Please note that faculty are subject to change and not all faculty teach in each session of the program.

• 
  William Aulet

  Senior Lecturer
  Managing Director, MIT Entrepreneurship Center
  

  Bill Aulet is a highly accomplished business leader with a 25 year track record of success. He has raised over $100 million in funding for his companies and directly created hundreds of millions of dollars of market value. He started his systems career with 11 years at IBM being trained in technical, sales, marketing, finance and general management positions... ... (more)

  Bill Aulet is a highly accomplished business leader with a 25 year track record of success. He has raised over $100 million in funding for his companies and directly created hundreds of millions of dollars of market value. He started his systems career with 11 years at IBM being trained in technical, sales, marketing, finance and general management positions. In 1993, Bill was nominated and accepted into the MIT Sloan Fellows Program.

  Upon graduation from the Sloan Fellows Program in 1994, Bill became a serial entrepreneur. He led two MIT spinouts as the President/CEO of Cambridge Decision Dynamics and then SensAble Technologies. The latter was recognized twice by Inc. Magazine's 500 Fastest Growing Private Company. SensAble also won over two dozen awards and was featured in Fortune Magazine, BusinessWeek, the Wall Street Journal and many other publications for its innovative products and strong business foundation.

  In August 2009, Bill was appointed Acting Managing Director of the MIT Entrepreneurship Center after serving as Entrepreneur in Residence at the Center for four years. He was appointed Managing Director in March 2010. In addition to his responsibilities as Managing Director, he is a Senior Lecturer at the Sloan School teaching four classes. Bill is also an advisor to the U.S. Department of Energy, the Kauffman Foundation and several investment funds in the area of Clean Energy Entrepreneurship and Innovation for which MIT was recognized with an award from the Global Consortium of Entrepreneurship Centers. Bill also serves on the board of a number of startup companies. (less)

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  Scott Keating

  Senior Lecturer, Accounting
  

  Scott Keating teaches in the accounting group. Prior to joining MIT Sloan, Keating taught at the University of Chicago Graduate School of Business for eight years. As a clinical professor of accounting, he taught case-based managerial accounting in the full-time MBA program, the evening and weekend MBA programs, and the Executive MBA programs in Chicago, London, and Singapore... ... (more)

  Scott Keating teaches in the accounting group. Prior to joining MIT Sloan, Keating taught at the University of Chicago Graduate School of Business for eight years. As a clinical professor of accounting, he taught case-based managerial accounting in the full-time MBA program, the evening and weekend MBA programs, and the Executive MBA programs in Chicago, London, and Singapore. He also worked closely with the Office of Executive Education to develop and deliver a number of open-enrollment and custom executive education programs in accounting and finance. Previously, Keating spent five years as an assistant professor of accounting at the University of Rochester's Simon School of Business.

  Keating's expertise in managerial accounting includes how business decisions are optimally based on opportunity costs, how accounting numbers can reflect these opportunity costs, and how cost allocations and transfer prices can affect the apparent costs and benefits of decision making. While focusing on helping managers to make the transition from functional to general management, he explores the areas of decision making, finance and accounting, leadership, strategy, and marketing.

  He holds a DBA from Harvard Business School, an MBA from Dartmouth College, and a BSc and LLB from McGill University. (less)

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  Matt Marx

  Alvin J. Siteman (1948) Career Development Professor of Entrepreneurship
  Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management
  

  Matt Marx is an Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management at MIT Sloan. Drawing on his own experience working in both Silicon Valley and Boston startups, he studies systematic, institutional barriers to the growth of new ventures. His current research focuses on the implications of employee non-compete agreements, which are ostensibly used to protect trade secrets but may also impact interorganizational and cross-regional mobility, utilization of expertise, and the ability of small companies to attract talent... ... (more)

  Matt Marx is an Assistant Professor of Technological Innovation, Entrepreneurship, and Strategic Management at MIT Sloan. Drawing on his own experience working in both Silicon Valley and Boston startups, he studies systematic, institutional barriers to the growth of new ventures. His current research focuses on the implications of employee non-compete agreements, which are ostensibly used to protect trade secrets but may also impact interorganizational and cross-regional mobility, utilization of expertise, and the ability of small companies to attract talent. In other work, he examines strategy formation in new ventures as well as the allocation of equity among co-founders.

