ABSTRACT
The emergence of the modern global economy gives rise to questions such as who has managed the firms during this process and how these managers have been prepared for their jobs. Most of the historical literature on the relationship between education and management positions and performance has focused on the role of formal degree programs, such as the MBA degree and engineering degrees, and on their different impact in different contexts (e.g., Locke 1989, 1984; Engwall et al. 2016). These comparative studies have highlighted the international aspects of business education. National systems of business education have received ideas from abroad and changed and, after World War II, especially the international impact of ideas and concepts from the United States had a strong impact globally. However, the studies also show that national variations are still strong despite international exchange of ideas on how to educate future managers.
