Roger Schank - Entrepreneurship

Entrepreneurship

While at Yale in 1979, Schank was among the first to "capitalize on the expected boom" in AI when he founded Cognitive Systems, a company that went public in 1986. Schank resigned as chairman and chief executive in 1988 for personal reasons, but stayed as a board member and advisor.

In 1994, Schank founded Cognitive Arts Corporation (originally named Learning Sciences Corporation) to market the software developed at ILS, and led the company until it was sold in 2003.

In 2001 he founded Socratic Arts, a company that sells e-learning software to both businesses and schools.