Toby E. Stuart
Professor | Leo Helzel Chair in Entrepreneurship and Innovation | Faculty Director, Berkeley Haas Entrepreneurship Program | Distinguished Teaching Fellow | Haas School of Business, University of California, Berkeley
Berkeley, CA, UNITED STATES
Areas of Expertise (2)
Entrepreneurship
Corporate Strategy
About
Toby E. Stuart is the Helzel Chair in Entrepreneurship, Strategy & Innovation; Faculty Director of the Berkeley Haas Entrepreneurship Program; the Associate Dean for External Affairs; and Faculty Director of the Institute for Business Innovation at the Haas School of Business, UC Berkeley. In 2021, he is also Visiting Professor at the Harvard Busines School. Previously, he has served as: The Charles Edward Wilson Professor at Harvard Business School; The Samberg Professor and Faculty Director of the Lang Center for Entrepreneurship at Columbia University’s Business School; and the Fred Steingraber-A.T. Kearney Professor of Leadership & Strategy at University of Chicago’s Booth School of Business. He received his PhD from the Graduate School of Business, Stanford University. He holds an AB, summa cum laude, in economics from Carleton College.
At Harvard Business School and Columbia Business Schools, Stuart was course head for the MBA-level required courses in Entrepreneurship and Strategy Formulation, respectively. He has also taught executive education courses and served as an advisor to senior executives around the world on corporate strategy, M&A, innovation and technology strategy, leadership, entrepreneurship, venture capital and private equity.
Currently, Stuart is a member of the board of directors (audit committee) at HNTB Holdings, the largest private transportation engineering firm in the United States. He is co-founder and a board member (chair, audit committee) of Flock Freight, a VC-backed “unicorn” tech-logistics company that algorithmically carpools industrial freight. Stuart also is proud to have cofounded the Black Venture Institute. He also serves on the board of FLYRLabs, an AI-based revenue optimization company for the airline industry, and of Atmosfy. Previously, Stuart served as a Venture Partner at Avid Park Venture.
Stuart is the recipient of the 2007 Kauffman Prize Medal for Distinguished Research in Entrepreneurship, which is granted every second year to recognize one individual’s contributions to entrepreneurship research. He has received the Dean’s Award for Teaching Excellence at Columbia Business School; the Award for Teaching Excellence at Cornell University’s NY-Tech campus; and is a multiple-recipient of the Cheit Award for Teaching Excellence at Berkeley Haas. He has won the Administrative Science Quarterly’s Scholarly Contribution (best paper) award, and many other recognitions for scholarly contributions.
Education (2)
Stanford University, Graduate School of Business: PhD, Business
Carleton College: BA, Economics
Summa Cum Laude
Links (4)
Honors & Awards (17)
Oliver Williamson Award, the highest faculty prize at Berkeley-Haas
2016
Chiet Award for Teaching Excellence in the Executive MBA program, Haas School of Business
2015
Chiet Award for Teaching Excellence in the Full time MBA program, Haas School of Business
2014
Fellow, the Reputation Institute, Oxford University
2012
Elected to Sociological Research Association
2009
University of Southern California’s Grief Award for Research Impact for paper in Entrepreneurship
2008
Ewing Marion Kauffman Foundation Prize Medal for Distinguished Research in Entrepreneurship
2006
Administrative Science Quarterly’s Award for Scholarly Contribution
2006
Dean’s Award for Teaching Excellence, Columbia Business School
2004
NSF Research Grant
2003
Voted “outstanding faculty member” by MBA students in Business Week’s Guide to the Best Business Schools
2001
Research grants from the Kauffman Center for Entrepreneurial Leadership
2001, 2000, 1999, 1998
FMC Scholar, Graduate School of Business, University of Chicago
1997
State Farm Doctoral Dissertation Fellowship
1994
Doctoral Program Merit Scholarship, Stanford University
1992
Awarded stipend to participate in Stanford Seminar on Social Theory
1992
National Doctoral Fellowship, AACSB
1991
Selected External Service & Affiliations (9)
- Doctoral Policy Committee, Harvard Business School
- EM Unit Doctoral Coordinator, Harvard Business School
- Academic Director, Lang Center for Entrepreneurship, Columbia Business School
- Head of Management Department doctoral program, Columbia Business School
- Chair of Management Department search committee, Columbia Business School
- Head of doctoral program in O&M group, Chicago
- Administrative head of O&M group, Chicago
- Editorial Board Member: Strategic Entrepreneurship Journal, Strategic Management Journal, Research Policy, Administrative Science Quarterly, Industrial and Corporate Change
- Ad Hoc Reviewer: American Journal of Sociology, American Sociological Review, Administrative Science Quarterly, Strategic Management Journal, Academy of Management Review, Academy of Management Journal, Management Science, Organization Science, Industrial and Corporate Change, Journal of Law and Economics, Sociological Quarterly.
