Scott Stern

David Sarnoff Professor of Management of Technology


Scott Stern Scott Stern is the David Sarnoff Professor of Management of Technology and Chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group at the MIT Sloan School of Management.

Stern explores how innovation—the production and distribution of “ideas”—differs from more traditional economic goods, and the implications of these differences for entrepreneurship, business strategy, and public policy. His research in the economics of innovation and entrepreneurship focuses on the drivers of commercialization strategy for technology entrepreneurs, the determinants of R&D productivity in both the public and private sector, and the role of incentives and organizational design on the process of innovation.

He works widely with both companies and governments in understanding the drivers and consequences of innovation and entrepreneurship, and has worked extensively in understanding the role of innovation and entrepreneurship in competitiveness and regional economic performance.

Stern started his career at MIT, where he worked from 1995 to 2001. Before returning to MIT in 2009, he held positions as a professor at the Kellogg School of Management and as a Senior Fellow at the Brookings Institution. Stern is the director of the Innovation Policy Working Group at the National Bureau of Economic Research. In 2005, he was awarded the Kauffman Prize Medal for Distinguished Research in Entrepreneurship.

Stern holds a BA in economics from New York University and a PhD in economics from Stanford University.

Faculty Media

  • Open Letter on the Digital Economy

    A group of leading technologists, economists, and investors propose a new approach to help us adapt to new technologies.

  • Why Clusters Count

    A recent study finds that regions with clusters of firms in any industry will see noted economic growth, in areas such as job creation, patents, and even the creation of new industries.

  • What Clever Robots Mean for Jobs

    From steam engines to ATMs, technology has long displaced humans—always creating new, often higher-skill jobs in its wake. But recent advances—everything from driverless cars to computers that can...

  • A New Method that Predicts Which Tech Startups Will Thrive

    Researchers at the MIT Sloan School of Management have created a richly detailed picture of what characteristics high-growth high-tech firms have, and where they exist.

  • REAP: A Global Program that Addresses the Intricacies of Entrepreneurship

    What makes regions more or less successful when it comes to entrepreneurship? What about Kendall Square has made the area such a powerful entrepreneurial hotspot? These questions and others like...

  • Innovation: Location Matters

    The defining challenge for competitiveness has shifted, especially in advanced nations and regions. The challenges of a decade ago were to restructure, lower cost and raise quality. Today,...

  • Open Innovations by Scott Stern

    Watch Scott Stern, Professor, Chair of the Technological Innovation, Entrepreneurship, and Strategic Management Group, Sloan School of Management, MIT, discuss the topic of open innovation.

  • Putting lab life under the lens

    Scott Stern doesnt work in a laboratory or have a degree in the hard sciences. Youll never find him using a genome sequencer or an MRI scanner. Yet he knows more about some aspects of science than...

  • Novel Method Projects Growth Potential of New Firms

    “A central question in evaluating the impact of policies toward business creation, startups, and innovation, is simply how to measure the kinds of entrepreneurs who are likely to build growth...

  • Nowcasting and Placecasting Entrepreneurial Quality and Performance

    A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial quality across firms. This paper develops a new approach for estimating...


Contact Information

Office: E62-476
Phone: 617-253-3053
Fax: 617-253-2660
Support Staff
Name: Bella DiMambro
Phone: (617) 253-6621

Teaches In

MIT Regional Entrepreneurship Acceleration Program Oct 19, 2016-May 1, 2018 | Oct 1, 2017-Oct 1, 2019