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Entrepreneurs Vs. Academia: How Project Management is Advanced

How does management science advance? Of course, in the hard sciences the field moves forward when some researcher develops and tests a given theory, and either proves or disproves it in an experimental setting. However, a free marketplace, with thousands (if not millions) of unpredictable people serving as influencers on the outcome of a test on a given business theory represents too complex an environment to prove or disprove anything (kind of makes you wonder why they bother to describe such a field of inquiry as “management science”). So, with the clean laboratory setting denied management theorists, how does management science advance? Clearly, it advances via the entrepreneurs. In a sense, each time an entrepreneur launches an enterprise, she is staking capital on either a new management theory or an established one in a new environment.
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