Newswise — Babson College, ranked No. 1 for entrepreneurship, has announced the appointment of William B. Gartner as its first Bertarelli Foundation Distinguished Professor of Family Entrepreneurship—generously endowed by the Bertarelli Foundation through a substantial gift to the college.

Building on Babson College’s long history of educating family entrepreneurs and advancing the study of family entrepreneurship, Professor Gartner will lead a multi-disciplinary approach to teaching and studying family entrepreneurship with an emphasis on expanding the entrepreneurial mindset and skillset across generations to ensure family entrepreneurs are equipped to create economic and social value in any context.

Gartner is universally recognized as a thought leader and leading scholar in the area of entrepreneurship, published across a variety of publications including Entrepreneurship Theory and PracticeAcademy of Management Review, Small Business EconomicsJournal of Business Venturing, and many more. He will be a tenured full professor in Babson’s Entrepreneurship Division.

“We are pleased to welcome Professor Gartner as Babson’s first Bertarelli Foundation Distinguished Professor of Family Entrepreneurship,” said Babson College President Kerry Healey. “For nearly a century, Babson has been at the forefront of educating entrepreneurial families and providing research and programming to help family enterprises achieve continued growth and innovation. Thanks to the generosity of the Bertarelli Foundation, Professor Gartner’s globally-recognized thought leadership in entrepreneurship, and Babson’s ongoing investments in this field, we will continue to make great strides in supporting entrepreneurial business families.”

Family businesses were the core of Babson’s founding mission in 1919 and, today, 40 percent of the school’s undergraduate students and 70 percent of full-time MBA students hail from family enterprises. In 2005, Babson was the first to launch a global research study focused on entrepreneurship in families. Through the Successful Transgenerational Entrepreneurship Practices (STEP) Project, Babson has convened and collaborated with 35 academic affiliates and 175 scholars to publish 11 books and 120 cases focused on family entrepreneurship across generations.

“I am thrilled to be at the No. 1 institution for entrepreneurship in the world, around colleagues who are leaders and pioneers in entrepreneurial research and teaching, and working with students who have a great reputation as creative organizers,” said Gartner. “Family business is an exciting area of entrepreneurship. As Babson’s mission and vision is global, and the college was founded on the principles of family business, I am excited to explore the various ways that families serve as the foundation for entrepreneurial activity all around the world.”

Ernesto Bertarelli '89 said: “In establishing this Chair, our aim is to enable new avenues of research and thought in an area of scholarship that is central to successful entrepreneurship and to how future family business leaders adapt to an ever-changing world. We are delighted that, in Professor Gartner, Babson College has a world class academic who, as the first Bertarelli Foundation Distinguished Professor, will challenge orthodox approaches and build a team to help lead Babson forward in this vital field.”

William B. Gartner

In addition to serving as the Bertarelli Foundation Distinguished Professor of Family Entrepreneurship at Babson College, Gartner is also a Visiting Professor of Entrepreneurship at Linnaeus University in Vaxjo, Sweden. He has served in various academic positions at the University of Virginia, Georgetown University, the University of Southern California, Clemson University, San Francisco State University, ESSEC in Paris, and, the Copenhagen Business School. He is the 2005 winner of the Swedish Entrepreneurship Foundation International Award for outstanding contributions to entrepreneurship and small business research. His book: Entrepreneurship as Organizing was recently published in a paperback edition by Edward Elgar. His scholarship has focused on a variety of topics in the entrepreneurship field: entrepreneurial behavior, the social construction of the future, value creation and appropriation, possibility and failure, “translating entrepreneurship” across cultures and countries, the poetics of exchange, and, the demographics of family entrepreneurship. Gartner received his Ph.D. from the University of Washington in 1982.

About the Bertarelli Foundation

The Bertarelli Foundation was founded in 1998 in memory of Fabio Bertarelli, the father of Ernesto and Dona. Today, the Foundation is active in those fields that have an historic significance to the family, such as life sciences, marine conservation, education and sport.

Ernesto and Dona are the Foundation’s co-presidents, while their mother, Maria Iris, and Ernesto’s wife, Kirsty, are also Board members.

About Babson College

Babson College is the educator, convener, and thought leader for Entrepreneurship of All Kinds®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought & Action® as the most positive force on the planet for generating sustainable economic and social value.