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Development of business schools in emerging markets: Learning through adoption and adaptation

Ilie, Camelia; Fornes, Gaston; Cardoza, Guillermo; Mondrag�n Quintana, Juan Carlos

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Authors

Camelia Ilie

Gaston Fornes

Guillermo Cardoza



Abstract

The purpose of this study is to contribute to the understanding of the critical resources and capabilities that business schools (BS) have developed to achieve sustainable development. Framed within the resource-based theory, it analyzes seven of the top 50 BS from emerging markets (EM). It argues that these schools have grown through a development process of adopting and adapting business models, including teaching and research methodologies, organizational structures, and business practices; when they consolidated their local leadership, they started to follow a more idiosyncratic process. The findings shed light on the challenges that schools from EM face to deliver local impact while being measured by international standards and have implications for theory development, practice, and policymaking. In terms of theory, the findings show how the Global North model has exerted a determining influence in the development path of BS in EM, and, subsequently, how the pressure to respond to domestic demands has guided the acquisition of resources and the development of capabilities. For practice, the study reveals development patterns, clues about the challenges these BS face, and the range of solutions they have implemented. For policymaking, the case studies offer valuable lessons on how governments can design support systems for BS development.

Citation

Ilie, C., Fornes, G., Cardoza, G., & Mondragón Quintana, J. C. (2020). Development of business schools in emerging markets: Learning through adoption and adaptation. Sustainability, 12(20), Article 8448. https://doi.org/10.3390/su12208448

Journal Article Type Article
Acceptance Date Oct 10, 2020
Online Publication Date Oct 14, 2020
Publication Date Oct 2, 2020
Deposit Date Dec 17, 2020
Publicly Available Date Mar 29, 2024
Journal Sustainability (Switzerland)
Electronic ISSN 2071-1050
Publisher MDPI
Peer Reviewed Peer Reviewed
Volume 12
Issue 20
Article Number 8448
DOI https://doi.org/10.3390/su12208448
Keywords business schools in emerging markets; academic innovation; business schools models; business context; business education
Public URL https://uwe-repository.worktribe.com/output/6778765
Publisher URL https://www.mdpi.com/journal/sustainability

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