LaRue T. Hosmer, professor emeritus of corporate strategy at the Stephen M. Ross School of Business, died Feb. 23 at the age of 86.
Hosmer was a member of the Ross faculty community and a visionary educator. He pioneered entrepreneurial education at Ross and was a leading expert on new ventures, writing business plans, and business ethics. The book he co-authored in 1977, “The Entrepreneurial Function: Text and Cases on Smaller Firms,” was a seminal work in the field.
A World War II Marine Corps veteran, Hosmer embodied the Michigan Ross mission of developing leaders who make a positive difference in the world. He taught the first section of Entrepreneurial Management in 1971, his approach formed by his own experience as the founder of a business. He also introduced a course in managerial ethics in 1988.
Hosmer was a great believer in interdisciplinary work, and created the Hosmer Faculty Luncheons (now known as the Hosmer-Hall Interdisciplinary Research Luncheons) as a way for all Ross faculty members to meet, showcase research, and promote new collaborations.
Though he retired from Ross in 1996, he remained active teaching and writing. His most recent book, “Avoiding Corporate Breakdowns: The Nature and Extent of Managerial Responsibility,” was published last year.
Hosmer’s father was one of the first professors at Harvard Business School, and his mother graduated from Wellesley College. He earned his bachelor’s degree, master of business administration and Ph.D. from Harvard.
The family requests donations in his name to the educational nonprofit of your choice.
— Submitted by Alison Davis-Blake, dean, Stephen M. Ross School of Business