Elgar original reference
Edited by Tyrone S. Pitsis, Ace Simpson and Erlend Dehlin
Chapter 8: Management education for organizational and managerial innovation
Recent theory, research and policy development has increasingly highlighted the significance of the organization as the site at which innovation needs to be facilitated, fostered and inculcated, as well as realized in practice. This is helpful in the sense that it gives sharper focus to the meaning of innovation in practice, without detracting from the notion that state policy and the institutional milieu remain vital in shaping the broader macroeconomic environment for innovation. In addition to emphasizing the importance of managerial and organizational innovation, the recognition that organizations, their behaviour and management, are central to stimulating innovation directs attention to the role of management education and business schools. Management education encompasses on the job, in-house and informal training and development undertaken by firms. It also includes the management and leadership training and development undertaken by business schools in their undergraduate, postgraduate, MBA and executive education programmes, increasingly expected to have a significant impact on organizational management capability and its capacity to facilitate and drive innovative practice.
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