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Research in Indian Business Schools: 
Challenges and Future Directions 
ANUP K. SINGH, PH.D.
Living in the Knowledge 
Economy 
 The 21st century is characterised by the knowledge economy 
which, in turn, requires higher level thinking, problem solving, 
communication, creativity and innovation skills along with 
advanced knowledge 
 In order to thrive today, one needs higher education, especially in 
fields which are market-linked. Availability of managerial 
manpower is a strong indicator of the competitive knowledge 
economy. World Economic Forum includes good management 
schools in computing the competitiveness of nations 
 In recognition of higher education as a lever of the knowledge 
economy, the Government of India constituted National 
Knowledge Commission in 2005 under the Chairmanship of Sam 
Pitroda. The Commission recommended major changes in the 
system of higher education, including management education 
 In the last two and a half decades, management education in 
India has grown by leaps and bounds. Today India has almost 
3,500 B-schools under different governance systems. This makes 
India the second largest provider of MBA education, after the 
United States 
 By all counts, management education will prosper in the future. 
The existing b-schools are increasing their seats, while new b-schools 
are also being increasingly established 
 While business education has emerged as the darling of the youth, 
there are a host of issues about its relevance, utility, theoretical 
foundations, and research-oriented knowledge base
Our Past Legacy 
 India was a poor country, devoid of scientific, technical and managerial resources. With 
its limited resources, it focussed on industrial production than knowledge development. 
Although several national institutions of higher learning were created in the 60s and 70s, 
they excelled in attracting the brightest and best minds rather than in conducting world 
class research 
 It followed a path of borrowed knowledge by buying technology rather than developing it. 
It imported “Know-how”. Although we depended on western know-how, we did not 
emulate their knowledge creation institutions and processes 
 The Government got research done through the CSIR labs and other centrally established 
organisations rather than getting it done through universities and other educational 
institutions 
 As her scientific and technical manpower grew, India focussed on research and 
development for import substitution 
 Indian companies followed almost the same model and invested a minuscule in research. 
They preferred to buy technology rather than to develop it 
 The same trend can be observed in management education. We brought or bought 
American texts and instructional materials 
 Our higher education is generally delivered in English. However, the effective teaching of 
English in primary and secondary education is restricted in certain pockets. Poor 
command over English language further weakened thinking and writing further reducing 
research productivity 
 Professional associations also implicitly followed the model of import know-how and did not 
vigorously promote and argue for knowledge creation and strengthening scholarship in 
the institution of higher learning 
 Some Indian authors wrote Indian text which were more like “import substitution” than 
being original and different, as there was weak knowledge base available 
 It not clear that we cannot live with our past legacy if India wants to be active player in 
the International arena and be among leaders in the knowledge economy. Higher 
activities in research and development sector are closely associated with the knowledge 
economy
Purpose of Institutions of 
Professional Education 
 Provide Instruction and Training 
 To advance Knowledge 
 The former leads to technical capital, while 
the latter is conducive to intellectual capital 
 Technical capital is essential for performance 
of an existing high skill job. It enhances the 
employability of an individual as well as fulfills 
the manpower needs of the corporate world. 
On the other hand, intellectual capital is a 
sine qua non for innovation which contributes 
to technological and economic 
development of the society 
 As a corollary, a faculty member has the 
core responsibilities of teaching and research
Public Vs. Private Good In 
Professional Education 
 Provide Instruction and Training (Private Good) 
 To advance Knowledge (Public Good) 
 However, can any b-school worth its salt afford to 
neglect research?
The Triangle of Individual, 
Industry and Society 
Individual 
Management 
Education 
And 
Research 
Industry Society
Research in Business 
Education 
 Just as there are host of issues about business education, 
research is also questioned on practical, theoretical, and 
methodological relevance, rigour, and effectiveness 
 The amount of research output is too little. We need more 
quantity and quality 
 There is dearth of good business doctoral education. 
