Peter G. Klein

W. W. Caruth Endowed Chair
Baylor University Hankamer School of Business

Peter G. Klein is the W. W. Caruth Endowed Chair, professor of entrepreneurship, and chair of the Department of Entrepreneurship and Corporate Innovation at Baylor University’s Hankamer School of Business, and an academic affiliate of the International Center for Law & Economics. He also directs the Baugh Center’s Free Enterprise Initiative, serves as an adjunct professor of strategy and management at the Norwegian School of Economics, and is a Carl Menger Research Fellow at the Mises Institute.

Klein’s research examines the links among entrepreneurship, strategy, and organization, with applications to innovation, diversification, and public policy. His work focuses particularly on organizational economics and the theory of the firm.

He has held faculty appointments at the University of Missouri, the University of Georgia, Copenhagen Business School, and Washington University in St. Louis, and earlier taught at the University of California, Berkeley. He also served as a senior economist with the Council of Economic Advisers.

Klein is the author or co-author of several books, including “Why Managers Matter: The Perils of the Bossless Company” (with Nicolai Foss), “Organizing Entrepreneurial Judgment,” and “The Capitalist and the Entrepreneur.” He has also edited or co-edited volumes including “Entrepreneurship and the Firm” and “The Elgar Companion to Transaction Cost Economics.”

His distinctions include the Foundation for Economic Education Best Book Prize for “Organizing Entrepreneurial Judgment,” multiple best-paper awards in management and entrepreneurship research, and an honorary professorship at the Beijing University of Information Science and Technology.

He earned a Ph.D. in economics from the University of California, Berkeley, and a bachelor’s from the University of North Carolina at Chapel Hill.