Business Schools Aim to Become Incubators for Innovation

By Arlene Weintraub When Kevin Gallagher decided to get an MBA with a concentration in innovation at Carnegie Mellon University in Pittsburgh, it wasn’t because he wanted to start a company. Gallagher, 28, had a bachelor’s in biochemistry with a minor in economics from Boston College and had already worked in medical device development at Massachusetts General Hospital. What he wanted was the expertise he would need to help companies improve their processes and more quickly get new products to the patent stage. “The program gave me the ability to work with people who are different from me, and it showed me who needs to be in the room to have an educated and informed discussion” about innovation, Gallagher says. After he graduated in May 2014, he parlayed the experience into a job at pharmaceutical giant Bristol-Myers Squibb, where he focuses on improving research and development processes. Read the full article here: http://www.usnews.com/education/best-graduate-schools/top-business-schools/articles/2015/03/10/business-schools-aim-to-become-incubators-for-innovation

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