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    Reducing dependence on big brother: higher education looks for innovative funding opportunities

    McKinney, R. and Shao, L. and Tissington, Patrick A. (2010) Reducing dependence on big brother: higher education looks for innovative funding opportunities. European Journal of Management 10 (3), pp. 198-203. ISSN 1555-4015.

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    Abstract

    This paper presents innovative programs that business schools can utilize to reduce dependence on public funds. A review of the literature shows the theoretical and empirical foundation of higher education funding dilemmas. While higher education is moving towards a global ambition, scarcity hinders governments to fully support programs long-term; thus, cost-sharing and cost-shifting measures must occur for higher education to support current programs. In this study, we examine two universities (one U.S. and one UK.) and provide practical summaries of programs that have provided additional funds. We show that diversity of funding sources is essential for survival of higher education institutions. Market forces require competition to reduce higher education operational costs while providing students and corporate clients an ala carte educational experience.

    Metadata

    Item Type: Article
    School: School of Business, Economics & Informatics > Organizational Psychology
    Depositing User: Pat Tissington
    Date Deposited: 05 Aug 2015 15:58
    Last Modified: 25 Feb 2021 10:43
    URI: https://eprints.bbk.ac.uk/id/eprint/12688

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