The paper “ What Makes Management Research Interesting, and Why Does It Matter? ” is an exciting example of the assignment on management. Past economic trends of scientific research reveal that it contributed towards employment and growth (Romer, 1994), as well as influencing the proportional improvement of the industrialized countries, this is strictly through proficient and timely production, dissemination, and consumption of management research. This definitely has an implication that research has a hand in economics, and vice versa is true (Jaffe, 1989) due to the fact that a stable economy implies that research proposals shall be funded effectively for production, dissemination, and consumption of the respective research results.
Simply put the dynamics of the economy can promote and at the same time restrain research developments of innovation, inventiveness, edification, and cooperationThe impact by the “ peculiar economy” of science is indisputable, this is because it has affected the scientific labor markets and the human capital embodied in scientists, and hence inevitably the production, dissemination, and consumption of management research works (freedman, 1960). For instance, it has affected the dissemination of management research results, this is, “ the flow that moves technology from the source to the users during a certain time period, by means of provided channels” (Coccia and Rolfo, 2002).
Such provided channels include communication, logistic, distribution channels, which are malfunctioned if a good amount of funds is not injected in. For knowledge to be produced vigor research has to be undertaken, right from the time of the proposal, to data collection, to its analysis, discussion, and the evaluation of the output, that involves the calculation of indices indicating the production, productivity, or impact of research groups (Stephan, 1996), lots of funds have to be inculcated into the mentioned phases.
Purely without any fund or less, the whole process shall have been killed. Hence, the implications of the ‘ peculiar economy’ of science to the production of management research results are vehemently undesirable.
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