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I returned to Kent State University for a Doctorate in the early 1980s. It was a changing time in global business and American corporate structure. The Kent Ph.D. in Business Administration was also in transition. The program was among the first doctoral degrees offered by a charter member of the AACSB and was based on the intense coursework requirements of the former Doctor of Business Administration program originally patterned after the degree offered at the Harvard Business School. But, more recently the program had also adopted the rigors of a newly designed Ph.D. program now patterned after the degrees earned by most of the faculty at their own Chicago, Big Ten or related alma maters. Those of us who completed degrees at this transitional time, were subjected both to the intense and varied coursework of the non-research legacy and to the rigors of a research degree newly intended by an ambitious faculty increasingly focused on scientific research. Inspired by contemporary advancements in capital market efficiency concepts, corporate strategy concepts and computer-based economic modeling, I became the student of Arlyn Melcher. He patiently guided me in a study of Corporate Policy and Business Strategy and he imparted the values and rigors of his own training in economics at UCLA and the University of Chicago. I am forever grateful to Arlyn Melcher and other very fine teachers in the Department of Administrative Sciences (among the worldwide leaders of the field at the time). With utmost patience and generosity, they guided me through the best economic thinking of the time. The Kent program remains dedicated to rigorous grounding in economics and quantitative methods. In completing my Ph.D. courses, I fulfilled all the requirements for an MA in Economics (in passing) and all of the courses required to sit for doctoral qualifying exams in Organizations; Corporate Policy and Business Strategy; and Marketing and International Economics. I chose to sit for and pass the exams in Organizations and Marketing. While a candidate for the Ph.D., I received the Glueck Prize for the Best Paper in Business Policy and Strategy at the National Meetings of the Academy of Management. Within a year, I then received a degree on the completion of my dissertation, 'Corporate Strategies for Competitive Advantage.' Kent State University, 1989  |
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