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(PDF) (DOC) (JPG)September 30, 2015

MAHWAH, N.J. – Noted author and researcher Peter G. Klein will discuss “Entrepreneurship in a Market Economy: What Business Students Need to Know” at the tenth annual Sebastian J. Raciti Memorial Lecture and Reception at Ramapo College of New Jersey on Wednesday, October 21. The event, which will be held in the Trustees Pavilion at 6:45 p.m., is free and open to the public. The Raciti Memorial Scholarship will be awarded to a Ramapo College economics major prior to the lecture.

Klein is professor of entrepreneurship at the Hankamer School of Business at Baylor University and Senior Research Fellow with Baylor’s Baugh Center for Entrepreneurship and Free Enterprise. He also is adjunct professor of strategy and management at the Norwegian School of Economics and Carl Menger Research Fellow at the Mises Institute. He has held faculty positions at the University of Missouri’s Division of Applied Social Science and Truman School of Public Affairs, the Copenhagen Business School, the University of Georgia’s Terry College of Business and Washington University’s Olin Business School. Klein is an honorary professor at the Beijing University of Information Science and technology. He holds a Ph.D. in economics from the University of California, Berkeley and a B.A. from the University of North Carolina, Chapel Hill.

Klein’s research focuses on the links between entrepreneurship, strategy and organization, with application to innovation, diversification, vertical coordination, health care and public policy. His work has appeared in Organization Science, Strategic Entrepreneurship Journal, Journal of management, managerial and Decision Economics, Strategic Organization, Journal of Industrial Economics and Rand Journal of Economics, among others.

Klein’s 2012 book “Organizing Entrepreneurial Judgment” (Cambridge University Press, with Nicolai Foss) received the 2014 Best Book Award from the Foundation of Economic Education. He also has received Best paper Awards from the Journal of Enterprise Education and the European Management Review.

Funding for this project was provided by the Institute for Humane Studies through a generous grant from the John Templeton Foundation.

The annual event was established to honor the memory of Sebastian J. Raciti (1934-2003), who, for 31 years, served in various roles that were instrumental in the development of Ramapo College.  Known as Sib, he was a member of the founding faculty and arrived in the College’s second year.

Refreshments will be served at 6:45 p.m.; welcome remarks and presentation of the Raciti Memorial Scholarship is at 7:15 p.m.; lecture begins at 7:30 p.m.

Those unable to attend may view the lecture which will be streamed live by accessing The Sabrin Center Website

For disability-related accommodations and more information, please contact or at 201-684-7373.



Ramapo College of New Jersey is the state’s premier public liberal arts college and is committed to academic excellence through interdisciplinary and experiential learning, and international and intercultural understanding. The College is ranked #1 among New Jersey public institutions by College Choice, and is recognized as a top college by U.S. News & World Report, Kiplinger’s, Princeton Review and Money magazine, among others. Ramapo College is also distinguished as a Career Development College of Distinction by, boasts the best campus housing in New Jersey on, and is designated a “Military Friendly College” in Victoria Media’s Guide to Military Friendly Schools.

Established in 1969, Ramapo College offers bachelor’s degrees in the arts, business, humanities, social sciences and the sciences, as well as in professional studies, which include business, education, nursing and social work. In addition, the College offers courses leading to teacher certification at the elementary and secondary levels, and offers graduate programs leading to master’s degrees in Accounting, Business Administration, Educational Technology, Educational Leadership, Nursing, Social Work and Special Education.


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