David Willetts, Britain’s universities minister, has a bee in his two-brained bonnet about flawed incentives for British business academics.
Prestige in business schools comes from doing research and being published in peer-reviewed journals, he told an audience of managers, academics and members of parliament in London on Tuesday, launching a discussion of whether poor management is holding back growth. It’s a theme he’s touched on before in relation to wider scientific and academic research. Mr Willetts says that as the lead journals are US-based, they tend to be interested in sophisticated analysis of historical, mainly American, industry data:
We’re rewarding British academics and British business schools for analysing American industries… It’s not at all clear to me that this the right set of incentives.