British Academy of Management Conference 2022

Conference Theme-

‘Reimagining business and management as a force for good’.

- Title of paper presented:

Knowledge flows and industrial clusters: assessing the sources of competitive advantage in two English regions

Joe Lane, Chris Corker, John Wilson

Information regarding the conference theme:

Achieving the UN Sustainable Development Goals confronts us with the need to re-imagine the purpose of business.

We are increasingly aware that reaching Net Zero will require fundamental transitions both in the way we live and our economy. There is a world of difference between the structure of our current economy and the one required to limit global warming to 2^oC. Closer to home there is a world of difference in prosperity between regions of the UK. Inequalities related to social groups across the regions may already have changed the face of UK politics, and as the flesh is put on the bones of the government’s Levelling Up agenda, difficult questions are being asked about the role of businesses in reinforcing inequalities not just about what they can do to reduce them?

These profound shifts challenge the way we think about and practise business and management, raising fundamental questions about whether sustainable and inclusive productivity growth is possible and - if it is - the new roles business, the public sector and third sector will have to play in attaining it. However, as if these challenges weren’t big enough, there is a world of difference between the pre and post COVID business landscape within which they will need to be addressed. Changes to work patterns and supply chains, combined with labour and skills shortages are converging on firms, managers and employees in ways that could change the world of business for ever. Does the post-pandemic world provide us with new opportunities to plan for new organisational futures? Will we be able to reimagine a new workplace that enhances the health and wellbeing of our workforces, creating ‘good work’ for all? Or will standard economic and business thinking stifle our ability to reimagine and innovate?

In this new era where the wider societal impact of our research, teaching, and scholarship has never been more important, the current business and management research ecosystem seems to be getting in the way of producing knowledge that is ultimately helpful in addressing the challenges facing business and society. There remains a world of difference between the kind of partnerships and co-produced research that is required to address these challenges and what we currently do. If business and management scholars are to have a role to play in creating ‘the best of all possible world’, do we also need to change the way we understand, measure and reward good research and good teaching? How will we produce the business and public leaders, managers, engaged scholars and agents for change that we need?

(Information taken from: https://www.bam.ac.uk/events-l...)