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A Strategic Impact Model for Latin American Business Schools

Author

Listed:
  • Olavarrieta, Sergio
  • Quinteros, María José
  • Villena, Mauricio

Abstract

The main aim of this paper is to contribute to the understanding of the evolution and different models of development of Latin American business schools. For this we analyze data from the AmericaEconomia MBA Rankings for the period 2015 to 2019 and build a panel with quantitative data and performance indicators. Using these data, we analyze the recent evolution of 26 business schools located in nine Latin American countries, which gives us a perspective of what is the current state of affairs in different countries of Latin America in terms of business education. We also perform a formal statistical procedure, applying a cluster analysis in order to group business schools in terms of a set of indicators. Using the results of our cluster analysis we propose a taxonomy for Latin American Business Schools. Finally, we put forward a business school strategic impact model, which includes three dimensions, namely: (i) BS Resources and Scope; (ii) BS Outputs and (iii) BS Value Perceptions. This strategic impact model is used as a benchmark to analyze the business school’s types identified in our taxonomy and to propose policy recommendations for business schools, rankings, and accreditations.

Suggested Citation

  • Olavarrieta, Sergio & Quinteros, María José & Villena, Mauricio, 2021. "A Strategic Impact Model for Latin American Business Schools," MPRA Paper 107813, University Library of Munich, Germany, revised 17 Apr 2021.
    • Handle: RePEc:pra:mprapa:107813
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    References listed on IDEAS

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    1. Paolo Paruolo & Michaela Saisana & Andrea Saltelli, 2013. "Ratings and rankings: voodoo or science?," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 176(3), pages 609-634, June.
    2. María José Quinteros & Rafael Sánchez & Mauricio G. Villena, 2020. "How do business schools compete in Latin America? Stability and best predictors of success for the AmericaEconomia MBA Ranking," Applied Economics, Taylor & Francis Journals, vol. 52(50), pages 5546-5563, October.
    3. Olavarrieta, Sergio & Villena, Mauricio G., 2014. "Innovation and business research in Latin America: An overview," Journal of Business Research, Elsevier, vol. 67(4), pages 489-497.
    4. C. Edward Fee & Charles J. Hadlock & Joshua R. Pierce, 2005. "Business School Rankings and Business School Deans: A Study of Nonprofit Governance," Financial Management, Financial Management Association, vol. 34(1), Spring.
    5. Saisana, Michaela & d'Hombres, Béatrice & Saltelli, Andrea, 2011. "Rickety numbers: Volatility of university rankings and policy implications," Research Policy, Elsevier, vol. 40(1), pages 165-177, February.
    6. Dichev, Ilia D, 1999. "How Good Are Business School Rankings?," The Journal of Business, University of Chicago Press, vol. 72(2), pages 201-213, April.
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    More about this item

    Keywords

    Business Schools; Cluster Analysis; Business Model Taxonomy; Strategic Impact Model; Latin America.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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