(7b) Entrepreneurship and Innovation

This is a tutorial-like presentation of the MBA the ChemE Way session. The speaker is Jack Hipple, innovation expert, certified TRIZ (innovation method) specialist, author of "the Ideal Result: What It Is and How to Achieve It" and CEP articles on innovation, and Principal of TRIZ and Engineering Training Services LLC. A lifelong champion of innovation, Jack works with corporations and institutions globally to facilitate innovation. Previously, Jack was with Dow, the National Center for Manufacturing Sciences, Ansell Edmont, and Cabot. At Dow, he led its Discovery Research New Ventures Program and was Director of Corporate Chemical Engineering R&D. Jack has degrees in chemical engineering from Carnegie Mellon University and is a Board member and Fellow of AIChE.

Jack will discuss the evolution of corporate innovation programs and efforts as they have changed from an internal to an external orientation as well as the globalization of innovation and New Product Development. These factors have significantly changed the role of a chemical engineer in innovation.

The session will be of interest to those who want to learn about MBA programs and content: Those who may be considering enrolling in an MBA program, those who want to understand the type of information that is covered in an MBA program, and those who would benefit from having an overview of the content of a typical MBA program, for example. The speakers are subject matter experts who will take into account the interests and background of chemical engineers in the way that they present the information. The average student who is enrolled in an MBA program has six years of experience and is 29 years old. Students with engineering or science backgrounds comprise 35 to 40% of MBA programs. As a consequence, the session will be highly of interest to young professionals.