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TRANSCRIPT
UVA-MOD-0157Y Rev. Nov. 5, 2013
This syllabus was prepared by Andrea Larson of the Darden Graduate School of Business Administration at the
University of Virginia. Copyright 2011 by the University of Virginia Darden School Foundation, Charlottesville,
VA. All rights reserved. To order copies, send an e-mail to [email protected]. No part of this
publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by
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School Foundation.
SUSTAINABILITY, INNOVATION, AND ENTREPRENEURSHIP
GBUS 8060
Syllabus
Course Description
The purpose of this course is to provide
students with practical information on the growing
frontier of innovation and entrepreneurial activity at
the nexus of business and natural systems. The term
sustainable business refers to competitively
advantageous strategies and practices that firms adopt
to grow revenues, cut costs, improve market share,
enhance brands, and redesign products and processes
to reduce or eliminate adverse environmental and
health impacts. Students will study the trends and
science driving growing demand for clean technology
and lifecycle product designs. Students will look at the
drivers of corporate innovation, strategic shifts, and
new markets; learn skills to identify market
opportunities; and understand the tools, concepts, and
frameworks used by companies currently pursuing
sustainable business opportunities. Through the use of
articles, technical notes, cases, and guests, the course
examines company strategies and practices while
providing history and frameworks for context and comprehension.
About Darden School of Business
Course Syllabi
The Darden Graduate School of
Business Administration is regularly
recognized as having one of the
world’s premier teaching faculties
within business education. Darden
Business Publishing is pleased to
provide current Darden course syllabi
for verified faculty members. They
provide instructors with context as to
how cases used in a particular sequence
achieve the learning outcomes of the
teaching teams at the Darden School.
Use the modules in these course syllabi
as a reference for updating the case
materials within your school’s
programs.
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Course Objectives
Provide information, frameworks, and tools for identifying and pursuing sustainable
business opportunities
Inform students of the changing dynamics of nature–human interdependencies globally
Examine examples of innovators implementing successful green strategies
Course Instructor
Darden Course Instructor Cases by This Author
Andrea Larson Larson cases
Course Outline
Class Materials Topic
“The Business Case for Environmental Sustainability” (UVA-MOD-0157)
1 “Nike: Moving Down the Sustainability Track Through Chemical
Substitution and Waste Reduction” (UVA-ENT-0098)
New Conditions,
New Opportunities
“The New Strategic Frontier: Environment, Sustainability, and
Entrepreneurial Innovation” (UVA-ENT-0041)
“Human Domination of Earth’s Ecosystems” by P. Vitousek, H. Mooney, J.
Lubchenco, and J. Melillo, Science 277 (July 1997)
Book: Drucker, P., Innovation and Entrepreneurship (New York:
HarperBusiness, 2006)
Book: Hawken, P., The Ecology of Commerce: A Declaration of
Sustainability (New York: HarperBusiness, 2010).
Book: Braungart, M. and W. McDonough, Cradle to Cradle: Remaking the
Way We Make Things (New York: North Point Press, 2002)
2 “Coastwide Labs: Product and Strategy Redesign in Commercial Cleaning
Products” (UVA-ENT-0096)
Challenges of an
Anthropogenic
Earth
Book: The Ecology of Commerce: A Declaration of Sustainability, preface
and chapters 1–4
“Tragedy of the Commons” by Garrett Hardin, Science 13 (December
1968)
3 “Walden Paddlers” (UVA-ENT-0027) Entrepreneurship
and the Innovation
Process
“An Overview of the Historical Context for Sustainable Business in the
United States, 1960–2000” (UVA-ENT-0034)
4 “Walden Paddlers” (UVA-ENT-0027) (continued) Frameworks,
Tools, Supply
Chains
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“Green Supply Chains” (UVA-ENT-0136)
“The Path to Sustainable Business: Environmental Frameworks, Practices,
and Related Tools” (UVA-ENT-0033)
“The Natural Step” (UVA-ENT-0039)
Graedel, T. and Allenby, B., Industrial Ecology (AT&T/Pearson Education,
2002), chapters 1–2
“Real Estate and Building Design” (UVA-MOD-0158)
5 “Frito-Lay North America: The Making of a Net-Zero Snack Chip” (UVA-
ENT-0112)
Off-Grid
Facilities
“Corporate Greenhouse Gas Accounting: Carbon Footprint Analysis” (UVA-
ENT-0113)
6 “East West Partners: Sustainable Business Strategy in Real Estate and Ski
Resorts” (UVA-ENT-0093)
Real Estate,
Resorts,
Ecosystem
Services
Markets
Aspen Skiing Company’s Testimony before the U.S. House of
Representatives, Committee on Natural Resources, Subcommittee on Energy
and Mineral Resources, Oversight Hearing: “Toward Climate Change on
Public Lands” comments on March 15, 2007, by Auden Schendler, Aspen
Skiing Company
“Greening the Piste” by D. C. Smith, Refocus (November/December 2004):
28–30
Guests: Aaron Revere, Darden MBA, formerly Director, EWP
Sustainability Program, now Director of Real Estate, Tredegar
Corporation/Falling Springs, Richmond, VA; and James Parker, Darden
MBA, Manager, Tredegar/Falling Springs
Visit these websites to obtain a basic understanding of markets for
ecosystem services; also visit Falling Springs site
Links: Falling Springs
http://www.ecosystemmarketplace.com/pages/dynamic/web.page.php?page_
name=e_markets_intro§ion=about_us
http://www.ducks.org/Conservation/EcoAssets/1311/EcologicalServices.html
http://en.wikipedia.org/wiki/Ecological_goods_and_services
http://en.wikipedia.org/wiki/Market-based_instruments
7 “Method: Entrepreneurial Innovation, Health, Environment, and Sustainable
Business Design” (UVA-ENT-0099)
Health, Healthy
Homes, and
CPG Innovation
“Method Products: Sustainability Innovation as Entrepreneurial Strategy”
(UVA-ENT-0159)
“B Corporation: A New Sustainable Business Model” (UVA-ENT-0155)
“Environmental Health: Chemicals in Breast Milk” (UVA-ENT-0078)
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“Toxic Chemicals: Responding to Challenges and Opportunities” (UVA-
ENT-0043)
Guests: Drummond Lawson, Director, Sustainability Strategy, Method; and
Josh Handy, Sr. Director of Industrial Design, Method
8 “Project FROG: Sustainability and Innovation in Building Design” (UVA-
ENT-0158)
Green Buildings
“Rating Environmental Performance in the Building Industry: Leadership in
Energy and Environmental Design (LEED)” (UVA-ENT-0053)
Book: Innovation and Entrepreneurship, chapter 2
Guest: Mark Miller, Founder and Board Member, Project FROG
“Environmental Sustainability as Corporate Strategy” (UVA-MOD-0159)
9 Guest: Will Teichman, Darden MBA, Office of Environmental
Sustainability, Target Corporation
Sustainability
Strategy at
Target Corp.
