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Evidence‐Based Management and Academic Research Relevance
Author(s) -
Booker Lorne D.,
Bontis Nick,
Serenko Alexander
Publication year - 2012
Publication title -
knowledge and process management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.341
H-Index - 44
eISSN - 1099-1441
pISSN - 1092-4604
DOI - 10.1002/kpm.1392
Subject(s) - valuation (finance) , thematic analysis , publication , business valuation , intermediary , relevance (law) , knowledge management , business , public relations , sociology , qualitative research , marketing , accounting , political science , computer science , social science , advertising , law
This study seeks to understand how academic business valuation research influences business practice. It uses knowledge market theory to assess the efficacy of the evidence‐based solution to academic research relevance. Fifteen semi‐structured interviews were conducted with chartered business valuators in Canada. Interview transcripts were subjected to thematic analysis using QSR's NVivo software (QSR International, Cambridge, USA). The research findings revealed that academic research on business valuation is relevant to business valuation practitioners. The professional nature of the business valuation profession promotes evidence‐based management practices and encourages the use of academic literature in managerial decision making. Business valuation academics should not change the manner in which they publish scholarly articles. Instead, a solution to the academic relevanceproblem resides in having efficient market intermediaries in the form of knowledge translation mechanisms. Copyright © 2012 John Wiley & Sons, Ltd.