ABSTRACT

This chapter is based on the experience of the Business School Impact System (BSIS) developed by the FNEGE and the EFMD over the last 10 years. Institutions participating in the BSIS, which has been used by nearly 70 business schools in 18 countries, have often expressed a need for new approaches to measuring the impact of the research they produce. Business schools have two fundamental responsibilities. On the one hand, they have a responsibility to their students, whom they must prepare as best they can to develop careers that make a positive contribution to companies and are fulfilling for the students themselves. And on the other hand, a responsibility to employers, to whom they must provide the people capital and skills they need. The standard conception of research impact is usually based on bibliometric measures linked to the number of citations of articles, and the ranking of journals according to their impact score.