Positions Held (1)
At Haas since 2010
2012 – present, Professor, Haas School of Business 2012 – present, Leo Helzel Chair in Entrepreneurship and Innovation, Haas School of Business 2012 – present, Faculty Director, Lester Center for Entrepreneurship 2010 – 2012, Visiting Professor, Haas School of Business 2006 – 2010, Charles Edward Wilson Professor of Business Administration, Harvard Business School 2004 – 2006, Arthur J. Samberg Professor of Leadership and Strategy; Academic Director, Lang Center for Entrepreneurship, Columbia Business School 2000 – 2003, Fred Steingraber A.T. Kearney Professor of Organizations & Strategy, Graduate School of Business, University of Chicago 1999, Associate Professor of Organizations & Strategy, Graduate School of Business, University of Chicago 1995 – 1999, Assistant Professor of Organizations & Strategy, Graduate School of Business, University of Chicago 1989 – 1991, Research Associate, Graduate School of Business, Harvard University
Media Appearances (6)
BLCK VC launches educational initiative to bring more Black entrepreneurs into investing ecosystem
TechCrunch online
2020-10-13
Berkeley Haas is one of the partners in the new Black Venture Institute, an educational program dedicated to opening up closed networks that have blocked Black entrepreneurs from advancing and increasing the number of Black VCs. Prof. Toby Stuart, the Leo Helzel Chair in Entrepreneurship and Innovation and the faculty director of the Berkeley Haas Entrepreneurship Program, will serve as faculty director for the institute’s first cohort of 50 students, teaching the online course through Berkeley Executive Education.
UC Berkeley Researchers: Opioid Addiction Is A Family Affair
KCBS Radio radio
2019-08-02
Researchers Toby Stuart and Mathijs de Vaan of Berkeley Haas have uncovered another possible reason the opioid crisis has gotten so bad in the U.S.: family connections.
Is the Opioid Epidemic Driven By Family Consumption?
The Crime Report online
2019-07-19
The study, conducted by Mathijs de Vaan and Toby Stuart, sociologists at the Haas School of Business of the University of California at Berkeley, found that if one family member uses prescription opioids, it’s likely that others in the family will soon be using them, too. The researchers analyzed hundreds of millions of medical claims and nearly 14.5 million opioid prescriptions in Massachusetts between 2010 and 2015.
Building Diversity: The People That Analytics Often Leaves Behind
Knowledge @ Wharton online
2017-06-08
Facebook’s global director of diversity Maxine Williams recounted at the Wharton People Analytics Conference how in a previous position with a global law firm, she spent two years living in Geneva. She submitted the necessary paperwork to rent an apartment there. After she had moved in, the cleaning person for the previous tenant knocked on the door to see if the new renter wanted to continue the service.
Want to launch your own business? Working for a startup is a great way to begin
The Globe and Mail online
2016-09-06
If you want to become an entrepreneur, there are few better ways to learn than going to work at a startup. Doing so will give you a fantastic network of future collaborators and provide you with the essential skills needed for running your own firm.
The Tampon of the Future
The New York Times print
2016-04-01
'“Men had more helpful social networks for getting ideas and commercial activities off the ground,” said Toby Stuart, a professor at the Haas School of Business at the University of California, Berkeley, who was an author of the study. “A prominent male faculty member may make noise at a university’s technology-transfer office if he doesn’t get what he wants, and he also has relationships outside the university and he’s more likely to know venture capitalists.” Meanwhile, “a female professor doesn’t tend to know as many people in industry...'”
Selected Papers & Publications (9)
Fraud and Innovation
Administrative Science Quarterly
Toby Stuart, Yanbo Wang, Jizhen Li
2020
Does Intra-household Contagion Cause an Increase in Prescription Opioid Use?
American Sociological Review
Toby Stuart, Mathijs de Vaan
2019
Status Spillovers
Administrative Science Quarterly
Toby E Stuart, Pierre Azoulay, Brian Reschke
2017
The Matthew Effect and Lucan Lawyer: Outlining an Ecological Approach to Status Research
Journal of Management Inquiry
Toby E Stuart, Brian Reschke
2017
Social Influence Given (partially) Deliberate Matching: Career Imprints in the Creation of Academic Entrepreneurs
American Journal of Sociology
Pierre Azoulay, Christopher C Liu, Toby E Stuart
2017
The Role of Optimal Distinctiveness and Homophily in Online Dating
ICWSM
Danaja Maldeniya, Arun Varghese, Toby E Stuart, Daniel M Romero
2017
Who Cooks the Books in China, and Does It Pay?
Strategic Management Journal
Toby E Stuart, Yanbo Wang
2016
An Intraorganizational Ecology of Individual Attainment
Organization Science
Toby E Stuart, Chris Liu and Sameer Srivastava
2015
3D Robotics: Disrupting the Drone Market
California Management Review
Toby Stuart and Chris Anderson
2015
Social