Hence, poor research and writing skills among existing 
faculty members. There is a vicious cycle of lack of trained 
researchers resulting in poor business doctoral education 
that, in turn, results in non-availability of trained faculty 
members 
 Furthermore, most research produced in India hardly 
meets international standards, as there is less networking 
with International associations and research centres 
 The proportionate investment in higher education in the 
recent years has gone down. Although there is some 
funding for science subjects, grants for social science and 
management subjects have virtually dried up 
 At best there is sporadic research activity in form of 
doctoral theses or internally-funded small projects. There 
is a dearth of research centres, programmes and networks.
Dilemma for Private B-Schools 
 Almost 80% institutions of management education on all 
India basis are in the private sector. They are self-financing 
and do not receive any type of grant from state or central 
government 
 Most of the schools are small in size and operate with 
limited budgets and faculty resources. They find it even 
difficult to deliver instruction effectively 
 They are under continuous pressure to reduce cost 
 The corporate world that is main beneficiary of 
management education hardly contributes financially to 
such schools. The Interface is one-sided where b-schools 
run after the industry for placement of their students 
 As a result, they cut corners on research rather than on 
instruction and interface with the industry. Schooling takes 
precedence over scholarship. They end up reconciling 
with mediocrity and poverty of scholarship 
 Government, which is chiefly responsible for public good, 
is starved for fund for research. Furthermore, it has 
suspicion about private sector institutions. Consequently, it 
does not fund them
Need for Research In B-Schools 
 Research is the very essence of institutions of higher learning 
 It generates intellectual capital. As a result, it helps in achieving 
societal objectives of knowledge creation and innovation 
 By doing research, an institution goes beyond students and relates to 
other constituencies, like business organisations, government 
organisations and peer organisations. Business schools need to do 
research to help corporate organisations manage their affairs more 
effectively 
 It brings reputation to the school. The curriculum of most B-schools is 
alike. They differ to some extent in its delivery through differentiation in 
faculty and pedagogy. Hence, competitive advantage emanates 
from research too large extent and through industry interface to some 
extent 
 Research also assists a school in attracting talent – both faculty and 
student. After all, academic excellence is about good minds 
contributing to technical and intellectual capital 
 Although research may be resource guzzler, it also creates resource by 
mobilising public fund, increase in tuition fees and action research 
 Unless a school itself is quite active in research, it cannot promote 
attitude and aptitude of research among students which are highly 
desirable in the knowledge-based organisations 
 B-school can promote think tank to address the specific policy needs of 
the society
Forms of B-Schools in India 
 Centrally funded B-schools (Mostly 
independent educational institutions, 
like IIMs, IIFT, IIFM) focussing on 
graduate and doctoral education 
 State funded B-schools, (mostly 
located in a university system) 
focussing on undergraduate, 
graduate and doctoral education 
 Private non-profit B-schools, (MDI, 
Nirma, BITS) focussing on graduate 
and doctoral education 
 Private for-profit B-schools focussing on 
graduate education
Differentiating Between Research- 
Oriented and Teaching-Oriented 
B-Schools 
 Do you have an active Ph.D. programme? 
 Do you have an active internally funded research 
programme? 
 What percentage of your budget is dedicated for 
research? 
 Do you have competent research faculty 
members who regularly take up research project 
and publish in reputed journals?
