In the last years business schools have made substantial efforts to enhance their research output. This paper submits the idea according to which this strong research emphasis is an equilibrium signaling strategy, that, in some cases, can be socially inefficient.
BESANCENOT, D., FARIA, J.R. and VRANCEANU, R. (2008). Why Business Schools Do So Much Research: A Signaling Explanation. ESSEC Business School.