One tenth of the world’s population has no access to electricity — and eighty percent of that population lives in Africa, where half the continent is still unelectrified. Wharton’s Serguei Netessine together with co-authors recently published a paper studying an innovative new approach to bringing electricity to off-grid Rwandans via…Read More
In recent years, events like the COVID-19 pandemic, the Ukraine war, and U.S. tensions with China have dramatically impacted global supply chains, drawing attention to their vulnerabilities and calling into question the widespread industry practice of prioritizing supply chain efficiency over resilience and crisis preparation. As firms continue to weather…Read More
Emerging metaverse technologies have equally passionate evangelists and skeptics, making it hard to separate hype from reality. Facebook was the subject of buzzy media headlines when it rebranded to Meta, but now faces plummeting stock and mass layoffs. At the same time, investors continue to pour billions into metaverse-related technology…Read More
Congratulations to Equimeter, winners of this year’s $10,000 Y-Prize! The team of undergrads proposed a commercial application for Penn’s physics-informed neural network that improves pulse oximetry in patients with darker skin. A pulse oximeter is a small device that clips to your finger and measures blood oxygen level. They became…Read More
The Mack Institute is pleased to announce the launch of Collective Impact Virtual Salon, an initiative of Wharton Management Professors Lori Rosenkopf and Dan Levinthal. Collective Impact is a knowledge-sharing and blogging initiative inspired by a series of faculty discussion groups convened by Rosenkopf and Levinthal during the pandemic. Collective Impact brings together top management scholars for…Read More
GPT, the artificial intelligence chatbot from OpenAI, went viral soon after its launch, drawing attention to and raising questions about the future of generative AI. But is it smart enough to pass a final exam in a typical Wharton MBA course? Mack Institute Co-Director Christian Terwiesch published his findings in…Read More
Dear Members of the Mack Community, The Winter Holiday Season is an opportunity to reflect on the year that is ending and to make plans for the one that is coming. For me, it means summarizing my initial experiences in the role of Executive Director of the Mack Institute and…Read More
Congratulations to the four student teams chosen as finalists for this year’s Y-Prize competition: AtrioFlow, Bubble, Equimeter, and VoluVision! The Y-Prize competition challenges students to build their entrepreneurial skills by creating business plans for technologies invented at Penn Engineering. The team with the best commercial application wins $10,000 to help…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This Fall semester, 27 students from Wharton’s Full-Time and Executive MBA Programs, plus Penn Engineering, are participating in this project-based course alongside seven different firms…Read More
The “Metaverse revolution” envisioned by tech scions like Mark Zuckerberg may not be here yet, but major players across industries are getting ready for it. Citi Analysts called the Metaverse market a “trillion dollar opportunity” and heavy-hitting firms from Ford to Gucci have made headlines with their recent forays into immersive…Read More
This past spring semester, Vishoka Balasubramanian WG’23, Shounak Mishra WG’22, Andres Ramirez WG’23, and Jordan Woodard WG’22 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 in the…Read More
Why do some firms survive or even thrive during challenging times, while others fail? Paul Schoemaker, a pioneer in the field of decision science and former Mack research director, explains two of the key concepts that firms must master to anticipate problems, challenges, and competitors. Paul Schoemaker on Vigilance Paul…Read More 
Many of the biggest topics in business today fall under the ESG (Environmental, Social, Governance) umbrella. From new SEC guidelines on carbon emissions to demands for diversity, equity and inclusion, successful firms need a strong stance on ESG to meet the demands of today and the challenges of the future. …Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Spring 2022), students consulted on a diverse lineup of live business challenges in industries ranging from hospitality to crypto. The projects offer…Read More
John Paul MacDuffie, Director of the Program on Vehicle and Mobility Innovation at the Mack Institute, was featured in the Wall Street Journal alongside other experts discussing innovations in green technology. MacDuffie weighed in on the development of more efficient EV batteries, which could speed along the adoption of electric…Read More
The world of healthcare is moving towards more value-based approaches due to medical expenditure growing out of control. As a result, traditional insurers need to, and have started to, build more connected strategies…Read More
Congratulations to Ossum Technologies, winners of this year’s $10,000 Y-Prize competition! The team of undergrads proposed a commercial application for Penn’s steerable needle technology that would improve the safety of cerclage wire use in orthopedic fracture fixation.…Read More
Each semester, the Mack Institute’s Collaborative Innovation Program (CIP) brings Wharton and Penn students into some of the world’s top companies to solve organizational challenges. This past semester (Fall 2021), students consulted on a diverse lineup of live business challenges in industries ranging from metalworking to green banking. The projects…Read More
