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Management research of the Indian economy at present context
DR. RENU NAINAWAT
Abstract:
Management research in India , and the predilection of Indian researchers to follow Western models of research and publication blindly, the authors take stock of Indian management research in this round table discussion and debate some of the relevant issues. Urging Indian researchers to strive for the levels of rigor of the Western models, they make a case for confident indigenous scholarship to suit the development and educational requirements of the country, following context-relevant constructs and methodologies in research and developing curricula, materials and modes of dissemination independently. These ideas were also explored at the second Indian Academy of Management Conference held at IIM Bangalore in December 2011. Business education in India is growing rapidly. It may very well be the beginning of a golden era for business schools and education in India. However, for both business education and schools to thrive and to contribute to the effective management of Indian businesses, organisations and institutions, business education needs to be founded on a sound body of knowledge. Without valid and tested management theories that fit the Indian context, business education and schools in India will lose their relevance and legitimacy.
