firm competitive success. In particular, he explores the business strategy and public policy drivers of the direction of innovative activity. Professor Lenox also has a long-standing interest in the interface between business strategy and public policy as it relates to the natural environment. Recent work explores firm strategies and non-traditional public policies that have the potential to drive "green" innovation and entrepreneurship.

 

Selected Publications

York, Jeffrey and  Michael Lenox. "Exploring the Socio-Cultural Drivers of De Novo versus De Alio Entry in Emerging Industries,"  Strategic Management Journal,  2013.

Lenox, Michael,  Scott Rockart and Arie Lewin. "Interdependency, Competition, and Industry Dynamics," Reprinted with a new introduction in G. Markman & P. Phan (eds.)  Market Entry, Competitive Dynamics, and Entrepreneurial Market Entry, Edward Edgar Publishing: Cambridge, MA (2012): p. 54-84. (Originally appeared in Management Science, Vol. 53, No. 4, (April 2007), p. 599-615.)

Michael Lenox and Jeffrey York. "Environmental Entrepreneurship," in Oxford Handbook on Business and the Environment, T. Bansal and A. Hoffman (Editors), Oxford University Press: Oxford, UK. 

Michael J. Lenox, Scott F. Rockart, and Arie Y. Lewin. "Does Interdependency Affect Industry Profitability? An Empirical Test," Strategic Management Journal, Vol. 31, No. 2, February 2010, 121-139.

Greg Daneke, Jeremy Hall, and Michael Lenox. "Sustainable Development and Entrepreneurship: Past Contributions and Future Directions," Journal of Business Venturing, Vol. 25, No. 5,  September 2010, 439-448.

Michael J. Lenox and Charles E. Eesley. "Private Environmental Activism and the Selection and Response of Firm Targets," Journal of Economics & Management Strategy, Vol. 18, No. 1,  Spring 2009, 45-73.

 

Selected Books

Lenox, Michael and Jared Harris.  The Strategist's Toolkit. Darden Business Publishing, (2013).

 

Case Studies

Advancing knowledge through research that shapes business, Darden professors are recognized thought leaders in their fields. They are not only master case method teachers, they also author many of the cases used in Darden classrooms and around the world.

Michael Lenox's cases are available in the Darden Business Publishing website.