Discipline-Oriented 
Research 
Disciplined- 
Oriented 
Research 
Practice-Oriented 
Research 
Instruction- 
Oriented 
Research 
Figure 1. Three Types of Research in B-Schools
Types of Research: Comparison 
and Contrast 
Dimensions Disciplined-oriented 
Research 
Practice-Oriented 
Research 
Instruction-Oriented 
Research 
Academic Acceptance High Medium Low 
Instructional Excellence Medium High High 
Cost High Low Low 
Time Framework Long-term Medium-term Short-term 
Public Support Needed High Low Low 
Corporate Interface Low to Medium High High to Medium 
Educational Training Available Partially Available Not Available 
Possibility of 
High Low Low 
Publication 
Possibility of 
Internal Support 
Low Medium High
Difference Between Research 
and Consulting 
Research Consulting 
Knowledge Creation Knowledge Application 
Academe Professional 
Long-term Short-term 
Theory Building Problem Solving 
Process Project 
Cost Centre Profit Centre 
Public Good Private Good
Societal Norms, 
Values, and Resources 
Institutional 
Mission 
Leadership 
Intellectual 
Capital 
Faculty Group 
Resources 
PMS 
Rewards & Incentives 
To Faculty 
Networking Among 
Institutions 
Incentives 
to 
Institutions 
For 
Research 
Industry 
Institution 
Interface 
Quality 
Of Higher 
Education 
Eco-System Model of Research in B-Schools
Four Stages in Research Excellence In B-Schools 
Integrated Research 
(50% Focus on Instruction, 50% on Research) 
Internal Research 
(70% Focus on Instruction, 30% on Research) 
Doctoral Research 
(80% Focus on Instruction, 20% on Research) 
Wishful Thinking 
(100% Focus on Instruction)
Roadblocks for Research in 
Indian Business Schools 
 Lack of internal and external research 
funding 
 Lack of institutional expectations and 
incentives 
 Unprofessional professional bodies 
 More of repetitive research rather than 
creative research 
 Deficient research skills 
 Poor writing and lack of motivation of publish 
 Absence of culture of debate and discussion 
 Lack of interface with corporate world
What Is Plaguing Doctoral 
Education? 
 B-Schools are more committed to instruction than research 
 Most doctoral students go for doctoral education as an alternative 
channel of entry into the corporate world (And they get well paid 
for it!) 
 Most doctoral programmes lack advanced courses, leading to 
poor understanding of research in different fields of enquiry 
 While quality parameters for MBA education are well-defined, 
quality standards for doctoral education are absent, resulting in 
poor planning, monitoring and review 
 Lack of fellowships and contingency grants 
 Doctoral research has been too theoretical and less industry-focussed. 
Further, little support from industry for grant, data 
collection, and sharing of information 
 A small chunk of doctoral theses result in publications 
 Quality of supervision remains a question mark in most cases 
 Part-time research is generally more ornamental than a significant 
contribution to advancement of knowledge. More of qualification 
rather than training for future research
Criteria for Good Research: 
Converged Views of 
Researchers and Practitioners  Critical problem surfaced 
 Clear purpose 
 Coherent writing 
 Credible data sources 
 Objective, unbiased 
 Provides conceptual frameworks 
 Original, innovative 
 Generalizable beyond context 
 Challenges current assumption 
 Recommendation supported by data 
 Valid premises 
 Lots of good ideas
Management As A 
Profession 
 Management is practice-based. However, it does not require license like 
other professions. Management students thus not only need advanced 
knowledge but also necessary skills, attitude, and ethical standards. 
Management education has to be closely rooted in practice through 
experiential exercises, problem-oriented projects in industry, practice study, 
block field projects and internships 
 One should also realise that practice in management practices are not as 
standardized as practices in other professions like medicine and law 
 Management academe consists of less practitioners and more 
academicians unlike other professions that consist of more practitioners and 
less academicians 
 It is multi-disciplinary in nature. Some discipline are more academic, while 
others are more practice-based. As the managerial work is unified, 
management academe needs to be cross-functional 
 Management is anchored in practices of various business organisations. 
Therefore, the academe has to have in-depth knowledge of certain 
industries 
 The end-users of management education are quite varied and diverse. 
Management students consequently need global education but they also 
need cases and exercises based on organisations in varied industries 
 For advancement of management education, both disciplinary and 
practice-based knowledge is important. Management practices are 
continuously evolving and there is a need to have new teaching resources 
 Management education has certain disciplines which are more universal, 
while other subjects are more local in nature. Especially theories in 
behavioural sciences need to be tested for their cross-cultural validity
Contd… 
 Managers require both analytical and 
people skills to be successful on the job. 
