Foundation For Enterprise Development

Beyster Fellowship-Top Pane

The Beyster Fellowship campaign was launched in 2008 to establish multi-year academic grants focused on supporting research and the integration of teaching materials about the combined principles of technical entrepreneurship, employee ownership, and participative management.

For 30 years, academics in the U.S. and worldwide have studied employee ownership (EO), but most findings are narrowly defined—focused on publicly-held companies for employee stock option plan (ESOP)-based companies, or focused through the lens of microeconomics, accounting, and finance. A broader perspective is required to operate a company where employees are owners and owners are employees. Within a year and a half of inception, the Beyster Fellowship Program includes 7 universities, 15 faculty, 10 doctoral/post-doctoral students, and numerous MBAs from across 20 academic disciplines.

Fellows at The Beyster Institute

Tony Mathews, Developmental Psychology

  • Director of Employee Ownership
  • B.A. in English literature from Loyola University of Los Angeles; M.A. in developmental psychology from UCLA
Martin Staubus

Martin Staubus, Law

  • Director of Consulting
  • B.A. in economics from UC Berkeley; M.B.A. in organizational development from George Washington University, Washington DC; law degree from Golden Gate University, San Francisco, CA
The Beyster Institute at Rady School of Management

Teaching Program Development and Research Initiatives

Developing employee ownership teaching programs and research designed to support five constituents—students, faculty, business leaders of EO companies, employees of EO companies, and professional services.

Fellows at Carnegie Mellon University

Dr. Arthur Boni

Dr. Arthur Boni, Engineering Science

  • John R. Thorne, chair of Entrepreneurship, Tepper School of Business
  • Director, Donald H. Jones Center for Entrepreneurship; Executive director, McGinnis Venture Competition
  • Engineering science/engineering physics

Pamela Bush, Biological Science

  • MBA candidate at Tepper School of Business
  • B.S. in biological sciences from Florida International University and Ph.D. in biological sciences from Carnegie Mellon University

Brendan Hilley, Mathematical Science

  • MBA candidate at Tepper School of Business
  • B.A. in economics from Lehigh University and Graduate Certificate in Mathematical Sciences from Queensland University of Technology

Brian Lappin, Systems Engineering

  • MBA candidate at Tepper School of Business
  • B.S. in systems engineering from University of Pennsylvania
Dr. Lester Lave

Dr. Lester Lave, Economics

  • Harry B. and James H. Higgins Professor of Economics
  • Professor of public policy and management, engineering and public policy; Director of the Green Design Institute; Co-director of the Electricity Industry Center
  • B.A. in economics from Reed College and Ph.D. in economics from Harvard University
Gergana Todorova

Gergana Todorova, Strategy

  • Ph.D. candidate at Tepper School of Business
  • Ph.D. in strategy from Bocconi University, Italy; MBA in finance from San Gallen University, Switzerland and B.A. in economics from Sofia University, Bulgaria
Dr. Laurie R. Weingart

Dr. Laurie R. Weingart, Organizational Behavior

  • Professor of Organizational Behavior, Tepper School of Business
  • B.S. in industrial/organizational psychology from University of Illinois, Urbana; M.S. and Ph.D. in organizational behavior from Northwestern University
Carnegie Mellon Tepper School of Business

Innovative Business Models Based on Shared Value with Teams for High-Growth, Knowledge-Based Industries

Performing a macro-level study of issues related to improving the performance and level of innovation in knowledge-based industries critical to the nation's future. This study will examine capitalization techniques, business models, and employee incentives within an employee-owned structure in the energy and biotech industries. CMU plans to develop cases for MBA-level teaching modules, and to publish at least two papers on the research findings and recommendations.

Fellows at Massachusetts Institute of Technology (MIT)

Deborah Ancona

Deborah Ancona, Psychology

  • Seley Distinguished Professor of Management
  • BA and MS in psychology from the University of Pennsylvania; Ph.D. in management from Columbia University

Elaine Backman, Sociology

  • Research scientist at MIT Leadership Center
  • B.A. in Sociology from University of Nevada; M.A. in Sociology from Stanford University

Dr. Richard Locke

  • Alvin J. Siteman Professor of Entrepreneurship and Political Science
  • Faculty director of the MIT Sloan Fellows Program
  • Co-director of the MIT Italy Program
Joe Hsueh

Joe Hsueh, System Dynamics

  • Doctoral candidate in systems dynamics at MIT Sloan School
  • Master of Public Administration in International Development from John F. Kennedy School of Government at Harvard, M.A. in economics from Queen's University, and B.A. in economics from McGill University in Canada

Hiram Samel, Management

  • Doctoral candidate at MIT Sloan School
  • M.S. in management, MIT Sloan Management, Sloan Fellows
  • A.B. in history from Brown University
Dr. John Sterman

Dr. John Sterman, Researching

  • Jay W. Forrester Professor of Management
  • Director of MIT's System Dynamics Group
MIT Sloan Management

Shared Equity Use for Clean Technology Advancement

Exploring the role and impacts of employee ownership.

MIT Sustainability Initiative focuses on examining business models in emerging clean/green technology companies and the role of alterative ownership models.

MIT Systems Dynamics Center is designing and testing a new "management flight simulator" that incorporates decisions on compensation, financing, and product development for a startup firm in the clean/green technology sector.

MIT Leadership Center is exploring the relationship between employee ownership and distributed leadership through an intensive five-year study.

