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Good research and bad teaching? A business school tale

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  • Besancenot, Damien
  • Faria, João Ricardo

Abstract

The paper presents a simultaneous differential game between rich and poor Business Schools (BS) that yields an equilibrium in which either type of BS may end up with bad teaching and good research, without resorting to informational problems. The necessary condition for this is that the BS's impatience is smaller than the growth rate of research, which may arise as a result of the school's lack of vision and ambition in becoming a leading school, or due to the fact that after a given critical mass of human capital is achieved in a BS, research grows fast, making BS managers underuse the available human capital for teaching. Policy implications are discussed.

Suggested Citation

  • Besancenot, Damien & Faria, João Ricardo, 2010. "Good research and bad teaching? A business school tale," Research in Economics, Elsevier, vol. 64(2), pages 67-72, June.
    • Handle: RePEc:eee:reecon:v:64:y:2010:i:2:p:67-72
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    References listed on IDEAS

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    1. Chuck C Y Kwok & Jeffrey S Arpan, 2002. "Internationalizing the Business School: A Global Survey in 2000," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 33(3), pages 571-581, September.
    2. Tracy, Joseph & Waldfogel, Joel, 1997. "The Best Business Schools: A Market-Based Approach," The Journal of Business, University of Chicago Press, vol. 70(1), pages 1-31, January.
    3. Besancenot, Damien & Faria, Joao Ricardo & Vranceanu, Radu, 2009. "Why business schools do so much research: A signaling explanation," Research Policy, Elsevier, vol. 38(7), pages 1093-1101, September.
    4. Faria, Joao Ricardo, 2002. "Scientific, business and political networks in academia," Research in Economics, Elsevier, vol. 56(2), pages 187-198, June.
    5. Besancenot, Damien & Vranceanu, Radu, 2008. "Can incentives for research harm research? A business schools' tale," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(3), pages 1248-1265, June.
    6. Yongil Jeon & Stephen M. Miller & Subhash C. Ray, 2007. "MBA Program Reputation And Quantitative Rankings: New Information for Students, Employers, And Program Administrators," Working papers 2007-44, University of Connecticut, Department of Economics.
    7. Steven M. Shugan, 2003. "Editorial: Journal Rankings: Save the Outlets for Your Research," Marketing Science, INFORMS, vol. 22(4), pages 437-441.
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    9. Evan Kraft & Milan Vodopoviec, 2003. "The new kids on the block: The entry of private business schools in transition economies," Education Economics, Taylor & Francis Journals, vol. 11(3), pages 239-257.
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    Cited by:

    1. Jellal, Mohamed & Faria, Joao & Elaoufi, Noureddine, 2012. "Endogenous dynamic academic research culture," MPRA Paper 38711, University Library of Munich, Germany.
    2. Besancenot, Damien & Faria, Joao Ricardo & Vranceanu, Radu, 2009. "Why business schools do so much research: A signaling explanation," Research Policy, Elsevier, vol. 38(7), pages 1093-1101, September.
    3. João Ricardo Faria & Franklin G. Mixon, 2020. "The Peter and Dilbert Principles applied to academe," Economics of Governance, Springer, vol. 21(2), pages 115-132, June.
    4. João Ricardo Faria & Franklin G. Mixon, 2021. "The Marginal Impact of a Publication on Citations, and Its Effect on Academic Pay," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(9), pages 8217-8226, September.

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