Baylor PhD in Entrepreneurship

by Peter Klein

Baylor University's Department of Entrepreneurship and Corporate Innovation is recruiting candidates for a new PhD program in entrepreneurship. This program could be an excellent fit for someone with interests in institutions, policy, strategy, and organization. The focus is entrepreneurship and innovation but the department has a particular interest in how policy and institutions affect entrepreneurial behavior. Entrepreneurship here should be understood broadly to include many forms of opportunity discovery or creation, innovativeness, decision-making under uncertainty, and related themes, and not just self-employment or new-venture formation. A background in institutional and organizational economics, as well as the usual business fields, would be excellent preparation for our program.

The formal announcement is below. If you have any current or former undergraduate or masters students interested in these areas, and considering an economics or business PhD, please share the links below with them, and direct them to me if they have any questions.

Baylor University, Hankamer School of Business
Department of Entrepreneurship and Corporate Innovation

The Department of Entrepreneurship and Corporate Innovation at Baylor University’s Hankamer School of Business invites applications for the Ph.D. Program in Entrepreneurship. The application deadline for next fall’s entering class is January 15, 2018.

Baylor is consistently ranked among the top ten US entrepreneurship programs by the Princeton Review, US News & World Report, and Businessweek. The Ph.D. in Entrepreneurship is housed within the Department of Entrepreneurship and Corporate Innovation, an independent academic unit offering an undergraduate entrepreneurship major and minor, an MBA concentration, and a variety of special programs. More information on the department is available here:

The doctoral program builds on Baylor’s experience as a leader in the entrepreneurship field to develop the next generation of entrepreneurship scholars. The program emphasizes rigorous and relevant theoretical and empirical research in entrepreneurship and related fields, as well as extensive training in teaching, writing, editing, working with students, and other aspects of academic life. We aim to place our graduates in faculty positions at highly ranked universities and similar institutions. While the primary focus is entrepreneurship, students also receive training in strategic management and organization theory. The Department of Entrepreneurship is also home to the Baugh Center for Entrepreneurship and Free Enterprise, which studies the effects of public policy and institutions on entrepreneurship.

Baylor embraces an apprenticeship model in which students work directly with faculty mentors to learn the craft of research and writing. Students are expected to publish in leading journals, in collaboration with faculty mentors, during their PhD training. Entrepreneurship faculty include Kendall Artz, Daniel Bennett, Ray Bagby, Peter Klein, Boris Nikolaev, Les Palich, Steve Bradley, and Matthew Wood. Their research appears in top journals such as the Journal of Business Venturing, Entrepreneurship Theory and Practice, Strategic Entrepreneurship Journal, Academy of Management Review, Academy of Management Journal, Strategic Management Journal, and Organization Science.

The program is a full-time, four-year residency program.  Support includes tuition remission, a competitive annual stipend (among the highest in the field), resources for 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 the Baylor Angel Network, the Baylor Research and Innovation Collaborative (BRIC) incubator, the LAUNCH accelerator, and other programs. The Department of Entrepreneurship is housed in the state-of-the-art Paul L. Foster Campus for Business and Innovation, opened in 2015.

Further information about the Ph.D. in Entrepreneurship, including the online application, is available at

Contact Ph.D. Director Peter G. Klein at for questions or more information.