Scott Stern explores how innovation - and the production and distribution of "ideas" - differs from more traditional economic goods, and the implications of these differences for business and public policy. Stern's research, which is often focused on the life sciences industries, explores the intersection between industrial organization and the economics of technical change.

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. Stern is the co-organizer of the National Bureau of Economic Research's Innovation Policy and the Economy Working Group, and a senior fellow at the Searle Center on Law, Regulation and Economic Growth. He is an associate editor of Management Science, the Journal of Industrial Economics, the International Journal of Industrial Organization, and serves on the board of management of the International Schumpeter Society. He has also served on the editorial boards of the Antitrust Law Journal and the Journal of Business and Economics Statistics. In 2005, Stern was awarded the first Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship.

New York University, BA, Economics; Stanford University, PhD '96, Economics