A groundbreaking survey of UVA alumni published by the Batten Institute indicates that companies founded or supported by alumni have employed 2.3 million people and generated $1.6 billion in annual global revenue. The Commonwealth of Virginia has been a major beneficiary of this diverse array of enterprises.
How can policymakers influence the direction of entrepreneurial activity? A recent paper by Batten Fellow Jeffrey York and Darden Professor and Batten Institute Academic Director Michael Lenox suggests that economic incentives are not the only tool at their disposal.
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In the i.Lab: RelishMBA, Adding Value to MBA Recruiting For Second Year student Sarah Rumbaugh, the MBA recruiting process led not to a job but to a business idea and an opportunity to develop it in U.Va.'s i.Lab Incubator. Her venture, RelishMBA, improves the recruiting process for students and for companies in search of talent.
