In 1970 inflation wasn’t excessive but it was becoming a problem. It worried many Americans, including those facing re-election in 1972. The annual inflation rate in the United States was only 5.7 percent, according to the U.S. Bureau of Labor Statistics.
From the Ground Up
More than four decades ago, Baylor became one of the nation’s first universities to establish an entrepreneurship center. It quickly became the focal point for entrepreneurial development at Baylor, building new curriculum, conducting research and acquiring additional resources.
Today, the Baylor Department of Entrepreneurship and Corporate Innovation within the Hankamer School of Business is dedicated to the study, teaching and practice of new venture creation and growth.
U.S. News & World Report ranked Baylor’s undergraduate entrepreneurship program as the nation’s eighth-best last fall, ahead of the University of North Carolina at Chapel Hill and the University of Southern California.