Analytical skills are easier to teach, while 
people skills are difficult 
 They need to learn from past but work for 
future which is uncertain. As a result, learning 
to learn is critical for managerial success. 
How to teach this competency? There is no 
proven way 
 Pedagogical needs of different courses are 
different. But generally they tend to be 
taught in the same way. 
 The research techniques, types of data and 
unit of analysis of different fields of 
management also differ. Hence it becomes 
very difficult to do cross-functional research
Criticality 
Utility 
Creative 
Thinking 
Validity 
Generalizibility 
Theory 
Building 
Practical 
Relevance 
Theoretical 
Relevance 
Methodological 
Relevance 
Relevant and Rigorous Research
Strategies For Promoting 
Research 
 Clarify your mission/mandate and pursue it 
vigorously and systematically 
 Introduce and strengthen doctoral programme 
 Initiate internal discussion forums for sharing research 
and knowledge 
 Provide reasonable seed money for internal 
research 
 Increase budget for domestic and international 
conferences 
 Earmark time to faculty members to do research 
 Identify some faculty members who will be 
trailblazers of external research 
 Recognise and reward faculty engaged in research 
activities 
 Manage, monitor and review of research activities in 
a systematic and effective fashion
Conclusion 
 Most B-Schools have stayed away from research due to lack of fund, 
deficient research culture and reward system. As society benefits from 
research, government has main responsibility to fund research among B-schools. 
However, B-schools serve society by supplying management 
graduates to the industry and by doing research to help organisations 
manage themselves more effectively. Industry has a role in promoting 
research. More importantly, B-schools need to earmark certain amount of 
their budget for research as it helps them increase their reputation and long-term 
effectiveness. 
 There are three types of research and they are intricately related. Those 
schools which cannot do discipline-based research, can focus on instruction-oriented 
and practice-oriented research. More important issue here is 
intellectual contribution and scholarship. 
 Private B-Schools are emerging an important providers of management 
education. They have responsibility to invest a certain amount of their 
resources for research 
 Equally importantly, Government/s need to fund research and invest in 
doctoral fellowships in private business schools. AICTE has done its bit in 
promoting research among B-schools. The private research-oriented 
institutions should be rewarded by allowing higher percentage of overheads 
and faculty salary grants 
 Funding agencies need to identify ten major B-schools in different parts of 
the country and promote research programmes for them for a certain period 
 We need research networks which support and learn from one another. 
 Last but not the least, the importance of individual commitment to research 
is critical. A sapling will not flourish without adequate eco-system; 
conversely, no eco-system can help a sampling if does not possess the right 
stuff.

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Research at B schools

  • 1. Research in Indian Business Schools: Challenges and Future Directions ANUP K. SINGH, PH.D.
