Business education, professional bodies and supporting communities of practitioners

To what extent are business schools and professional bodies influencing business history and practice, and to a degree determining them, are their staff observing from the sidelines, monitoring developments and trying to make sense of what is going on in the business and market environment around them? Are business schools making history or endeavoring to understand selected aspects of it? Do professional qualifications reflect developments or influence them? Are communities of professionals vibrant workshops or protective closed shops