  Professor Marx was previously an inventor and an executive at multiple startup companies in the speech recognition industry. As VP of professional services at Tellme Networks, he led a team of 75 in growing annualized revenue from $5MM to over $100MM. He holds seven patents as well as degrees from Stanford University, the MIT Media Lab, and Harvard Business School. (less)

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  Fiona Murray

  Associate Professor of Technological Innovation, Entrepreneurship, and Strategic Management
  Faculty Director, MIT Entrepreneurship Center
  

  Fiona Murray received BA and MA degrees in Chemistry from the University of Oxford before coming to the United States where she received her doctoral degree from Harvard University's School of Engineering and Applied Sciences. Her research interests include the study of science commercialization, the organization of scientific research, and the role of science in national competitiveness... ... (more)

  Fiona Murray received BA and MA degrees in Chemistry from the University of Oxford before coming to the United States where she received her doctoral degree from Harvard University's School of Engineering and Applied Sciences. Her research interests include the study of science commercialization, the organization of scientific research, and the role of science in national competitiveness. After a short time on the faculty of Oxford's Said Business School, Fiona joined the MIT Sloan School of Management where she studies and teaches innovation and entrepreneurship, including the campus-wide iTeams course in which students develop "go-to-market" strategies for breakthrough innovations developed in MIT labs.

  Murray works with a range of firms designing global organizations that are both commercially successful and at the forefront of science. These firms seek to leverage the ideas of a wide range of internal scientists and external innovators through traditional research contracts as well as "Open Innovation" mechanisms. Her recent engagements have focused on relationships that span the public and private sectors. She is particularly interested in new, emerging organizational arrangements for effective commercialization of science such as public-private partnerships, not-for profits, venture philanthropy, and university-initiated seed funding.

  Murray is well-known for her academic work on how growing economic incentives - for example, intellectual property (IP) - influence the rate and direction of scientific progress, particularly in the areas of genomics, stem cells, and mouse genetics. She is actively involved in U.S. and European policy debates over the appropriate use of IP and licensing in universities and, more recently, debates on how and when to use patents to promote discovery research in neglected diseases.

  Her research has been widely published in a diverse range of scientific and social science journals including Science, New England Journal of Medicine, Nature Biotechnology, Research Policy, Organization Science and the Journal of Economic Behavior & Organization. (less)

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  Edward Roberts

  David Sarnoff Professor of Management Technology
  Professor of Technological Innovation, Entrepreneurship, and Strategic Management
  Chair, MIT Entrepreneurship Center
  

  A long-time expert on entrepreneurial endeavors, Ed Roberts has literally written the book on high-tech business creation and growth. His Entrepreneurs in High-Technology: Lessons from MIT and Beyond (Oxford University Press, 1991) won the Association of American Publishers Award for Outstanding Book in Business and Management... ... (more)

  A long-time expert on entrepreneurial endeavors, Ed Roberts has literally written the book on high-tech business creation and growth. His Entrepreneurs in High-Technology: Lessons from MIT and Beyond (Oxford University Press, 1991) won the Association of American Publishers Award for Outstanding Book in Business and Management. His own entrepreneurship is as prolific in academia as in industry. Roberts was a founding member of the MIT System Dynamics Group, is Founder and Chair of the MIT Entrepreneurship Center, and was a founder and for over 30 years chaired MIT Sloan's Management of Technological Innovation and Entrepreneurship Group. He co-founded and for nearly 20 years chaired the mid-career MIT Management of Technology (MOT) Program. Most recently he co-created and directs the MIT Sloan Entrepreneurship & Innovation MBA Track.

  During the past 45 years, Roberts has become internationally known for his research, teaching and active involvement in many aspects of technology management, including technology strategy, corporate venturing, product innovation management, and technology-based entrepreneurship. He served as co-director of the MIT International Center for Research on the Management of Technology. When not occupied with his MIT responsibilities, Roberts is actively involved as a co-founder, board member and angel investor in many high-tech start-ups. Roberts co-founded and was CEO of Pugh-Roberts Associates, an international management consulting firm specializing in system dynamics, strategic planning, and technology management, now a division of PA Consulting Group. He co-founded and is a director of Medical Information Technology, Inc., a leading producer of healthcare information systems. He also co-founded and serves as a director of Sohu.com, Inc., a leading Chinese Internet firm. In addition, Roberts co-founded and for 20 years served as a General Partner of the Zero Stage Capital Equity Funds, a group of venture capital funds investing in early-stage technology-based firms. He has been a co-founder and/or director of numerous emerging technology companies including Advanced Magnetics, EdTech Networks, Interactive SuperComputing, Inverness Medical, InTouch Systems, Pegasystems, PR Restaurants, UCAN-TV and Visible Measures. Roberts has authored over 160 articles and eleven books, the most recent being Innovation: Driving Product, Process and Market Change (Jossey-Bass/Wiley, 2002). Roberts holds four degrees from MIT. (less)

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  Antoinette Schoar

  Michael M. Koerner (1949) Professor of Entrepreneurship
  Professor of Finance
  

  Antoinette Schoar teaches in the areas of corporate finance and entrepreneurship. While at the MIT Sloan School of Management, she developed a new second-year elective course on entrepreneurial finance.