  • 2. Living in the Knowledge Economy  The 21st century is characterised by the knowledge economy which, in turn, requires higher level thinking, problem solving, communication, creativity and innovation skills along with advanced knowledge  In order to thrive today, one needs higher education, especially in fields which are market-linked. Availability of managerial manpower is a strong indicator of the competitive knowledge economy. World Economic Forum includes good management schools in computing the competitiveness of nations  In recognition of higher education as a lever of the knowledge economy, the Government of India constituted National Knowledge Commission in 2005 under the Chairmanship of Sam Pitroda. The Commission recommended major changes in the system of higher education, including management education  In the last two and a half decades, management education in India has grown by leaps and bounds. Today India has almost 3,500 B-schools under different governance systems. This makes India the second largest provider of MBA education, after the United States  By all counts, management education will prosper in the future. The existing b-schools are increasing their seats, while new b-schools are also being increasingly established  While business education has emerged as the darling of the youth, there are a host of issues about its relevance, utility, theoretical foundations, and research-oriented knowledge base
  • 3. Our Past Legacy  India was a poor country, devoid of scientific, technical and managerial resources. With its limited resources, it focussed on industrial production than knowledge development. Although several national institutions of higher learning were created in the 60s and 70s, they excelled in attracting the brightest and best minds rather than in conducting world class research  It followed a path of borrowed knowledge by buying technology rather than developing it. It imported “Know-how”. Although we depended on western know-how, we did not emulate their knowledge creation institutions and processes  The Government got research done through the CSIR labs and other centrally established organisations rather than getting it done through universities and other educational institutions  As her scientific and technical manpower grew, India focussed on research and development for import substitution  Indian companies followed almost the same model and invested a minuscule in research. They preferred to buy technology rather than to develop it  The same trend can be observed in management education. We brought or bought American texts and instructional materials  Our higher education is generally delivered in English. However, the effective teaching of English in primary and secondary education is restricted in certain pockets. Poor command over English language further weakened thinking and writing further reducing research productivity  Professional associations also implicitly followed the model of import know-how and did not vigorously promote and argue for knowledge creation and strengthening scholarship in the institution of higher learning  Some Indian authors wrote Indian text which were more like “import substitution” than being original and different, as there was weak knowledge base available  It not clear that we cannot live with our past legacy if India wants to be active player in the International arena and be among leaders in the knowledge economy. Higher activities in research and development sector are closely associated with the knowledge economy
  • 4. Purpose of Institutions of Professional Education  Provide Instruction and Training  To advance Knowledge  The former leads to technical capital, while the latter is conducive to intellectual capital  Technical capital is essential for performance of an existing high skill job. It enhances the employability of an individual as well as fulfills the manpower needs of the corporate world. On the other hand, intellectual capital is a sine qua non for innovation which contributes to technological and economic development of the society  As a corollary, a faculty member has the core responsibilities of teaching and research
  • 5. Public Vs. Private Good In Professional Education  Provide Instruction and Training (Private Good)  To advance Knowledge (Public Good)  However, can any b-school worth its salt afford to neglect research?
  • 6. The Triangle of Individual, Industry and Society Individual Management Education And Research Industry Society
  • 7. Research in Business Education  Just as there are host of issues about business education, research is also questioned on practical, theoretical, and methodological relevance, rigour, and effectiveness  The amount of research output is too little. We need more quantity and quality  There is dearth of good business doctoral education. Hence, poor research and writing skills among existing faculty members. There is a vicious cycle of lack of trained researchers resulting in poor business doctoral education that, in turn, results in non-availability of trained faculty members  Furthermore, most research produced in India hardly meets international standards, as there is less networking with International associations and research centres  The proportionate investment in higher education in the recent years has gone down. Although there is some funding for science subjects, grants for social science and management subjects have virtually dried up  At best there is sporadic research activity in form of doctoral theses or internally-funded small projects. There is a dearth of research centres, programmes and networks.
