Ajay AgrawalView profile
Professor
Ajay Agrawal is the Geoffrey Taber Chair in Entrepreneurship and Innovation and Professor of Strategic Management at the University of Toronto's Rotman School of Management. His research focuses on the economics of artificial intelligence, science policy, entrepreneurial finance, and regional innovation. He is a Research Associate at the National Bureau of Economic Research (NBER), co-founder of NextAI and The Next 36, and founder of the Creative Destruction Lab (CDL), a global network supporting early-stage science-based ventures. Education: PhD in Strategy & Business Economics from the University of British Columbia, Visiting Scholarships at MIT and London Business School, BSc from the University of British Columbia. Research Interests: Agrawal's work explores AI's societal and economic impacts, including labor market dynamics, innovation ecosystems, and policy frameworks. He co-authored best-selling books like Prediction Machines: The Simple Economics of Artificial Intelligence and Power and Prediction , which analyze AI's strategic implications for businesses and governments. Publications Overview: His recent work addresses AI adoption, pandemic response strategies, and innovation policy. Notable themes include AI's role in scientific discovery, systemic economic transformation, and reducing inequality through automation. Awards: Member of the Order of Canada, Distinguished Scholarly Contribution Award, multiple Professor of the Year accolades, and Honorary PhD from the University of Calgary. Grants & Leadership: Principal Investigator on SSHRC grants exploring crowdfunding and innovation, co-organizer of NBER AI conferences, and advisor to governments on AI policy. Labs & Initiatives: CDL has graduated over 200 AI-driven startups globally. The CDL Recovery initiative during the pandemic focused on public health and economic revival. Agrawal chairs the Vision Council, accelerating technology-driven solutions for societal challenges.












