Business School Research: Practically Irrelevant?

For many days, I have thought that Is my research important for the world? I mean at least contributes something to the practitioners? Even I have planned to do a kind of internship in a company. just to apply my research. My best friend, Kamal Adamu (PhD in Essex University), went to a bank for internship to apply his PhD thesis. I really want to do the same thing. I want to spread out the Pyschological stock. Is there any asset management company want to hire me as internship? Haha

My hope is in line with the latest article from the economist actually. The article asked how the research in university can solve problems in industry. Interesting huh? Enjoy reading…

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My first two weeks life in 2011

It was Saturday but I had to go to postgraduate room. These two weeks were my bad weeks. Many problems suddenly came. Interestingly, those problems actually were not my problems. I just tried my best to apply my faith where “A leader has to be a servant”. Usually, I do not complaint. This time is just like I cannot hold it any longer.

I learnt a lot from the problems. It was also made me to remember to the story of One Dollar Gift Story. It is about a man with one dollar gift. So, everyday there is a stranger that keeps giving one dollar to a man. First day, the man is very curious but keeping thankful. Second day, the man is still very happy and respect the stranger. After several weeks, the man started not to acknowledge the gift. He thinks the one dollar belongs to him. It is common thing. But somehow, the stranger has not given the one dollar anymore. The man start to worry and inquiry: Where is my One Dollar? It happens for one week. The man got angry and told to himself if he saw the stranger, he will kick him. Kick him for a dollar that actually is a gift. In the end of the week, the stranger came to his house. The man kicked him out, scolded him, and yelled on him. “Where is my one dollar?” he said. “Your one dollar?” the stranger asked. “Yes. You owed me 7 dollars now. You have to give it. NOW!”. The man replied the stranger harshly. “It is not your one dollar. It is a free gift. Why you got angry after these days I kindly gave you a free gift?” The stranger said. The man did not take the statement of the stranger. He sent the stranger out. Now, he does not receive a FREE one dollar anymore.

It also happens in our daily life. If someone lends you something, it does not mean the ownership is also transferred. You do not suppose to be angry, if the owner takes it back. It does not belong to you! This problem occurs recently in my two weeks life. Luckily, I got God who always blesses me every day with problems and its solution. Hopefully, I keep growing by facing and overcoming problems. I will go to postgraduate room now. Countenancing the problems that might be occurred, I take it as a blessed.

The emerging emerging markets:Businesses will learn to look beyond the BRICs

It is a big debate in Indonesia when the legislative member stated that Indonesia economy is artificial. Some of the legislative member argued that Indonesia economy goes nowhere. The poverty and unemployment are still there. Indeed, none of them from economics background. What they did just to show how bad the current government is.

I am not a person who fully support the economics numbers. But at least, the GDP and Gini Rate show and measure something. Indonesia is growing. Interestingly, even though the Indonesians are pessimistic with the economics (because they just hate the government; and media has the responsibility on it!), not with the foreigner. The economist puts Indonesia in the radar! It shows how they are more optimistic with Indonesia economy.

This is the full article from the economist. You can also open http://www.economist.com/node/17493411 to dig more.

The emerging emerging markets:Businesses will learn to look beyond the BRICs

During the run-up to the Iraq war Donald Rumsfeld, then America’s defence secretary, famously distinguished between “old” Europe and “new” Europe. In 2011 a growing number of businesspeople will distinguish between the “old” emerging markets and “new” emerging markets.

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Choosing a Journal

There are many sceptical journals nowadays. So, be carefull when you want to submit your works to a journal. Else, you will regret it. There are many ways to detect the quality of the journal. To me, I use scopus, repec, and elsevier as the benchmark of the quality. If the journal is not listed in one of these three, I will not send it.

Another trick of me is by sending email. I send email to the editor and ask their opinion regarding my paper. Is it suitable topic for their journal or not? I can judge the quality of the editor by how the reply it. For example, I sent email to Cimate Research. The editor reply me vigourly. It indicates the quality of the journal is very good (even though my paper is not suitable for their journal).

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