Mark P. Rice is the Frederic C. Hamilton Professor for Free Enterprise at Babson College and also Professor of Technology Entrepreneurship at the Olin College of Engineering. Dr. Rice is co-author of Radical Innovation: How Mature Companies Can Outsmart Upstarts, which was published by Harvard Business School Press. His research on corporate innovation and entrepreneurship has been published widely in academic and practitioner journals including Organization Science, R&D Management, Journal of Marketing Theory and Practice, IEEE Engineering Management Review, Academy of Management Executive, and California Management Review. Rice consults and teaches in the areas of innovation management, entrepreneurship, technology strategy, and new business incubation.
From 2001 – 2007, Professor Rice served as the Murata Dean of the F. W. Olin Graduate School of Business at Babson College. During his tenure as Dean he held several leadership roles in the Association for the Advancement of Colleges and Schools of Business, including chair of the Pre-Accreditation Committee; vice chair of the Strategic Directions Committee; and member of the Nominating Committee. He has been a frequent speaker at AACSB Deans’ conferences.
Professor Rice previously served as director of the nationally recognized RPI Incubator Program and as co-founder and director of the Severino Center for Technological Entrepreneurship at Rensselaer Polytechnic Institute. He has been a director and chairman of the National Business Incubation Association, which honored him in 1998 with its Founder’s Award. With Dr. Jana Matthews, he co-authored Growing New Ventures -- Creating New Jobs: Principles and Practices of Successful Business Incubation.
Before returning to academia, Professor Rice was an investment broker and the director of mergers and acquisitions for a business brokerage firm. In the late 1970s / early 1980s, Rice was co-founder and President of Power Kinetics, Inc., a solar energy R&D and manufacturing company.
In 2002 Rice received the Edwin M. and Gloria W. Appel Entrepreneurship in Education Prize. Dr. Rice holds B.S. and M.S. degrees in Mechanical Engineering and a Ph.D. in Management from Rensselaer Polytechnic Institute.
