Photo of Ian MacMillan

Ian MacMillan

The Dhirubhai Ambani Professor of Innovation and Entrepreneurship

Director, Sol C. Snider Entrepreneurial Research Center

Research Interests: entrepreneurship, new venture management, organizational competence, strategic management

Contact Information

Address: 407 Vance Hall, Philadelphia, PA 19104
Email: macmilli@wharton.upenn.edu
Office: (215) 898-9472

Overview

Education

DBA, University of South Africa, 1975; MBA (cum laude), University of South Africa, 1972; BS, University of Witwatersrand, 1963

Consulting

Merck, Microsoft, Air Products, Citibank, Greenwich Pharmaceuticals, Chubb and Sons, NYSE, Dupont, General Electric, GTE, IBM, Metropolitan Life, American Re-Insurance, Panasonic (Japan), Olympus (Japan), L.G. Group (Korea), Texas Instruments, KPMG, Hewlett Packard, Intel, Fluor Daniel; Workout initiative, GE, 1989-92

Academic Positions Held

Wharton: 1986-present (named Dhirubhai Ambani Professor of Innovation and Entrepreneurship, 2005; named Fred R. Sullivan Professor, 1999-2005; Director, Sol C. Snider Entrepreneurial Research Center, 1986-present; Director, Goergen Entrepreneurial Management Program, 1998-2003; George W. Taylor Professor of Entrepreneurial Studies, 1986-99; Academic Director, Advanced Management Program, 1988-89). Previous appointments: New York University; Columbia University; University of South Africa. Visiting appointment: Northwestern University

Other Positions

Chief Chemical Engineer, Consolidated Oil Products, Republic of South Africa, 1965-70; Scientist, Atomic Energy Board, Government Metallurgical Labs, Republic of South Africa, 1963-64

Professional Leadership

Academy of Management Fellows, 1997-present; Editorial Board, Strategic Management Journal, 1980-present; Editorial Board, Human Resource Management, Long Range Planning

Research


  • Ian MacMillan, R. G. McGrath (2005), Marketbusting: Strategies For Exceptional Business Growth, Harvard Business Review, 80-92.  Abstract
  • Ian MacMillan, M. Boisot (2004), Crossing Epistemological Boundaries: Managerial and Entrepreneurial Approaches to Knowledge Management, Long Range Planning, 37(6): 505-524.  Abstract
  • Ian MacMillan, A. B. van Putten (2004), Making Real Options Really Work, Harvard Business Review, 134-141.  Abstract
  • Ian MacMillan, R. G. McGrath (2004), Nine Integrated Roles of Technology Development Managers, Research-Technology Management, 47(3): 6-26.  Abstract

In The News

Knowledge @ Wharton

Courses

Current

  • MGMT802 - Change, Innovation & Entrepreneurship

    This course will provide students with a theoretical foundation and a set of practical tools for the management of innovation, and the change associated with it, both in corporate settings and start-up situations. For the purposes of the course, innovation is defined as the profitable commercialization of a new idea: product, market, process or technology. The theoretical background will be provided by multiple readings, your knowledge of which will be tested in a readings report. The practical tools will be provided via lecture/discussion sessions, your skills at which will be demonstrated in an innovation assessment for an actual innovation opportunity. In addition the teams will be required to present a proposed game-changing innovation that reconfigures the basis of competition in a selected industry.

    Format: Lectures, discussion, interim reports, class participation, readings report, and presentations

    MGMT802001  ( Syllabus

    MGMT802002  ( Syllabus

  • MGMT810 - Social Entrepreneurship

    The basic thesis of this elective course is that some societal problems, if attacked entrepreneurially, create opportunities for launching businesses that simultaneously generate profits and alleviate the societal problem. This approach generates societal wealth as well as entrepreneurial wealth. The course is distinguished from public sector initiatives to address social problems. Student teams are expected to develop a plan to launch a societal wealth generating business. The preference is for them to begin the course with already conceived ideas for entrepreneurial solutions to social problems. They may also join a team to work on a project proposed by a student who already has a business idea.

    Format: Lecture, discussion, live case studies (discussions of progress reports of students own ventures)

    MGMT212401  ( Syllabus

    MGMT810401  ( Syllabus

  • MGMT893 - Advanced Study Project for Entrepreneurial Management

    MGMT893001  ( Syllabus

Previous

  • MGMT802 - Change, Innovation & Entrepreneurship

    This course will provide students with a theoretical foundation and a set of practical tools for the management of innovation, and the change associated with it, both in corporate settings and start-up situations. For the purposes of the course, innovation is defined as the profitable commercialization of a new idea: product, market, process or technology. The theoretical background will be provided by multiple readings, your knowledge of which will be tested in a readings report. The practical tools will be provided via lecture/discussion sessions, your skills at which will be demonstrated in an innovation assessment for an actual innovation opportunity. In addition the teams will be required to present a proposed game-changing innovation that reconfigures the basis of competition in a selected industry.

  • MGMT810 - Social Entrepreneurship

    The basic thesis of this elective course is that some societal problems, if attacked entrepreneurially, create opportunities for launching businesses that simultaneously generate profits and alleviate the societal problem. This approach generates societal wealth as well as entrepreneurial wealth. The course is distinguished from public sector initiatives to address social problems. Student teams are expected to develop a plan to launch a societal wealth generating business. The preference is for them to begin the course with already conceived ideas for entrepreneurial solutions to social problems. They may also join a team to work on a project proposed by a student who already has a business idea.

  • MGMT893 - Advanced Study Project for Entrepreneurial Management