Siri Terjesen, Professor of Entrepreneurship at Florida Atlantic University, is set to present "Cronyism vs. Capitalism and the Importance of Understanding the Difference” during the next Human Progress and Flourishing Workshop seminar. The event is scheduled for Friday, March 3, at 10 a.m. at the Challey School of Music's Beckwith Recital Hall.
The event is free and open to all members of the NDSU community and the public. The workshop format includes a 40-minute presentation followed by audience questions. After the presentation, light food and refreshments will be served in the Challey School of Music Atrium.
If you are unable to attend in person, you can register on Zoom.
Terjesen will discuss how capitalism, characterized by private ownership, coordination through markets and decentralization, is blamed for a variety of economic, environmental and social ills. Critiques often confuse capitalism with cronyism, a system of government favoritism toward particular firms. She will show how this confusion harms management research, teaching and practice.
Terjesen is associate dean for research and external relations, founding executive director of the Madden Center for Value Creation and Phil Smith Professor of Entrepreneurship at Florida Atlantic University. She also is a professor at the Norwegian School of Economics in Bergen, Norway.
She is a nationally recognized expert in higher education, strategic management, entrepreneurship and philanthropy. She was nominated by the U.S. President to serve as one of 15 voting directors to the National Board for Education Sciences, which advises the U.S. Department of Education’s Institute for Education Sciences. She is a reviewer for the European Commission’s Horizon 2020 project and the Swedish and Norwegian governments’ higher education agencies, and also an advisor to the World Bank, Kauffman Foundation and a variety of think tanks.
The Human Progress and Flourishing Workshop invites internationally-renowned scholars to present their research on solutions and policies that contribute to opportunity, innovation, and individual and societal flourishing.
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