There is growing recognition worldwide that traditional graduate engineering education neither fits the engineering innovation process necessary for competitiveness in the global economy nor reflects the way that graduate engineers and technologists learn and develop as professionals, innovators, entrepreneurs and leaders in industry. In today's global economy, engineering innovation is recognized as a continuous, systematic needs-driven process, which is highly dependent upon the provision for lifelong learning, growth, and development of the nation's graduate engineers and technologists in industry beyond their entry-level undergraduate baccalaureate preparation. Because of profound changes in engineering practice for real-world innovation, a transformation is underway in the U.S. Science and Engineering (S&E) innovation system. A concurrent, nonlinear model of needs-driven systematic engineering innovation, which is supported by directed scientific research, is replacing the sequential, linear research-driven model of engineering innovation. Graduate education must be responsive to this change and must build a new type model of in-service graduate professional education which reflects the substantial changes and characteristics of the engineering innovation process itself, and the stages of lifelong growth, professional dimensions, and leadership responsibilities associated with the modern practice of creative engineering in a knowledge-based, innovation-driven economy. Whereas traditional research-based graduate engineering education and teaching have resulted during the last three decades as a byproduct of the linear research-driven model of innovation, a new model of graduate professional education has been developed which focuses on lifelong professional education for emerging and experienced engineering leaders in industry as creative problem-solvers, technical program makers, technology policy makers, and leaders in the modern context of engineering practice for creative technology development and innovation.