Developing high-quality human capital and advancing existing knowledge stocks are crucial for the competitive advantage of a nation. The authors argue that offering postgraduate programmes that give great emphasis to academic rigour, managerial relevance and the triangulation of research methods is vital if these ends are to be achieved. They present theoretical arguments about what constitutes academic rigour and managerial relevance and about the nature and roles of qualitative and quantitative research. They also identify and discuss institutional and operational aspects of postgraduate programmes that are needed to fulfil the expectations of the various participants. Close partnership and shared commitments among participants are crucial for the generation of fruitful outcomes in such a postgraduate undertaking. In conclusion, the paper highlights the direction of future research.
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