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


"Of Academics and Creative Destruction: The Role of Startups in the Process of Innovation."

Stern, Scott, J. Kolev, A. D’Alessandro, and Fiona Murray. Economics of Creative Destruction. Forthcoming.

"The Startup Cartography Project: Measuring and Mapping Entrepreneurial Ecosystems."

Andrews, RJ, Catherine Fazio, Jorge Guzman, Yupeng Liu, and Scott Stern. Research Policy (2022): 104437.

The Role of Innovation and Entrepreneurship in Economic Growth.

Andrews, Michael J., Aaron Chatterji, Josh Lerner, and Scott Stern (Eds.). Chicago, IL: University of Chicago Press, 2022.

Assessment of the SBIR and STTR Programs at the NIH.

Feldman, Maryann P., Scott Stern, Gavi Begtrup et al. Washington, D.C.: National Academies Press, 2022.

"Enabling Entrepreneurial Choice."

Agarwal, Ajay K., Joshua S. Gans, and Scott Stern. Management Science Vol. 67, No. 9 (2021): 5510-5524. SSRN Preprint.

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Executive Education

Executive Education Course

Strategy for Startups

There are many possible paths to success for good ideas. How can innovators and entrepreneurs weigh alternative options and confidently make choices to position their ventures for competitive advantage? This two-day entrepreneurship course provides a practical and systematic approach to exploring and evaluating the core choices that entrepreneurs need to make as they translate their ideas into a reality.

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Advanced Management Program

The Advanced Management Program (AMP) is a month-long senior executive program designed for a diverse group of experienced leaders seeking transformative learning among global peers. AMP participants will engage in custom learning components led by MIT’s world-renowned faculty, including interactive classroom sessions, management simulations, case studies, 1:1 leadership coaching, and individualized feedback assessments. Participants will also explore the many companies, labs and centers that make MIT and surrounding Kendall Square the epicenter of innovation worldwide.

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