Business schools have a peculiar problem. Their research seldom influences practice. And, managers aren’t always able to turn their practice into theory. The result: Lack of a robust system of producing new knowledge that is useful and relevant. This isn’t a new problem per se. Nor is it restricted to India.
Across the world, the growing gulf between academia and practice is a matter of concern. Faculty across most business schools in the world spend a significant part of their life on research. Almost all the work that is published in management journals ends up addressing arcane topics that are
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