infonet-economy

In this chapter we review practice-based studies that have examined the ontological and epistemological conditions for producing strategy research that proves relevant to management practice. Drawing on these works, we argue that researchers inevitably adopt a scholastic point of view, which makes it impossible to capture directly the logic of strategy practice. However, scholars can increase the practical relevance of their research by developing theories based on practical logic. We have outlined three approaches to capture the logic of management practice (1) theorizing through practical rationality, (2) the application of ‘participant objectivation’, and (3) the consideration of the dissociation process. We argue that if strategy-as-practice research builds on these insights, it can prove a particularly fruitful approach to generate knowledge that is of conceptual relevance to strategy practice.