  • 8. Dilemma for Private B-Schools  Almost 80% institutions of management education on all India basis are in the private sector. They are self-financing and do not receive any type of grant from state or central government  Most of the schools are small in size and operate with limited budgets and faculty resources. They find it even difficult to deliver instruction effectively  They are under continuous pressure to reduce cost  The corporate world that is main beneficiary of management education hardly contributes financially to such schools. The Interface is one-sided where b-schools run after the industry for placement of their students  As a result, they cut corners on research rather than on instruction and interface with the industry. Schooling takes precedence over scholarship. They end up reconciling with mediocrity and poverty of scholarship  Government, which is chiefly responsible for public good, is starved for fund for research. Furthermore, it has suspicion about private sector institutions. Consequently, it does not fund them
  • 9. Need for Research In B-Schools  Research is the very essence of institutions of higher learning  It generates intellectual capital. As a result, it helps in achieving societal objectives of knowledge creation and innovation  By doing research, an institution goes beyond students and relates to other constituencies, like business organisations, government organisations and peer organisations. Business schools need to do research to help corporate organisations manage their affairs more effectively  It brings reputation to the school. The curriculum of most B-schools is alike. They differ to some extent in its delivery through differentiation in faculty and pedagogy. Hence, competitive advantage emanates from research too large extent and through industry interface to some extent  Research also assists a school in attracting talent – both faculty and student. After all, academic excellence is about good minds contributing to technical and intellectual capital  Although research may be resource guzzler, it also creates resource by mobilising public fund, increase in tuition fees and action research  Unless a school itself is quite active in research, it cannot promote attitude and aptitude of research among students which are highly desirable in the knowledge-based organisations  B-school can promote think tank to address the specific policy needs of the society
  • 10. Forms of B-Schools in India  Centrally funded B-schools (Mostly independent educational institutions, like IIMs, IIFT, IIFM) focussing on graduate and doctoral education  State funded B-schools, (mostly located in a university system) focussing on undergraduate, graduate and doctoral education  Private non-profit B-schools, (MDI, Nirma, BITS) focussing on graduate and doctoral education  Private for-profit B-schools focussing on graduate education
  • 11. Differentiating Between Research- Oriented and Teaching-Oriented B-Schools  Do you have an active Ph.D. programme?  Do you have an active internally funded research programme?  What percentage of your budget is dedicated for research?  Do you have competent research faculty members who regularly take up research project and publish in reputed journals?
  • 12. Discipline-Oriented Research Disciplined- Oriented Research Practice-Oriented Research Instruction- Oriented Research Figure 1. Three Types of Research in B-Schools
  • 13. Types of Research: Comparison and Contrast Dimensions Disciplined-oriented Research Practice-Oriented Research Instruction-Oriented Research Academic Acceptance High Medium Low Instructional Excellence Medium High High Cost High Low Low Time Framework Long-term Medium-term Short-term Public Support Needed High Low Low Corporate Interface Low to Medium High High to Medium Educational Training Available Partially Available Not Available Possibility of High Low Low Publication Possibility of Internal Support Low Medium High
  • 14. Difference Between Research and Consulting Research Consulting Knowledge Creation Knowledge Application Academe Professional Long-term Short-term Theory Building Problem Solving Process Project Cost Centre Profit Centre Public Good Private Good
  • 15. Societal Norms, Values, and Resources Institutional Mission Leadership Intellectual Capital Faculty Group Resources PMS Rewards & Incentives To Faculty Networking Among Institutions Incentives to Institutions For Research Industry Institution Interface Quality Of Higher Education Eco-System Model of Research in B-Schools
  • 16. Four Stages in Research Excellence In B-Schools Integrated Research (50% Focus on Instruction, 50% on Research) Internal Research (70% Focus on Instruction, 30% on Research) Doctoral Research (80% Focus on Instruction, 20% on Research) Wishful Thinking (100% Focus on Instruction)
  • 17. Roadblocks for Research in Indian Business Schools  Lack of internal and external research funding  Lack of institutional expectations and incentives  Unprofessional professional bodies  More of repetitive research rather than creative research  Deficient research skills  Poor writing and lack of motivation of publish  Absence of culture of debate and discussion  Lack of interface with corporate world
  • 18. What Is Plaguing Doctoral Education?  B-Schools are more committed to instruction than research  Most doctoral students go for doctoral education as an alternative channel of entry into the corporate world (And they get well paid for it!)  Most doctoral programmes lack advanced courses, leading to poor understanding of research in different fields of enquiry  While quality parameters for MBA education are well-defined, quality standards for doctoral education are absent, resulting in poor planning, monitoring and review  Lack of fellowships and contingency grants  Doctoral research has been too theoretical and less industry-focussed. Further, little support from industry for grant, data collection, and sharing of information  A small chunk of doctoral theses result in publications  Quality of supervision remains a question mark in most cases  Part-time research is generally more ornamental than a significant contribution to advancement of knowledge. More of qualification rather than training for future research
