Business Schools and Their Contribution To Society 2011
DOI: 10.4135/9781446250822.n3
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The Changing Role of Business Schools as Key Social Agents in Asia

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“…The on-going sensemaking about how business schools may re-orient themselves in light of an uncertain future brings to the fore questions about the vision and purpose of business education beyond its economic role. In East Asia, business schools have seen a rapid and broad development over the past 30 years, driven by pragmatic stakeholder interests where governments recognise the role of business education in supporting economic growth and industrial development, and students perceive business degrees as financially rewarding (see Young & Singh, 2011).…”
Section: Diagnosis Of the Problem For East Asian Business Schoolsmentioning
confidence: 99%
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“…The on-going sensemaking about how business schools may re-orient themselves in light of an uncertain future brings to the fore questions about the vision and purpose of business education beyond its economic role. In East Asia, business schools have seen a rapid and broad development over the past 30 years, driven by pragmatic stakeholder interests where governments recognise the role of business education in supporting economic growth and industrial development, and students perceive business degrees as financially rewarding (see Young & Singh, 2011).…”
Section: Diagnosis Of the Problem For East Asian Business Schoolsmentioning
confidence: 99%
“…East Asian business schools typically have a strong regional outlook and accord much importance to relevance in terms of business and corporate linkages (Thomas, Lorange & Sheth, 2013). Nevertheless, they face the dual pressure of on the one hand, gaining legitimacy by aligning with universal content and practices in the West, while on the other, remaining relevant in their local contexts by meeting the expectations of local stakeholders such as business students and employers (Tan, 2021;Young & Singh, 2011). Some scholars (e.g., Young & Singh, 2011;Rehman, Kashif & Mingione, 2019) note that while East Asian business schools have historically played a role in creating knowledge to support (national) economic growth and industrial development, the potential to be agents of social change remains underdeveloped.…”
Section: Diagnosis Of the Problem For East Asian Business Schoolsmentioning
confidence: 99%
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