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Subject category: Entrepreneurship
Published by: Darden Business Publishing
Originally published in: 2018
Version: 4 September 2018
Revision date: 10-Sep-2018

Abstract

This case study gives an overview of the creation of the Pay-for-Success (PFS) Lab at the University of Virginia (UVA). It promotes discussion of how other university institutions can scale up their own research labs with a limited budget, and also introduces students to the PFS concept and the role university research institutions can play in the social impact process. It highlights the key opportunities and challenges of launching such research labs and concludes with several key decision questions that should be considered.

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Abstract

This case study gives an overview of the creation of the Pay-for-Success (PFS) Lab at the University of Virginia (UVA). It promotes discussion of how other university institutions can scale up their own research labs with a limited budget, and also introduces students to the PFS concept and the role university research institutions can play in the social impact process. It highlights the key opportunities and challenges of launching such research labs and concludes with several key decision questions that should be considered.

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