MBAs specifically teach knowledge which is not applicable to starting a new business. Empirical research is done on scaled businesses by definition so they often learn how to scale things once a bunch of foundations have already been set. Hence why a lot of people end up employed at big corporations—they can’t apply their skillsets to something much smaller.
But you can also learn about scaling by getting a position as a middle manager or lead in development and your knowledge would be more applicable.
If your goal is to start something but you don’t feel ready to just jump in (which I think you should do), you would get more value out of a program focused on designing a product which meets a demand like “Design Innovation” or industrial design. Not only for the applicable practice with your engineering skills but for the network.
To be clear: not saying you should do this. I would just start the thing. There are tons of incubators that can bridge the gap for you.
This is wonderfully useful. Thank you.