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Author: J. Patrick Raines
Publisher: Edward Elgar Publishing
ISBN: 9781781008621
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
Working within the context of the evolutionary-institutional transformation of higher education, the authors trace the development of an economic model by which the behavioral tendencies of modern universities can be evaluated. That model is expanded to provide insights to the following questions: Why do universities compete and how do they develop and implement their competitive strategies? How do universities make critical institutional decisions about operational missions, academic policies, and internal resource allocation? Do universities efficiently and effectively pursue the special social functions assigned to them? Patrick Raines and Charles Leathers present an integrated, coherent theory to explain the behavior of universities and provide a realistic economic model that predicts how universities allocate their scarce educational resources. This alternative view is contrasted with the mainstream explanations of university behavior based on the maximization of student welfare or faculty influences. The authors extend the existing literature on the operation of universities by presenting a history of the evolution of the modern entrepreneurial universities as well as an explanation of academic capitalism. This absorbing volume will appeal to anyone interested in the history of economic thought or the history of education. Scholars of Veblen, Smith, and Malthus will be fascinated by their individual and comparative theories of the purpose and failures of higher education.
Author: J. Patrick Raines
Publisher: Edward Elgar Publishing
ISBN: 9781781008621
Category : Business & Economics
Languages : en
Pages : 264
Get Book Here
Book Description
Working within the context of the evolutionary-institutional transformation of higher education, the authors trace the development of an economic model by which the behavioral tendencies of modern universities can be evaluated. That model is expanded to provide insights to the following questions: Why do universities compete and how do they develop and implement their competitive strategies? How do universities make critical institutional decisions about operational missions, academic policies, and internal resource allocation? Do universities efficiently and effectively pursue the special social functions assigned to them? Patrick Raines and Charles Leathers present an integrated, coherent theory to explain the behavior of universities and provide a realistic economic model that predicts how universities allocate their scarce educational resources. This alternative view is contrasted with the mainstream explanations of university behavior based on the maximization of student welfare or faculty influences. The authors extend the existing literature on the operation of universities by presenting a history of the evolution of the modern entrepreneurial universities as well as an explanation of academic capitalism. This absorbing volume will appeal to anyone interested in the history of economic thought or the history of education. Scholars of Veblen, Smith, and Malthus will be fascinated by their individual and comparative theories of the purpose and failures of higher education.
Author: Stefan Voigt
Publisher: Cambridge University Press
ISBN: 1108473245
Category : Business & Economics
Languages : en
Pages : 311
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Book Description
A concise and clear introduction to the new institutional economics that summarizes current knowledge whilst addressing its gaps and weaknesses.
Author: Jeffrey R. Brown
Publisher: University of Chicago Press
ISBN: 022620183X
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
The recent financial crisis had a profound effect on both public and private universities. Universities responded to these stresses in different ways. This volume presents new evidence on the nature of these responses and how the incentives and constraints facing different institutions affected their behavior.
Author: Caroline M. Hoxby
Publisher: University of Chicago Press
ISBN: 022657461X
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
How do the benefits of higher education compare with its costs, and how does this comparison vary across individuals and institutions? These questions are fundamental to quantifying the productivity of the education sector. The studies in Productivity in Higher Education use rich and novel administrative data, modern econometric methods, and careful institutional analysis to explore productivity issues. The authors examine the returns to undergraduate education, differences in costs by major, the productivity of for-profit schools, the productivity of various types of faculty and of outcomes, the effects of online education on the higher education market, and the ways in which the productivity of different institutions responds to market forces. The analyses recognize five key challenges to assessing productivity in higher education: the potential for multiple student outcomes in terms of skills, earnings, invention, and employment; the fact that colleges and universities are “multiproduct” firms that conduct varied activities across many domains; the fact that students select which school to attend based in part on their aptitude; the difficulty of attributing outcomes to individual institutions when students attend more than one; and the possibility that some of the benefits of higher education may arise from the system as a whole rather than from a single institution. The findings and the approaches illustrated can facilitate decision-making processes in higher education.
Author: Sheila Slaughter
Publisher: Johns Hopkins University Press
ISBN: 9780801862588
Category : Education
Languages : en
Pages : 296
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Book Description
Leslie examine every aspect of academic work unexplored: undergraduate and graduate education, teaching and research, student aid policies, and federal research policies.
