Entrepreneurship & innovation

Darden Professor Raul Chao urges his entrepreneurial students — and entrepreneurs in general — to reject the traditional way of bringing a new product to market: the time-honored product launch.

Darden Professor Saras Sarasvathy groundbreaking research launched a new way of looking at the entrepreneurial method, once thought to be unteachable. Since then, dozens of articles and books have built on her work, and in turn have reshaped the landscape of how entrepreneurship is taught, researched and practiced.

Darden Professor Ed Hess believes that “we are on the cusp of a Smart Machine Age that could transform how most businesses are staffed, operated and managed.” Hess believes that most businesses of the future will be staffed by some combination of people and smart machines, with people doing those things that technology cannot do well.

In this video, Darden Professor Ed Hess discusses the science of learning and a new definition of the word “smart.”

You do not need to be a rocket scientist to figure out that the pace of business change continues to accelerate and that technology is a big driver. Well, buckle your seat belts, because on the horizon are cost-effective robots and smart machines powered by artificial intelligence.