Fellows at Rutgers University

Dr. Joseph Blasi

Dr. Joseph Blasi, Sociology

  • Professor of human resource management and labor studies and employment relations
  • Beyster Professor
  • Ed.D. in sociology of organizations from Harvard University

Dr. Edward Carberry, Sociology

  • Assistant professor at the Rotterdam School of Management at Erasmus University
  • Beyster Visiting Professor
  • Ph.D. in sociology from Cornell University
  • Former project director of the National Center for Employee Ownership
Joe Hsueh

Joe Hsueh, System Dynamics

  • Doctoral candidate in Systems Dynamics at MIT Sloan School
  • Beyster Graduate Fellow
  • Master of Public Administration in International Development from John F. Kennedy School of Government at Harvard, M.A. in economics from Queen's University, and B.A. in economics from McGill University in Canada

Pierre Kremp, Sociology

  • Doctoral candidate at Princeton University's Sociology Department
  • Beyster Graduate Fellow
  • M.A. in Sociology from Ecole des Hautes Etudes en Sciences Sociales, B.A. in Economics from University of Paris (Pantheon-Sorbonne)

Dr. Douglas Kruse, Economics

  • Professor in the School of Management and Labor Relations
  • Beyster Professor
  • Research associate at the National Bureau of Economic Research in Cambridge, MA
  • M.A. in economics from the University of Nebraska-Lincoln and Ph.D. in economics from Harvard University
Dr. Fidan Ana Kurtulus

Dr. Fidan Ana Kurtulus, Economics

  • Assistant Professor of Economics, University of Massachusetts, Amherst
  • Beyster Post Doctoral Fellow
  • B.A. in economics from University of Chicago; Ph.D. in economics from Cornell University
Rutgers

Continued Research and Mentoring of New Scholars

Rutgers is home to two of the leading experts on employee ownership and profit sharing, professors Joseph Blasi and Douglas Kruse. This grant will support fieldwork and analysis by a Ph.D. student based at SMLR doing thesis work on employee ownership and a visiting Ph.D. student from another university, or a post-doctoral fellow and a visiting professor to complete a research project under the leadership of Blasi and Kruse. Their work has defined the field, demonstrating the link between shared capitalism and company performance.

Fellows at San Diego State University

Dr. Sandy Ehrlich

  • QUALCOMM executive director of entrepreneurship for the Entrepreneurial Management Center
Dr. Lynn Shore

Dr. Lynn Shore, Industrial & Organizational Psychology

  • Professor of management
  • Doctorate in industrial and organizational psychology from Colorado State University; Ph.D. and M.S in industrial/organizational psychology from Colorado State University; B.A. in psychology from the University of Oregon
Dr. Gangaram Singh

Dr. Gangaram Singh, Industrial Relations

  • Professor and chair, Management Department
  • Co-director for the Center for International Business Education and Research
  • B.Comm. in Business Administration from University of Windsor, MIR in industrial relations, M.B.A. and Ph.D. in industrial relations from University of Toronto, Canada
San Diego State University

Organizational and Equity Practices of San Diego Life Sciences and Technology Companies

Supporting research and teaching module development. The research will focus on impact of employee ownership on a firm's performance by describing differences between adopters and non-adopters and identifying mechanisms through which the value of employee ownership is maximized. The teaching module development will focus on creation of case studies that can be used in the classroom and design of teaching modules to deliver research findings and conclusions to the San Diego life sciences and entrepreneurial communities.

Fellows at Stanford University

Tamara Carleton, Mechanical Engineering - Design

  • Doctoral candidate at Stanford's School of Engineering
  • B.A. in communications from the George Washington University, M.S. degree in Public Relations from Syracuse University
  • Fellow with the Bay Area Science and Innovation Consortium (BASIC)
Stanford Engineering

Evaluating how the values of employee ownership fit into venture-backed culture, from a scientist and engineer’s perspective.

Evaluating how the values of employee ownership would fit into newly formed high-technology companies within the venture-backed culture of Silicon Valley. The goal is to document a set of company values based on principles of employee ownership that would inspire technical entrepreneurs and help them be successful as startup founders or advisors. The study will examine organizational culture from a technologist’s (engineer) perspective.

Fellows at University of San Diego

Dr. Shreesh Deshpande, Finance

  • Associate professor of finance
  • Ph.D. in finance from Pennsylvania State University; M.B.A. from Clarkson University; B.Engg. in mechanical engineering from Birla Institute of Technology and Science

Dr. Frank Partnoy, Law

  • Professor of law
  • B.A. and B.S. from University of Kansas; J.D. from Yale University

Dr. Helder Sebastiao, Entrepreneurship & Innovation

  • Assistant professor of management
  • Ph.D. in entrepreneurship and innovation from the University of Oregon; M.B.A. from San Francisco State University; B.S. in electrical engineering from Northeastern University
University of San Diego

Examining Ownership in the Context of Firm Evolution and Securities and Exchange Commission (SEC) Rule 144a

Supporting two research projects on privately-held firms. The results of the research will include a database of privately-held firms in San Diego; a published, peer-reviewed journal article; and illustrative case studies for use in classroom instruction. Goals are to:

  • Investigate how the composition and scope of ownership changes over a private firm's evolution, and identify the factors influencing those changes.
  • Look at how privately-held firms can benefit from SEC Rule 144a in order to raise capital using private placements.

Academic Research

The FED sponsors inter-disciplinary research focused on how broad-based ownership models motivate employees, improves firm performance, advances innovation, and supports economic development.

image