In recent decades, business schools have become important
components of higher education throughout the world. Yet,
surprisingly, they have received little serious attention. This
book provides a sober and evidence-based assessment, charting the
history and character of business schools in the light of current
debates about the role of universities and the evolution of
advanced economies. Previous commentators have viewed business
schools as falling between two stools: lacking in academic rigour
yet simultaneously derided by the corporate world as broadly
irrelevant. However, over-concern with criticism risks ignoring the
benefits of reform. What business schools need is reconfiguration
based on new relationships with academia and business. Such change
would deliver institutions that are truly fit for purpose, allowing
them to become key players in the 21st century's emergent knowledge
societies. This timely critique should be read by academics and
policy-makers concerned with the present state and future
development of business education.
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