Critical Education

Yesterday’s Budget Statement had a bit to say about universities.

The headline stories will be about funding for research and innovation including a centre for research in aerodynamics, two new catapult centres for Transport Systems and Future Cities: “These will bring together world leading IT companies, innovative SMEs and leading universities to commercialise technologies that will increase efficiency and improve the quality of life for transport users and city residents.”  There is also £100 million for new university research facilities designed to attract ‘co-investment’ from the private sector (§2.32).  This may tie-in with January’s announcement from David Willetts about new private postgraduate and research ‘universities’ .

 Tucked away in the passages on VAT reform are two further references which are likely to have more profound long-term implications.

 One is familiar:

2.191 VAT: cost sharing – Following the announcement at Autumn Statement 2011 the Government will introduce a VAT exemption for services…

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Organizing Entrepreneurial Judgment

Nicolai J. Foss and Peter G. Klein’s new book is now available: Organizing Entrepreneurial Judgment: A New Approach to the Firm. Here is the book’s rationale. Best price so far at The Book Depository (paperback).

Entrepreneurship, long neglected by economists and management scholars, has made a dramatic comeback in the last two decades, not only among academic economists and management scholars, but also among policymakers, educators and practitioners. Likewise, the economic theory of the firm, building on Ronald Coase’s (1937) seminal analysis, has become an increasingly important field in economics and management. Despite this resurgence, there is still little connection between the entrepreneurship literature and the literature on the firm, both in academia and in management practice. This book fills this gap by proposing and developing an entrepreneurial theory of the firm that focuses on the connections between entrepreneurship and management. Drawing on insights from Austrian economics, it describes entrepreneurship as judgmental decision made under uncertainty, showing how judgment is the driving force of the market economy and the key to understanding firm performance and organization.


Call for Papers: BRITISH JOURNAL OF MANAGEMENT Special Issue on Strategizing Material & Materializing Strategy. The deadline for submission of papers is 30 January 2013. See the full call here [PDF].

The British Journal of Management is pleased to announce a special issue focused on strategizing material and materializing  strategy. Grounded in practice-based views of strategy,  this special issue will explore material practices associated with  strategizing: How are objects, artifacts, tools and other material resources used by practitioners to shape and enact organizational strategy?

Through research on the practice of strategy, scholars have already begun to explore material objects and strategy tools. One emerging stream of research explores how material objects, including the participants’ physical bodies, are used in strategizing. (…) A  second stream of research has investigated the role of strategy tools in materializing  strategy. (…) However, much more work  is  needed to advance this agenda, which is the…

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