  • 19. Criteria for Good Research: Converged Views of Researchers and Practitioners  Critical problem surfaced  Clear purpose  Coherent writing  Credible data sources  Objective, unbiased  Provides conceptual frameworks  Original, innovative  Generalizable beyond context  Challenges current assumption  Recommendation supported by data  Valid premises  Lots of good ideas
  • 20. Management As A Profession  Management is practice-based. However, it does not require license like other professions. Management students thus not only need advanced knowledge but also necessary skills, attitude, and ethical standards. Management education has to be closely rooted in practice through experiential exercises, problem-oriented projects in industry, practice study, block field projects and internships  One should also realise that practice in management practices are not as standardized as practices in other professions like medicine and law  Management academe consists of less practitioners and more academicians unlike other professions that consist of more practitioners and less academicians  It is multi-disciplinary in nature. Some discipline are more academic, while others are more practice-based. As the managerial work is unified, management academe needs to be cross-functional  Management is anchored in practices of various business organisations. Therefore, the academe has to have in-depth knowledge of certain industries  The end-users of management education are quite varied and diverse. Management students consequently need global education but they also need cases and exercises based on organisations in varied industries  For advancement of management education, both disciplinary and practice-based knowledge is important. Management practices are continuously evolving and there is a need to have new teaching resources  Management education has certain disciplines which are more universal, while other subjects are more local in nature. Especially theories in behavioural sciences need to be tested for their cross-cultural validity
  • 21. Contd…  Managers require both analytical and people skills to be successful on the job. Analytical skills are easier to teach, while people skills are difficult  They need to learn from past but work for future which is uncertain. As a result, learning to learn is critical for managerial success. How to teach this competency? There is no proven way  Pedagogical needs of different courses are different. But generally they tend to be taught in the same way.  The research techniques, types of data and unit of analysis of different fields of management also differ. Hence it becomes very difficult to do cross-functional research
  • 22. Criticality Utility Creative Thinking Validity Generalizibility Theory Building Practical Relevance Theoretical Relevance Methodological Relevance Relevant and Rigorous Research
  • 23. Strategies For Promoting Research  Clarify your mission/mandate and pursue it vigorously and systematically  Introduce and strengthen doctoral programme  Initiate internal discussion forums for sharing research and knowledge  Provide reasonable seed money for internal research  Increase budget for domestic and international conferences  Earmark time to faculty members to do research  Identify some faculty members who will be trailblazers of external research  Recognise and reward faculty engaged in research activities  Manage, monitor and review of research activities in a systematic and effective fashion
  • 24. Conclusion  Most B-Schools have stayed away from research due to lack of fund, deficient research culture and reward system. As society benefits from research, government has main responsibility to fund research among B-schools. However, B-schools serve society by supplying management graduates to the industry and by doing research to help organisations manage themselves more effectively. Industry has a role in promoting research. More importantly, B-schools need to earmark certain amount of their budget for research as it helps them increase their reputation and long-term effectiveness.  There are three types of research and they are intricately related. Those schools which cannot do discipline-based research, can focus on instruction-oriented and practice-oriented research. More important issue here is intellectual contribution and scholarship.  Private B-Schools are emerging an important providers of management education. They have responsibility to invest a certain amount of their resources for research  Equally importantly, Government/s need to fund research and invest in doctoral fellowships in private business schools. AICTE has done its bit in promoting research among B-schools. The private research-oriented institutions should be rewarded by allowing higher percentage of overheads and faculty salary grants  Funding agencies need to identify ten major B-schools in different parts of the country and promote research programmes for them for a certain period  We need research networks which support and learn from one another.  Last but not the least, the importance of individual commitment to research is critical. A sapling will not flourish without adequate eco-system; conversely, no eco-system can help a sampling if does not possess the right stuff.