On the methodology of management research

Josep M. Rosanas ()
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Josep M. Rosanas: IESE Business School, Postal: Research Division, Av Pearson 21, 08034 Barcelona, SPAIN

No D/692, IESE Research Papers from IESE Business School

Abstract: Epistemology, methodology or philosophy of science, i.e., the foundations and validity of knowledge, have never been very popular subjects as applied to management research. Lately, though, the need for better theories and the methodological discussion underlying the creation of such theories appears to be receiving more attention. In this paper, I will review some basic underlying issues in the area by taking a look at to some of the classical authors. I will first analyze Hayek's view of methodological problems in economics and then apply his analysis to the development of management theory. Then, I'll elaborate on Elster's distinction between causal, functional and intentional explanations. Naïve methodological attitudes will be discussed in this context. I will use agency theory as an example of what should and should not be done. Finally, I'll examine the falsification criterion in management theory and discuss the role of mathematics in the development of theory.

Keywords: epistemology; philosophy of science; methodology; management theory; foundations of management (search for similar items in EconPapers)
Pages: 20 pages
Date: 2007-05-11
New Economics Papers: this item is included in nep-his, nep-hpe, nep-knm and nep-pke
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ebg:iesewp:d-0692

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