MIT’s Entrepreneurial Ecosystem

Ed Roberts speaks at the MIT Entrepreneurship Ecosystem session

“We don’t want observers, we want players.”

So said David Sarnoff Professor of Management Technology Ed Roberts,
of the entrepreneurial zeitgeist at MIT. His remarks were part of the Exchange 62: Now and Next Colloquium session on MIT’s Entrepreneurial Ecosystem.

Over the past several decades, MIT has established itself as an entrepreneurial hub – a place where research and ideas are transformed regularly into products and businesses with broad economic and social impact. MIT’s interdisciplinary approach to education helps fuel this entrepreneurial activity, which is often sparked by interactions between students and alumni from MIT Sloan and the Schools of Science and Engineering. The resulting entrepreneurial ecosystem, which encompasses Kendall Square and areas far beyond, plays a vital role in the life of MIT Sloan and the Institute as a whole.

MIT Students have certainly made their interest and dedication to entrepreneurship clear.  According to Roberts, when MIT Sloan first offered the Entrepreneurship and Innovation Track in 2007, 40% of the MBA class applied to participate.

Citing an article he read recently about the top 10 economies in the world, Roberts said, “MIT was the 11th.”

Clearly a thriving ecosystem.

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