Corporate Responsibility Website
“Look Who’s Stalking Wal-Mart,” BusinessWeek
“Target Puts Recycling Bins in all Its Stores,” Reuters
“Target Discontinues the Sale of Famed Salmon,” Greenpeace.org/News
“Target, CVS Put Plastic Bags in the Bull’s Eye, Pay for Reusables,” USA
Today.com/Money
“Why Sustainability Is Now the Key Driver of Innovation” (HBR article)
10 “REI: Sustainability Strategy and Innovation in the Outdoor Gear and
Apparel Industry” (UVA-ENT-0162)
Sustainability
Strategy at REI
Kevin Hagen Interview
Guests: Kevin Hagen, Director of Corporate Social Responsibility, REI; and
Kirk Myers, Corporate Social Responsibility Manager, REI
“Innovations in Materials and Energy” (UVA-MOD-0160)
11 “Meeting the Challenges to Sustainability Through Green Chemistry” by P.
Anastas, Green Chemistry 5 (April 2003)
Green Chemistry
& Materials
Innovation
Anastas, P. and Warner, J., Green Chemistry: Theory and Practice (New
York: Oxford University Press, 2000), pp. 1–55
“Green Engineering and Sustainability” by P. Anastas, Environmental
Science & Technology 37 (December 2003)
“Lifecycle Approaches for Assessing Green Chemistry Technologies” by R.
Lankey and P. Anastas, Industrial Engineering & Chemical Research 41
(2002)
WarnerBabcock Institute website
Guests: Dr. John Warner, Founder/President and Chief Technology Officer,
Warner Babcock Institute; Dr. Amy Cannon, Founder/Executive Director,
Beyond Benign Foundation
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12 “Natureworks: Green Chemistry’s Contribution to Biotechnology,
Innovation, Commercialization, and Strategic Positioning” (UVA-ENT-
0089)
Biomaterials:
New Platforms
for Fuels and
Materials
“Gevo” (UVA-ENT-0161, pending publication)
Gevo’s SEC IPO filing
“A Primer on Cellulosic Biofuels: ‘Super Bugs,’ Energy Crops, and
Everything in Between,” Thomas Wiesel Partners (June 2008)
“Exploring Trends in Bioproducts, Biofuels, and Biochemicals: Clean
Tech’s Next New Frontier?” Thomas Wiesel Partners (April 2010)
“Star Investor Vinod Khosla Responds,” Wesoff and Kholsa,
Greentechmedia.com (March 2010)
Guest: Patrick Gruber, Entrepreneur/Founder, NatureWorks (Cargill); CEO
of Gevo
13 “Calera: Entrepreneurship, Innovation, and Sustainability” (UVA-ENT-
0160)
Carbon
Sequestration
“Biomimicry: Using Nature’s Models as Sustainable Design Inspiration for
Company Strategy and Products” (UVA-ENT-0154)
“Climate Change” (UVA-ENT-0157)
Critique and Vinod Khosla reply: http://www.grist.org/article/2010-03-08-
vinod-khosla-tom-friedman-no-amount-sequestration-coal-clean/
“Peabody coal investment in Calera”: http://www.prnewswire.com/news-
releases/peabody-energy-acquires-equity-interest-in-calera-corporation-
88811457.html (March 2010)
Thomas L. Friedman, New York Times editorial: “Dreaming the Possible
Dream”: http://www.nytimes.com/2010/03/07/opinion/07friedman.html
(March 6, 2010)
“Concrete Is Remixed With Environment in Mind”:
http://www.nytimes.com/2009/03/31/science/earth/31conc.html?pagewanted
=2
Guests: Brent Constantz, Founder, Calera; Aurelia Setton, Vice President of
Business Development, Calera
14 Visit www.mbdc.com—review website information thoroughly Cradle to Cradle
Read release on California Green Products Innovation Institute:
http://www.mbdc.com/news_detail.aspx?linkid=5&sublink=19&nid=36
Design
Listen to William McDonough’s TED talk:
http://www.ted.com/talks/william_mcdonough_on_cradle_to_cradle_design.
html
Finish reading Cradle to Cradle
Guest: Ken Alston, CEO, McDonough Braungart Design Chemistry
15 Student Presentations, Final Comments, Student Evaluations