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Purpose

The purpose of this paper is to provide an overview and evaluation of the “theory/practice” gap in business and management research as it has been developed in relation to US and European business and management schools.

Design/methodology/approach

The paper combines theoretical and institutional analysis to construct a framework for analyzing the “theory/practice” gap and its wider implications.

Findings

The paper suggests that a “dialogical” rather than “linear” model of knowledge production and dissemination is the most analytically and practically useful way of approaching the “theory/practice” gap in business and management research.

Originality/value

The paper reviews and updates the “theory/practice” gap in business and management research and offers a more nuanced and realistic appreciation of how it might be resolved.

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