CONTRIBUTOR:

Raj Echambadi

AFFILIATION:

TITLE:

President

DEPARTMENT:

INSTITUTION:

Illinois Institute of Technology

BIOGRAPHY:

Raj Echambadi is the current President at the Illinois Institute of Technology. Prior to joining IIT, he served as the Dunton Family Dean of the D’Amore-McKim School of Business at Northeastern University, and the Alan J. and Joyce D. Baltz Professor and the Senior Associate Dean of Strategic Innovation in the College of Business at the University of Illinois at Urbana-Champaign. Echambadi’s major research interests in strategic innovation focus on how firms balance the importance of exploring opportunities found in nascent markets with exploiting opportunities in current markets. His research articles have been published in some of the top business and statistics journals. In 2004, his paper on employee entrepreneurship–describing how senior employees from incumbent companies founded new ventures that then directly competed with those incumbents themselves–won the Academy of Management Journal Best Paper Award. Utilizing principles from his work on innovation, he helped launch iMBA, the online MBA program at Illinois. This program has been hailed by the media as a breakthrough innovation in graduate education. Echambadi is also an accomplished teacher and has received numerous accolades for his teaching. Echambadi received his undergraduate degree in mechanical engineering from Anna University in India and his Ph.D. in Marketing from the University of Houston.