Scott Stern
Jump to navigation
Jump to search
Scott Stern is a person.
References
- Google Scholar Author Page: http://scholar.google.com/citations?user=5opEOuMAAAA=
- Professional Homepage: http://mitsloan.mit.edu/faculty/detail.php?in_spseqno=41362
2015
- http://mitsloan.mit.edu/faculty/detail.php?in_spseqno=41362
- 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.
2003
- Gans, Joshua S., and Scott Stern. "The product market and the market for “ideas”: commercialization strategies for technology entrepreneurs." Research policy 32, no. 2 (2003): 333-350.
- QUOTE: This paper presents a synthetic framework identifying the central drivers of start-up commercialization strategy and the implications of these drivers for industrial dynamics. We link strategy to the commercialization environment — the microeconomic and strategic conditions facing a firm that is translating an “idea” into a value proposition for customers. The framework addresses why technology entrepreneurs in some environments undermine established firms, while others cooperate with incumbents and reinforce existing market power. Our analysis suggests that competitive interaction between start-up innovators and established firms depends on the presence or absence of a “market for ideas”. By focusing on the operating requirements, efficiency, and institutions associated with markets for ideas, this framework holds several implications for the management of high-technology entrepreneurial firms.
2001
- Furman, Jeffrey L., Michael E. Porter, and Scott Stern. "The determinants of national innovative capacity." Research policy 31, no. 6 (2002): 899-933.
- ABSTRACT: Motivated by differences in innovation intensity across advanced economies, this paper presents an empirical examination of the determinants of country-level production of international patents. We introduce a novel framework based on the concept of national innovative capacity. National innovative capacity is the ability of a country to produce and commercialize a flow of innovative technology over the long term. National innovative capacity depends on the strength of a nation’s common innovation infrastructure (cross-cutting factors which contribute broadly to innovativeness throughout the economy), the environment for innovation in a nation’s industrial clusters, and the strength of linkages between these two. We use this framework to guide an empirical exploration into the determinants of country-level differences in innovation intensity, examining the relationship between international patenting (patenting by foreign countries in United States) and variables associated with the national innovative capacity framework. While there are important measurement issues arising from the use of patent data, the results suggest that the production function for international patents is well-characterized by a small but nuanced set of observable factors. We find that while a great deal of variation across countries is due to differences in the level of inputs devoted to innovation (R&D manpower and spending), an extremely important role is played by factors associated with differences in R&D productivity (policy choices such as the extent of IP protection and openness to international trade, the share of research performed by the academic sector and funded by the private sector, the degree of technological specialization, and each individual country’s knowledge “stock”). Further, national innovative capacity influences downstream commercialization, such as achieving a high market share of high-technology export markets. Finally, there has been convergence among OECD countries in terms of the estimated level of innovative capacity over the past quarter century.