Author: Bo Göransson
Publisher: Springer Science & Business Media
ISBN: 1441975098
Category : Education
Languages : en
Pages : 369
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Book Description
Globalization, the information age, and the rise of the knowledge-based economy are significantly transforming the way we acquire, disseminate, and transform knowledge. And, as a result, knowledge production is becoming closer and more directly linked to economic competitiveness. This evolution is also putting new and urgent demands on academic institutions to adjust to the changing needs of society and economy. In particular, there is growing pressure on the institutions of higher education and research in developed economies to find and affirm their new role in the national innovation system. Their counterparts in developing economies need to define their role in supporting emerging structures of the innovation system. This book examines the role of universities and national research institutes in social and economic development processes. Featuring contributions that showcase initiatives and innovations from around the world, including China, Eastern Europe, Latin America, Scandinavia, Southeast Asia, sub-Saharan Africa, and Western Europe, it offers timely insight that will be of interest to policymakers, university administrators, economic and social leaders, and researchers alike.
Author: John Caffrey
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 96
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Book Description
Author: Alberto Amaral
Publisher: Springer Science & Business Media
ISBN: 9401599467
Category : Education
Languages : en
Pages : 323
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Book Description
This is the most comprehensive international discussion of higher education governance ever published. It presents a critical analysis of governance issues and reforms in: Australia, Belgium, Canada, France, The Netherlands, Norway, Portugal, the UK, and the USA. The book explores different theoretical perspectives and presents new empirical evidence on system and institutional governance issues.
Author: Jung Cheol Shin
Publisher: Springer
ISBN: 9789401789042
Category : Education
Languages : en
Pages : 0
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Book Description
This authoritative reference source covers all higher education themes in a comprehensive, accessible and comparative way. It maps the field for the twenty first century reflecting the massive changes that have occurred and the challenges ahead for future research. It provides a rich diversity of scholarly perspectives and covers the entire spectrum of higher education from a geographical, a topical and disciplinary perspective. It is unrivaled in its capacity to go beyond national boundaries and provides indispensible comparative analyses. The major reference works available about higher education have been published more than two decades ago and since then higher education has undergone major changes that have resulted in a much larger, diverse, global, and multidimensional reality. One of the main trends has been relentless expansion on a worldwide scale. This has led to mass higher education becoming a reality across continents, substantial growth in the number of countries with universal access to higher education, and great diversification of the student body. The tremendous increase in the international links in higher education, through issues such as training, students’ mobility, staff mobility, research activities, is another major change. The consequence is a global dimension that is strongly associated with the intensification of international networks in which institutions and researchers explore, create and share knowledge. As a result of the changes and trends, higher education has increasingly become part of debates that highlight its complexity as an institution that combines relevant political, social, economic, and cultural purposes and dimensions. Asked to play important and varied economic and social roles, higher education has had to reshape its priorities, and organizational and decision-making structures. The growth and increased complexity of the field have both led to more attention being paid to all aspects of higher education and to the expansion of research.
Author: Sandy Baum
Publisher: Princeton University Press
ISBN: 0691229929
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
An invaluable primer on the role economic reasoning plays in campus debate and decision making Campus Economics provides college and university administrators, trustees, and faculty with an essential understanding of how college finances actually work. Sandy Baum and Michael McPherson explain the concepts needed to analyze the pros, the cons, and the trade-offs of difficult decisions, and offer a common language for discussing the many challenges confronting institutions of higher learning today, from COVID-19 to funding cuts and declining enrollments. Emphasizing the unique characteristics of the academic enterprise and the primacy of the institutional mission, Baum and McPherson use economic concepts such as opportunity cost and decisions at the margin to facilitate conversations about how best to ensure an institution’s ongoing success. The problems facing higher education are more urgent than ever before, but the underlying issues are the same in good times and bad. Baum and McPherson give nontechnical, user-friendly guidance for navigating all kinds of economic conditions and draw on real-world examples of campus issues to illustrate both institutional constraints and untapped opportunities. Campus Economics helps faculty, administrators, trustees, and government policymakers engage in constructive dialogue that can lead to decisions that align finite resources with the pursuit of the institutional mission.
