Community Corner

Joseph R. Blasi Named First J. Robert Beyster Professor of Employee Ownership at Rutgers’ School of Management and Labor Relations



Joseph R. Blasi, a world-leading authority on employee ownership, has been named the inaugural holder of the J. Robert Beyster Professorship of Employee Ownership at Rutgers’ School of Management and Labor Relations (SMLR).

The honor for Blasi, a Professor II in the departments of Human Resource Management and Labor and Employment Relations, was announced at today’s Board of Governors meeting in New Brunswick. The Princeton resident will hold the professorship for a five-year term.

The Foundation for Enterprise Development, established by J. Robert Beyster, a nuclear physicist and entrepreneur, has supported SMLR’s programs for more than 20 years and committed $2 million for the endowed professorship. Beyster, who in 1969 started the San Diego-based Science Application International Corp., was one of the earliest business leaders in the technology industry to pioneer the sharing of profits, equity and stock options with broad groups of employees. Mary Ann Beyster, his daughter, is the president of the foundation.

“The decades-long relationship between the Beyster family and the School of Management and Labor Relations is a testament to the unmatched quality of the faculty’s teaching, research and scholarship, especially in the field of employee ownership,” said Rutgers President Richard L. McCormick. “Professor Blasi and his colleagues have placed the school at the forefront in the growing worldwide network of employee ownership researchers and practitioners supported by the Beysters’ foundation.”

“There could be no better person to serve as the first J. Robert Beyster Professor than Joseph Blasi,” said SMLR Dean David Finegold. “He has been a pioneer in the field of employee ownership, studying it from every angle – historical and contemporary, domestic and international.

“Now he and colleagues are sharing their expertise to educate the next generation of scholars in the field.”

Blasi, who came to Rutgers in 1989, studies employee stock ownership, broad-based stock options, management stock ownership, employee involvement and corporate governance. He has taught such subjects as the social and economic study of the corporation, employee ownership, broad-based stock options, profit-sharing, and the social and economic history of the corporation.

Blasi has written several books, including  A Working Nation (an edited volume with David T. Ellwood, SMLR colleague Douglas Kruse and others; New York, Russell Sage Foundation, 2000) and In the Company of Owners: The Truth About Stock Options And Why Every Employee Should Have Them (New York, Basic Books, 2003). His articles have appeared in the Industrial and Labor Relations Review and the British Journal of Industrial Relations. He was a member of the Institute for Advanced Studies in Princeton, where he was the Mellon Foundation Fellow, and is a Beyster Faculty Fellow at SMLR.

Blasi is a member of the Academy of Management, American Historical Association, American Sociological Association, Labor and Employment Relations Association, National Academy of Social Insurance and Social Science History Association. He earned a bachelor of science degree from the University of Pittsburgh and a doctorate from Harvard University’s Graduate School of Education.


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