Entrepreneurial Curricula and Curricular Entrepreneurship:
Creatively teaching creative destruction
MIT Media Lab.
Rivalry is essential to quality and innovation. What competitive frameworks create healthy environments for entrepreneurial learning? Drawing on his advisory work and leadership in grants and competitions, Michael Schrage will discuss the role of creative competition in promoting creative entrepreneurial learning.
Michael Schrage is co-director of the MIT Media Lab's
E-Markets Initiative and a senior advisor to MIT's Security
Studies Program. Schrage advises organizations on the
economics of innovation through rapid experimentation,
simulation, and digital design. His research and advisory
work explores the role of models, prototypes and simulations
as collaborative media for managing innovation and risk.
work on strategic and just-in-time experimentation is
at the core of several corporate transformation efforts.
His insights into the economics of hyperinnovation,
iterative capital and innovation cross-subsidies are
redefining executive investment criteria for supply
chain and customer relationship initiatives. Schrage
teaches and runs workshops on innovation economics and
new product development at MIT executive education programs.
He moderated MIT's 2004 CIO Symposium and the Warren
Buffett/Bill Gates conversation at Microsoft's CEO summit.
A columnist for CIO Magazine on IT implementation issues
and diffusion of innovation management for MIT's Technology
Review magazine, Schrage serves on the editorial advisory
board of the Sloan Management Review. He has contributed
pieces to The Washington Post, Wired, Harvard Business
Review, Across the Board, and Strategy+Business magazines.
Shrage has been a Merrill Lynch Forum Innovation Fellow
and executive director of the Merrill Lynch Innovation
Grants Competition for doctoral students worldwide.
His books include Serious Play: How the World's Best
Companies Simulate to Innovate [Harvard Business School
Press 2000] and Shared Minds: The New Technologies of
Collaboration [Random House 1990], the first book to
explore the intersection of media and methodologies
for managing creative collaboration. Both books have
been adopted as business school and undergraduate texts.