During the Fall 2023 semester, Catrina Lim WG’24, Harini Pundi Satyanarayanan WG’24, and Sherry Xue SEAS’25 participated in the Mack Institute’s Collaborative Innovation Program (MGMT 892), a project-based course that brings Wharton students into real companies to help them solve problems and drive innovation strategies. The students were part…Read More
The Mack Institute and Penn Dental’s Center for Innovation & Precision Dentistry (CiPD) kicked off a collaborative research project exploring potential uses of nanorobot technology for oral health care. The interdisciplinary partnership brings together three students from different Penn and Wharton programs to study the commercialization of a new technology…Read More
Mack Institute Research Assistant Lennart Meincke, Wharton Professor Ethan Mollick and Mack Institute Co-Director and Wharton Professor Christian Terwiesch have published the next in Terwiesch’s series of working papers on ChatGPT. The new paper evaluates how LLMs can be used for idea generation and explores methods to increase the novelty,…Read More
Friday, March 22, 2024 The Wharton School, Philadelphia The Mack Institute is pleased to announce our Spring 2024 conference, Collaborative Innovation: Shaping the Future with Corporate Venturing and Startups. In this era of transformative and disruptive new technologies, the relationship between established firms and startups is becoming more collaborative. These…Read More
Congratulations to LilyLoop, winners of this year’s $10,000 Y-Prize! The team of first-year undergrads proposed a commercial application for Penn’s biodegradeable moisture sensors: a line of “smart” period products that alerts users when to change tampons and captures menstrual flow data for diagnostic purposes. One in five American women suffers…Read More
The stratospheric rise of Generative AI platforms like ChatGPT and Bard has brought artificial intelligence to the forefront of innovation management. Driving Innovation with Generative AI, a conference jointly presented by the Mack Institute and AI at Wharton, brought together representatives from academia, industry, startups, and the venture capital world…Read More
Dear Members of the Mack Community, As 2023 comes to a close and we are entering the holiday season, it’s clear what distinguishes this year for the Mack Institute. While our agenda has always been focused on innovations driven by technological disruption, this is the first time a new technology…Read More
Christian Terwiesch, Mack Institute co-director and Wharton Professor of Operations, Information and Decisions, continues his exploration of Generative AI with a new paper entitled “Can AI Provide Ethical Advice?” Co-authored with Lennart Meincke, the paper details an experiment that pits advice from the New York Times famous “The Ethicist” column…Read More
The Mack Institute and AI at Wharton are pleased to announce our joint Fall 2023 conference, Driving Innovation with Generative AI: Strategies and Execution. Inspired by the explosive interest in generative AI platforms like ChatGPT and Bard, this event will bring together representatives from academia and industry to discuss this…Read More
The semester is underway — and so is this year’s Y-Prize competition! For twelve years, the Y-Prize competition has challenged students to build their entrepreneurial skills. Students team up to create business plans using technology invented at Penn Engineering. The team with the best commercial application wins $10,000 to help…Read More
Mack Institute co-director Christian Terwiesch and core team member Karl Ulrich have published an article in the Wall Street Journal detailing their research on on ChatGPT and idea generation. Based on a recent working paper, the article details their recent research, which compared business ideas generated by ChatGPT with ideas…Read More
Earlier this year, Christian Terwiesch, Mack Institute co-director and Wharton Professor of Operations, Information and Decisions, made headlines with his white paper showing that ChatGPT could easily pass a typical Wharton MBA exam. Now he and co-authors Karan Girotra, Lennart Meincke, and Karl T. Ulrich have released a new working…Read More
Doing Business in the Metaverse: Leveraging Innovations in Immersive Technology by Shankar Parameshwaran Business use cases within the metaverse are rapidly expanding. The $200 billion global gaming industry empowers its enthusiasts to save the world by egg-bombing enemies or create their own islands. Restaurant chains allow patrons to cook virtual…Read More
Will ChatGPT take my job? Does the rise of AI mean should I change my college major? We gathered together three of Wharton and Penn’s leading experts on artificial intelligence to discuss how LLMs like ChatGPT will impact the workplace and education in the future. Watch the full video above.…Read More
The automotive industry is on the brink of a massive transformation as autonomous vehicles (AVs) and electric vehicles (EVs) are poised to experience widespread growth and adoption over the next several years. While these new technologies hold tremendous potential in reducing carbon emissions, improving safety, enhancing mobility, and increasing efficiency,…Read More
The Penn Wharton Commercialization Workshop returned for the first time since 2019, offering a three-day event tailored to faculty, scientists, clinicians, and post-docs looking to commercialize their research and launch a new venture. The event, a partnership between the Mack Institute and the Office of the Vice Provost for Research,…Read More