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Benjamin M. Cole

Business Faculty Profiles

Interim Area Chair, Strategy & Statistics Area
William J. Loschert Endowed Chair in Entrepreneurship
Associate Professor
Strategy and Statistics
Joined Fordham: 2008

General Information:
45 Columbus Avenue, Room 522Interim Area Chair, Strategy & Statistics Area
New York, NY 10023



Benjamin M. Cole, Ph.D., holds the William J. Loschert Endowed Chair of Entrepreneurship at the Gabelli School of Business at Fordham University and currently serves as Interim Area Chair for the Strategy & Statistics Area. His professional accomplishments include:

• Associate Professor (with Tenure) of Strategy & Statistics

• Organizer, Blockchain Disruptor Conference

• Dean’s Award for Impact, 2018

• Dean’s Award for Excellence in Research, 2016

• Gladys and Henry Crown Award for Faculty Excellence, MBA Class of 2015

• Stanley Fuchs Award, MBA Class of 2015

• Dean’s Award for Teaching Excellence, BBA Classes of 2016, 2013 & 2009

• Finalist, Gustavson Best Qualitative Paper Award, International Management (IM) Division, Academy of Management

• Finalist, Douglas Nigh Award for the Best Interdisciplinary Paper authored by Junior Scholar(s), International Management (IM) Division, Academy of Management

• Finalist, INFORMS / Organization Science Dissertation Proposal Competition

• Above and Beyond the Call of Duty Award (2007, 2006), Organization and Management Theory (OMT), Academy of Management

• Outstanding Review Award (2009, 2007, 2006, 2005, 2004), Business Policy and Strategy (BPS), Academy of Management

• Editorial Review Outstanding Reviewer Award, Academy of Management Journal

Dr. Cole uses global research settings to investigate how social factors—such as legitimacy, status, logics and media framings—influence technological innovation, regulatory oversight and economic transactions. He also holds a key interest in the disruptive nature of blockchain on existing industries; he teaches courses on blockchain and strategy. Dr. Cole is the organizer of the Blockchain Disruptor Conference and serves as an external advisor to two blockchain platforms—Sindric, a platform that helps retail and institutional investors develop frameworks for assessing crypto-asset markets, and ConsenSys, the creator of the Ether cryptocurrency and the Ethereum blockchain platform.

Dr. Cole served for three years (2015-2018) as Director of the Full-time Cohort MBA and Professional MBA programs at the Gabelli School. His efforts to innovate in the curricular and co-curricular space were recognized not only by the students, but also in the Gabelli School’s placement in various rankings. The Cohort program gained 47 points in the U.S. News & World Report ranking (2015: #110 | 2018: #63), 37 points in the Poets & Quants ranking (2015: #99 | 2017: #62), 12 points in the Bloomberg BusinessWeek ranking (2015: #72 | 2017: #60), re-entry into the Forbes ranking (2015: unranked | 2018: #70), and a debut in The Economist ranking (2015: unranked | 2018: #92). The Professional MBA program saw a 40 point gain in the U.S. News & World Report ranking (2015: #91 | 2018: #51).

Before entering academia, Dr. Cole lived in Japan for nine years, where he worked as both a translator for a Japanese textbook company and as a corporate representative for Japan’s largest automaker, Toyota Motor Corporation. During that time, he had interactions with representatives of the Ministry of Education, Culture, Sports, Science and Technology (MEXT) and the Ministry of Economy, Trade and Industry (METI), and was involved in preparing materials used in the 1995 Japan-U.S. trade negotiations. He was a key player in introducing the Toyota Hybrid System and the Fuel Cell Hybrid System technologies to the global media and financial community, and acted as simultaneous interpreter for Executive Vice President Akihiro Wada in charge of global technology. He also communicated firm decision-making on foreign direct investment in China, India, Poland, and the U.S., as well as coordinated projects between Japan, Belgium, Malaysia and the U.S. In short, Dr. Cole has personal experience with many of the topics that managers face in this globalized environment. As a bilingual and a former expatriate, Dr. Cole is keenly interested in cross-cultural hurdles to effective management. Dr. Cole earned his B.A. in Japanese Language & Culture from Occidental College, and his M.B.A. (with Distinction) and Ph.D. in Strategy from the Ross School of Business at the University of Michigan.


  • PhD: Strategy, Ross School of Business, University of Michigan
  • Master's: MBA with Distinction, Ross School of Business, University of Michigan
  • Bachelor's: BA, Japanese Language and Culture, Occidental College

Research Interests

  • The social construction of economic exchanges, industry regulation and technological innovation
  • The constructs of status, legitimacy, logics and media framings
  • The opportunities and challenges of the global business environment


  • Julian Friedland & Benjamin M. Cole (2017) "From Homo-Economicus to Homo-Virtus: A System-Theoretic Model for Raising Moral Self-Awareness," Journal of Business Ethics, Forthcoming.
  • Benjamin M. Cole (2015) "Conditional Affiliation Industries: Accounting for the Stability of Portfolio Relations among Specialized Project-Based Firms (PBFs)," Long Range Planning, Vol.49 (6), pp.674-690.
  • Benjamin M. Cole (2015) "Lessons from a Martial Arts Dojo: A Prolonged Process Model of High Context Communication," Academy of Management Journal, 58(2): 567-591 (Finalist, Gustavson Best Qualitative Paper Award (2013); Finalist, Douglas Nigh Award for the Best Interdisciplinary Paper authored by Junior Scholar(s) (2013))
  • Benjamin M. Cole, Brent Horton & Ryan Vacca (2014) "Food for Thought: Genetically Modified Seeds as De Facto Standard Essential Patents," University of Colorado Law Review, 85(2): 313-375.
  • Julian Friedland & Benjamin M. Cole (2013) "Expanding the Motivations for Altruism: A Philosophical Perspective," Journal of Organizational Behavior, Vol.34 (Nov.), pp.1202-1206.
  • Benjamin M. Cole & Preeta M. Banerjee (2013) "Morally Contentious Technology-Field Intersections: The Case of Biotechnology in the United States," The Journal of Business Ethics Vol.115 (July): 555-574.
  • Preeta M. Banerjee & Benjamin M. Cole (2012) “A Study of Biotechnology Start-ups Undergoing Leadership Change: Antecedents of Change and Endogenous Performance Consequences,” Technovation Vol.32 (Sept.- Oct.), pp.568-578.
  • Solange E. Badano, Steven J. Burgermeister, Sidney Henne, Sean T. Murphy & Benjamin M. Cole (2012) “Legitimacy Concerns in Animal Advocacy Organizations during the Michael Vick Dogfighting Scandal,” Society & Animals: Journal of Human-Animal Studies, Vol.22 (2), pp.111-134. (Student-Faculty research project, Global Honors Business Program thesis derivative work)
  • Preeta M. Banerjee & Benjamin M. Cole (2011) “Globally Radical Technologies and Locally Radical Technologies: The Role of Audiences in the Construction of Innovative Impact in Biotechnology,” IEEE Transactions on Engineering Management Vol.58 (2) (May), pp.262-274.
  • Benjamin M. Cole & Preeta M. Banerjee (2010) “Unitary Regulatory Supervision or Multi-Entity Supervision? A Computational Approach to a Numbers Problem in Financial Regulation,” Regulation & Governance Vol.4 (December), pp.435-464.
  • Preeta M. Banerjee & Benjamin M. Cole (2010) “Breadth-of-Impact Frontier: How Firm-level Decisions and Selection Environment Dynamics Generate Boundary-spanning Inventions,” Technovation Vol.30 (July-Aug.), pp.411-419.