OTTAWA, May 25 /CNW Telbec/ - Canadian research in the field of
management, business, and finance (MBF) ranks above the world average but
there is little direct application of this research outside of the academic
community. This is the principal finding of a report, released today, by an
expert panel convened by the Council of Canadian Academies (Council).
In 2007, the Council was commissioned to do an independent study of the
strengths and weaknesses of Canada's university-based research in the areas of
"management, business and finance". The full report entitled "Better Research
for Better Business" (available on the Council's website -
www.scienceadvice.ca) looks at the current extent of MBF research in Canada
(i.e., the number of researchers and their disciplines), the extent of
collaboration in these fields, and the international standing of Canadian MBF
research. The expert panel's central finding was that the scholarly
community's activities in these areas rank above the world average. The panel
noted that opportunities exist to much more effectively connect scholars in
these areas with collaborators across the private, public and not-for-profit
sectors for mutual benefit, and the panel recommended that resources be
focused on cultivating those horizontal connections.
"The panel found that the research performance of several Canadian
schools of management and business ranks quite well internationally." said
David Zussman, Chair of the expert panel who currently holds the Jarislowsky
Chair in Public Sector Management in the Faculty of Social Sciences and the
Telfer School of Management at the University of Ottawa. "However, it was
apparent from interviews and surveys undertaken for the panel that there tends
to be a disconnect between university research in MBF and the application of
that research by the practice community themselves."
To address the gap between MBF research and its application, the panel
suggested that the additional funds earmarked in the 2007 federal budget for
MBF research be used to support large, multi-year, collaborative projects with
demonstrated potential for relevance and knowledge transfer. The objective
would be to improve the performance and competitiveness of Canadian business.
The panel emphasized that the new program should encompass only the
incremental, targeted funds allocated in the 2007 budget and should not affect
the disbursement of funds traditionally used to support MBF research, nor
should these focused funds reduce any of the allocations for other disciplines
supported by SSHRC.
Commenting on the context for the panel's report, Professor Zussman noted
that: "The panel was asked to assess the current state of affairs in MBF
research in universities and, in light of that, to identify any outstanding
opportunities where the targeted support for MBF research - already committed
in the 2007 budget - could make a significant impact."
The full report and the report summary, the Report in Focus, are
available for download in both official languages from the Council's website
For information about the Council of Canadian Academies, its services and
products as well as previous expert panels, please visit the Council's website
For further information:
For further information: or to arrange for interviews: Samantha Rae,
Manager, Communications, Council of Canadian Academies, (613) 567-5000 x 256,