Deepak Hegde

Deepak  Hegde

Joined Stern 2010

Leonard N. Stern School of Business
Tisch Hall
40 West Fourth Street, 722
New York, NY 10012

Personal website

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Deepak Hegde, Ph.D., is Seymour Milstein Professor of Strategy at New York University’s Stern School of Business. He is founder and Andrew Hamilton Director of the Endless Frontier Labs, a program designed to transform scientific breakthroughs into high-growth businesses. He also leads the Berkley Center for Entrepreneurship, a center that supports entrepreneurs transition their early stage ideas into prototypes and beyond.

Professor Hegde’s research studies how entrepreneurs and innovators commercialize their ideas. His work focuses on science and technology intensive industries and has been accepted for publication in journals such as Science, Journal of Political Economy, Journal of Finance, Management Science, Review of Financial Studies, Organization Science, Journal of Law & Economics, Nature Biotechnology, Journal of Economics & Management Strategy, Yale Journal of Law & Technology and Research Policy. His work has also been featured in outlets such as Nature, Harvard Business Review, and The Wall Street Journal. Professor Hegde’s research has won numerous awards, including the Kauffman Junior Faculty Fellowship, which recognizes young faculty making significant contributions to the field of entrepreneurship, and the Thomas Alva Edison Fellowship, awarded by the U.S. Patent and Trademark Office. He was named one of the world’s best 40 under 40 business school professors by Poets & Quants.

Professor Hegde teaches MBA courses on Entrepreneurship, Competitive Strategy and Corporate Strategy, and coordinates a PhD seminar on innovation.

Prior to joining Stern in 2010, he worked at Bosch, a large technology-based German company, and Abt Associates, a research and consulting firm for the U.S. government and business sectors. Originally trained as an engineer, Professor Hegde earned his Ph.D. in Business Economics from the University of California, Berkeley.

Research Interests

  • Technological innovation
  • Entrepreneurship
  • Political economy and public policy

Courses Taught

  • Advanced Strategy PhD Seminar
  • Competitive Strategy
  • Corporate Strategy
  • Endless Frontier Labs

Academic Background

B.E., Industrial Engineering
Mysore University

M.S., Public Policy
Georgia Institute of Technology

Ph.D., Business Administration
University of California, Berkeley

Awards & Appointments

University Distinguished Teacher NYU 2023
Innovation in Pedagogy Award Academy of Management, Entrepreneurship Division 2022
Distinguished Teaching Award NYU Stern 2022
Faculty Leadership Award NYU Stern 2018
Thomas Alva Edison Fellow U.S. Patent and Trademark Office 2017

Selected Publications

Hegde, D., Herkenhoff, K., and Zhu, C. (2023)
Patent publication and innovation
Journal of Political Economy, forthcoming in July 2023

Hegde, D. and Tumlinson, J. (2021)
Information frictions and entrepreneurship
Strategic Management Journal, Mar 2021

Farré Mensa, J., Hegde, D., and Ljungqvist, A. (2020)
What is a patent worth? Evidence from the U.S. patent ‘lottery’
Journal of Finance, Apr 2020