  Her current research examines returns and capital flows in the venture capital industry, the effect of managerial styles on corporate policies, and the impact of corporate governance changes on a firm’s performance...

  ... (more)

  Antoinette Schoar teaches in the areas of corporate finance and entrepreneurship. While at the MIT Sloan School of Management, she developed a new second-year elective course on entrepreneurial finance.

  Her current research examines returns and capital flows in the venture capital industry, the effect of managerial styles on corporate policies, and the impact of corporate governance changes on a firm’s performance. Her paper, “The Effects of Corporate Diversification on Productivity,” won the 2003 Journal of Finance Brattle Prize. She has published several papers in the Journal of Finance, the Journal of Financial Economics, and the Quarterly Journal of Economics. Her work also has been featured in the Financial Times, The New York Times, and the Economist.

  Schoar is a member of the American Finance Association and the National Bureau of Economic Research. Prior to starting her graduate studies, she worked at Daimler Benz and McKinsey & Company.

  She holds a PhD in economics from the University of Chicago and an undergraduate degree from the University of Cologne, Germany. While a student, she received several prestigious scholarships from the German National Scholarship foundation, the ministry of commerce, and the George Stigler Center at the University of Chicago. (less)

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  Michael Schrage

  Research Fellow, MIT Center for Digital Business
  Visiting Fellow, Imperial College Department of Innovation and Entrepreneurship
  

  Michael Schrage examines the various roles of models, prototypes, and simulations as collaborative media for innovation risk management. He has served as an advisor on innovation issues and investments to major firms, including Mars, Procter & Gamble, Google, Intel, BT, Siemens, NASDAQ, IBM, and Alcoa... ... (more)

  Michael Schrage examines the various roles of models, prototypes, and simulations as collaborative media for innovation risk management. He has served as an advisor on innovation issues and investments to major firms, including Mars, Procter & Gamble, Google, Intel, BT, Siemens, NASDAQ, IBM, and Alcoa.

  In addition, Schrage has advised segments of the national security community on cyberconflict and cybersecurity issues. He has presented workshops on design experimentation and innovation risk for businesses, organizations, and executive education programs worldwide. Along with running summer workshops on future technologies for the Pentagon's Office of Net Assessment, he has served on the technical advisory committee of MIT's Lincoln Laboratory. In collaboration with the Center for Strategic and International Studies (CSIS), Schrage helped launch a series of workshops sponsored by the Department of Defense on federal complex systems procurement. In 2007, he served as a judge for the Industrial Designers Society of America's global International Design Excellence Awards.

  Schrage authored the lead chapter on governance in complex systems acquisition in Organizing for a Complex World (CSIS 2009). He has been a contributor to such prestigious publications as the Harvard Business Review, Sloan Management Review, the Financial Times, The Wall Street Journal, strategy+business, IEEE Software, and the Design Management Journal. In his best-selling book, Serious Play (Harvard Business School Press, 2000), Schrage explores the culture, economics, and future of prototyping. His next book, Getting Beyond Ideas (Wiley), is forthcoming in 2010. (less)

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  Scott Stern

  School of Management Distinguished Professor of Technological Innovation, Entrepreneurship and Strategic Management
  Professor of Technological Innovation, Entrepreneurship, and Strategic Management
  

  Scott Stern was an assistant professor of management at the MIT Sloan School of Management from 1995 to 2001 and a non-resident senior fellow of the Brookings Institution from 2001 to 2003. He is the co-organizer of the National Bureau of Economic Research's Innovation Policy and the Economy Working Group, and is a senior fellow of the Searle Center on Law, Regulation, and Economic Growth... ... (more)

  Scott Stern was an assistant professor of management at the MIT Sloan School of Management from 1995 to 2001 and a non-resident senior fellow of the Brookings Institution from 2001 to 2003. He is the co-organizer of the National Bureau of Economic Research's Innovation Policy and the Economy Working Group, and is a senior fellow of the Searle Center on Law, Regulation, and Economic Growth. Stern explores how innovation - the production and distribution of ideas - differs from more traditional economic goods, and the implications of these differences for business and public policy.

  His research often focuses on life sciences industries at the intersection between industrial organization and the economics of technical change. Stern's recent studies examine the drivers of commercialization strategy for technology entrepreneurs, the determinants of R&D productivity, and the role of incentives and organizational design on the process of innovation.

  He is an associate editor of Management Science, the Journal of Industrial Economics, and the International Journal of Industrial Organization. Stern serves on the board of management of the International Schumpeter Society, and has served on the editorial boards of the Antitrust Law Journal and the Journal of Business and Economics Statistics. In 2005, he was awarded the first Ewing Marion 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. (less)