International Journal of Knowledge Management and Practices

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Co-Creation Of Knowledge Between Business Schools, Business Firms, And Learners


Affiliations
1 Professor and Head, Department of Economics, Alliance University, Karnataka, India
2 Professor, Marketing, Alliance University, Karnataka, India
     

   Subscribe/Renew Journal


Business education is witnessing a well-guarded scrutiny from all the stakeholders. The B-schools are regularly criticised for their irrelevance to the real world business practices. There is no tapering the gap found between academia and business. There is not much fundamental change in bridging this gap. Umpteen models are developed to enhance the effectiveness of business education; very few B-schools really have reached the milestone. Markets are changing faster than marketing. Business strategies taught in the classroom no longer comply with the boardrooms in the realistic corporate world. In this dynamic world of business knowledge, and to apply its wisdom in real time world, there is a requirement for proactive co-creation of knowledge between the business schools, business firms, as well as the student participants as learners. Learn, unlearn, and relearn is the order of the day, and how engaging is the business programme, translating the knowledge into skill-oriented or application-oriented activities, in sync with the real time business world, is the need of the hour. The paper is conceptual, exploring a rich literature review of scholarly research papers. The research is secondary research that scrutinises and analyses different literature, and based on the information acquired from the literature this paper makes a humble attempt to examine knowledge co-creation, in the form of indispensable knowledge, that is interfaced between the B-schools, business firms, and the learners. The paper deals with the inter-dependencies of the 3 components eliciting knowledge transformation

Keywords

B-School Education, Co-Creation of Knowledge and Value, Collaboration of B-Schools and Business Firms
Subscription Login to verify subscription
User
Notifications
Font Size


  • Agrawal, A. (2014). International accreditation of business management courses offered by Indian B-schools.Business Today.

  • Andreeva, T., & Ikhilchik, I. (2011). Application of the SECI model of knowledge creation in Russian cultural context: Theoretical analysis, knowledge and process management (vol. 18, pp. 56-66). Wiley Online Library.

  • Bennis, W., & O’Toole, J. (2005). How business schools lost their way. Harvard Business Review, 83(5), 96-104, 154.

  • Bernard, B., & Tichkiewitch, S. (Eds.). (2008). Methods and tools for effective knowledge life-cycle-management.Springer.

  • Bisoux, T. (2016). Time capsule: A photo history of business education. BizEd AACSB International.

  • Chatterjee, K. (2018). An overview of Indian management education. Jagran Josh.

  • Cheit, E. F. (1985). Business Schools and their critics. California Management Review, 37(3), 43-63.

  • Clineball, S. K., & Clineball, J. M. (2017). The tension in business education between academic rigor and real-world relevance: The role of executive professors. Academy of Management Learning & Education, 7(1), 99-107.

  • Cook, S. D. N., & Brown, J. S. (1999). Bridging epistemologies: The generative dance between organizational knowledge and organizational knowing. Organization Science, 10, 381-400. doi:http://dx.doi. org/10.1287/orsc.10.4.381

  • Cunliffe, A. L. (2001). Managers as practical authors: Reconstructing our understanding of management practice. Journal of Management Studies, 38(3), 351-371.

  • Ferris, W. P. (2002). Students as junior partners-professor senior partners the B-school as the firm: A new model for collegiate business education. Academy of Management Learning and Education, 1(2), 185-193.

  • Friga, R. N., Bettis, R. A., & Sullivan, R. S. (2003). Changes in graduate management education and new business school strategies for the 21st century.

  • Jiang, B., & Murphy, P. J. (2007). Do business school professors make good executive managers? Academy of Management Perspectives, 21(3).

  • Nonaka, L., Takeuchi, H., & Umemoto, K. (1996). A theory of organizational knowledge creation. International Journal of Technology Management, 11, 833-845.

  • Reed, M., & Anthony, P. (1992). Professionalizing management and managing professionalization: British management in the 1980s. Journal of Management Studies, 29(5), 591-613.

  • Thomas, A., & Anthony, P. (1996). Can management education be educational? In R. French & C. Grey (Eds.), Rethinking Management Education (pp. 17-35). London: Sage.

  • Thomas, H., Lorange, P., & Sheth, J. (2013). The business school in the next twenty-first century. Cambridge University Press.

  • Watson, T. J. (2001). Beyond managism: Negotiated narratives and critical management education in practice. British Journal of Management, 12, 385-396.


Abstract Views: 149

PDF Views: 0




  • Co-Creation Of Knowledge Between Business Schools, Business Firms, And Learners

Abstract Views: 149  |  PDF Views: 0

Authors

Sunil Kumar
Professor and Head, Department of Economics, Alliance University, Karnataka, India
Sanjeev Padashetty
Professor, Marketing, Alliance University, Karnataka, India

Abstract


Business education is witnessing a well-guarded scrutiny from all the stakeholders. The B-schools are regularly criticised for their irrelevance to the real world business practices. There is no tapering the gap found between academia and business. There is not much fundamental change in bridging this gap. Umpteen models are developed to enhance the effectiveness of business education; very few B-schools really have reached the milestone. Markets are changing faster than marketing. Business strategies taught in the classroom no longer comply with the boardrooms in the realistic corporate world. In this dynamic world of business knowledge, and to apply its wisdom in real time world, there is a requirement for proactive co-creation of knowledge between the business schools, business firms, as well as the student participants as learners. Learn, unlearn, and relearn is the order of the day, and how engaging is the business programme, translating the knowledge into skill-oriented or application-oriented activities, in sync with the real time business world, is the need of the hour. The paper is conceptual, exploring a rich literature review of scholarly research papers. The research is secondary research that scrutinises and analyses different literature, and based on the information acquired from the literature this paper makes a humble attempt to examine knowledge co-creation, in the form of indispensable knowledge, that is interfaced between the B-schools, business firms, and the learners. The paper deals with the inter-dependencies of the 3 components eliciting knowledge transformation

Keywords


B-School Education, Co-Creation of Knowledge and Value, Collaboration of B-Schools and Business Firms

References