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Baylor University PhD in Entrepreneurship


Please see the announcement below regarding Baylor University’s new PhD program in entrepreneurship. I joined the Baylor faculty this summer and will be heavily involved with this PhD program. Entrepreneurship is a standalone department at Baylor, not part of the economics or management departments, and students and faculty have a great deal of autonomy in choosing research topics. The academic field of entrepreneurship is very friendly to Austrian economics, and figures like Mises, Hayek, and Kirzner, as well as Knight and Schumpeter, are regarded as seminal thinkers in the field. (This article and this lecture provide some details.) Baylor’s entrepreneurship faculty are largely pro-market and supportive of Austrian themes and concepts. Baylor itself has a very strong reputation in entrepreneurship (the school ranks #4 in the 2016 Princeton Review list of undergraduate entrepreneurship programs), which should help graduate students in finding academic placements. On the whole, this program should provide an excellent option for students interested in doctoral work in Austrian economics in preparation for an academic career.

Please contact me with questions. The application deadline is January 15, 2016.

The Department of Entrepreneurship at Baylor University's Hankamer School of Business is currently accepting applications for the Ph.D. program in Entrepreneurship. The application deadline is January 15th, 2016 to receive full consideration for admission and accepted students will begin their studies in the fall of 2016.

The doctoral program builds on Baylor’s long standing tradition as a leader in entrepreneurship and equips students with the skills to conduct rigorous research that meaningfully advances the discipline, eventually launching high-impact careers as faculty members at leading universities. Although the primary focus is on entrepreneurship, students are afforded a secondary area in strategic management.

Selected students work closely with faculty members to develop deep knowledge of the field of entrepreneurship and an appreciation for theory, research methodology, and the publication process. Doctoral candidates are afforded the opportunity to generate and publish research with faculty mentors and receive active support in facilitating their own research. Faculty include Kendall Artz, Ray Bagby, Peter Klein, Les Palich, Steve Bradley and Matthew Wood. Their research has regularly appeared in top journals such as Journal of Business Venturing, Entrepreneurship Theory and Practice, Academy of Management Journal and Strategic Management Journal.

The Ph.D. in Entrepreneurship uniquely emphasizes excellence in teaching. Students take required courses in pedagogy and take part in phased mentorship that builds teaching skills.

The program is a full time four-year residency program.  Tuition remission, a competitive annual stipend (among the highest in the field), support in attending key conferences in entrepreneurship and competitive summer research grants from the Baugh Center for Entrepreneurship and Free Enterprise.  Students will also have opportunities to connect with initiatives such as LAUNCH Innovative Business Accelerator at the BRIC (Baylor Research & Innovation Collaborative).

The Department of Entrepreneurship is housed in the new state of the art Paul L. Foster Campus for Business and Innovation.

Information, including the online application is available at http://www.baylor.edu/business/entrepreneurship/phd/.

Please contact Dr. Matthew Wood, director of the doctoral program or email info_ent_phd@baylor.edu if you know of high potential candidates or if you have questions about this exciting program.  


Contact Peter G. Klein

Peter G. Klein is Carl Menger Senior Research Fellow of the Mises Institute and W. W. Caruth Chair and Professor of Entrepreneurship at Baylor University's Hankamer School of Business.

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