2013 Commencement Video Featuring Keynote Speaker Carl Schramm
June 15, 2013

View the full Commencement video

(Carl Schramm’s address begins at 1:39)

It is a great honor to be with you today. It is particularly humbling to give the graduation address because in many ways this is the graduates’ last lecture.

In the next few minutes, I am going to conduct you through a reflection on a question central to the years you have spent here in Davis and to all the years ahead of you. Let us consider why the study and practice of business matters. To do so requires that we think about this question in the context of our shared life in the United States.

Download the full-text of Carl Schramm’s Commencement address:


We have prospered because our markets have been free, especially freely absorbing the disruptions of innovation and entrepreneurship. Starting a company always begins with a new idea. Thus, we must protect and, indeed, encourage the disruptive thoughts that drive new businesses and that government will always find disquieting.”

- Carl Schramm
   Arthur and Carlyse Ciocca Visiting Professor of Innovation and   
  Entrepreneurship, UC Davis Graduate School of Management
  University Professor, Syracuse University
  Former CEO, Kauffman Foundation