Scott Stern


Scott Stern

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Scott Stern is the David Sarnoff Professor of Management at the MIT Sloan School of Management.

Stern explores how innovation and entrepreneurship differ from more traditional economic activities, and the consequences of these differences for strategy and policy.  His research in the economics of innovation and entrepreneurship focuses on entrepreneurial strategy, innovation-driven entrepreneurial ecosystems, and innovation policy and management.  Recent studies include the impact of clusters on entrepreneurship, the role of institutions in shaping the accumulation of scientific and technical knowledge, and the drivers and consequences of entrepreneurial strategy.

Stern has worked widely with practitioners in bridging the gap between academic research and the practice of innovation and entrepreneurship.  This includes advising start-ups and other growth firms in the area of entrepreneurial strategy, as well as working with governments and other stakeholders on policy issues related to competitiveness and regional performance.  In recent years, Stern has developed a popular new MIT Sloan elective, Entrepreneurial Strategy, co-founded the MIT Regional Entrepreneurship Acceleration Program, advised the development of the Social Progress Index, and served as the lead MIT investigator on the US Cluster Mapping Project.

Stern started his career at MIT, where he taught 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 Non-Resident Senior Fellow at the Brookings Institution.  Stern is the director and co-founder 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.

Read more about Scott Stern here.


Stern wins 2021 Innovation in Entrepreneurship Pedagogy Award


"Choosing Technology: An Entrepreneurial Strategy Approach."

Gans,Joshua S., Michael Kearney, Erin L. Scott, and Scott Stern. Strategy Science. Forthcoming. NBER Preprint.

"Enabling Entrepreneurial Choice."

Gans, Joshua S., Scott Stern, and Ajay K. Agarwal. Management Science. Forthcoming. SSRN Preprint.

The Role of Innovation and Entrepreneurship in Economic Growth.

Chatterji, Aaron, Josh Lerner, Scott Stern, and Michael J. Andrews (Eds.). Chicago, IL: University of Chicago Press, Forthcoming.

"The State of American Entrepreneurship: New Evidence on the Quantity and Quality of Entrepreneurship for 34 US States, 1988-2014."

Guzman, Jorge, and Scott Stern. American Economic Journal: Policy Vol. 12, No. 4 (2020): 212-243. Download Paper.

"Lean Startup and the Business Model: Experimentation Revisited."

Felin, Teppo, Alfonso Gambardella, Scott Stern, and Todd Zenger. Long Range Planning Vol. 53, No. 4 (2020): 101889. Download Paper.

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