William Baumol is most notable for the amount of successful books and journal articles he has written. His research interests include entrepreneurship and innovation, economic growth, industrial organization, antitrust economics and regulation, and economics of the arts (Experience).
Currently, William Baumol is the "Harold Price Professor of Entrepreneurship and Academic Director of the Berkley Center for Entrepreneurship and Innovation in the Stern School of Business at New York University; and senior economist and professor emeritus at Princeton University" (Experience). He also serves as the advisor to the president and CEO of the Kauffman Foundation.
William Baumol has "twelve honorary degrees and membership in the U.S. National Academy of Sciences, the American Philosophical Society, the Accademia Nazionale Dei Lincei (Italy), and the British Academy. In May of 2009, two Chinese universities, Wuhan University and Zhejiang Gongshang University, named Centers for Entrepreneurial Research in Professor Baumol's honor" (Experience).
In this class we may look into his studies on industrial organization as industry is a large sector of organizations in the past and today. His research may be relevant to out studies of this business type.
Bibliography:
"Experience Faculty & Research." NYU Stern. N.p., n.d. Web. 04 Sept. 2013.
Baumol is one of those few great economsits who have made contributions to many fields. For example, in Monetary Economics there is something called the Baumol-Tobin square root rule to explain the demand for money. He's also known for something called Baumol's Cost disease, which explains why musicians in an orchestra (and faculty at universities) get increasingly expensive over time. This is above and beyond his many contributions to Industrial Organization that you've noted.
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