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Management education and research has evolved over the last few decades and scholars continue to debate the methodologies employed and the value of the output to the real world. This book offers a systematic critical analysis of this evolution. The contributing authors argue that a sort of a bubble formed in the world of business schools: intense competition among schools boosted the field but it also gave rise to rankings and a race for publication as a way to build reputation and access funding. As a result, less attention has been paid to important questions about the quality of teaching, the fit of the content taught to the needs of firms and the societies at large in various parts of the world, and to scholarly debates about management itself. This book is a wake-up call from European management scholars. They offer stimulating and challenging views to redesigning the foundations, institutional settings and contents of management education and research. The results will appeal to the field around the world. Teachers and researchers in all areas of business will find this volume illuminating. It offers an ambitious but practical plan aimed squarely at remaking management education and research in order to be relevant to the needs of the twenty first century.