New Paper: The Role of Large Language Models in Educational Simulations

Mack Institute Research Assistant Lennart Meincke and Wharton Associate Professor of Management Andrew Carton have released a new working paper in our series of working papers on ChatGPT spearheaded by Mack Faculty Director Christian Terwiesch. The new paper, entitled “Beyond Multiple Choice: The Role of Large Language Models in EducationalRead More

Collaborative Innovation: Shaping the Future with Corporate Venturing and Startups 

Collaborative Innovation: Shaping the Future with Corporate Venturing and Startups Spring 2024 Conference Report In this era of rapidly evolving, highly disruptive technologies, corporate venturing practices are evolving, too. High-profile partnerships like Microsoft’s $13 billion investment in OpenAI or BMW’s move into the electrification space with ChargePoint underscore the currentRead More

Mack Executive Director Valery Yakubovich and Co-Authors in Wall Street Journal: AI Adoption and the Workforce

Mack Institute Executive Director Valery Yakubovich and Wharton professors Peter Cappelli and Prasanna Tambe have authored a new article in the Wall Street Journal that discusses current research and predictions on how AI adoption will affect the workforce. Dr. Yakubovich and his co-authors push back on the popular conception ofRead More

Insights From Tech Talks: Bridging Academia and Innovation in Philadelphia’s Tech Hub 

Panelists Steven Nichtberger, Jen Gilburg, John Swartley, and Tempest Carter  On April 24, the Mack Institute, together with Philadelphia’s Department of Commerce, presented Tech Talks, a panel discussion with government officials and entrepreneurs on how Penn and Wharton can help solidify the city’s future as a leader in innovation andRead More

Join Us For Tech Talks: Bridging Academia and Innovation in Philly’s Tech Hub

Join Us For Tech Talks: Bridging Academia and Innovation in Philly's Tech Hub Wednesday, April 24 | 6:00 p.m. 8th Floor, Jon M. Huntsman Hall 3730 Walnut St, Philadelphia, PA 19104 Join us at the University of Pennsylvania for an event co-organized by the Mack Institute for Innovation Management and the City of Philadelphia Department ofRead More

Our Collaborative Innovation Program Experience: AI For Software Developers

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 partRead More

Robotics for Healthcare: Announcing Our Partnership with Penn Dental’s Center for Innovation & Precision Dentistry 

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 technologyRead More

New Paper: Increasing AI Idea Variance

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

Announcing Our Spring ’24 Conference: Shaping the Future with Corporate Venturing and Startups

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. TheseRead More

Driving Innovation with Generative AI: Strategies and Execution 

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 worldRead More

Can AI Provide Ethical Advice?

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” columnRead More

Announcing Our Fall ‘23 Conference, Driving Innovation with Generative AI

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 thisRead More

Mack’s Christian Terwiesch and Karl Ulrich in the Wall Street Journal: “M.B.A. Students vs. ChatGPT”

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 ideasRead More

Creative Disruption? Innovations in Supply Chain Management

Executive Summary:  Our Spring ‘23 conference, “Creative Disruption? Innovations in Supply Chain Management,” highlighted the challenges and opportunities faced by global supply chains in the wake of unprecedented disruptions. Speakers from academia and industry discussed such themes as the balance between efficiency and resilience, the role of advanced technologies inRead More

New Working Paper Finds ChatGPT A Better Innovation “Ideator” Than MBA Students

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 workingRead More