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Author:Shubik, M.
Title:What is an application and when is theory a waste of time?
Journal:Management Science
1987 : DEC, VOL. 33:12, p. 1511-1522
Index terms:MANAGEMENT SCIENCE
Language:eng
Abstract:The development of a management science is part of an ongoing process not an isolated set of problems. Practice without introspection or question of context may succeed only in a narrow sense. But the science and art of management calls for more. An application is when the context is understood, the theory is relevant and the decision process is influenced. Theory may become a waste of time for all but the theorists when there is no concern for relevance or application beyond the self-perpetuation of the club.
SCIMA record nr: 58558
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