The Emerging Market for Higher Education: Rationalising Regulation to Address Equity and Quality Concern

2016 ◽  
pp. 195-204
Keyword(s):  
Higher Education ◽  
Emerging Market

International student perceptions of experience in the West

2019 ◽  
Vol 12 (2) ◽  
pp. 147-166 ◽  
Author(s):  
F. Robert Buchanan
Keyword(s):  
Higher Education ◽  
International Students ◽  
Student Perceptions ◽  
Foreign Students ◽  
International Student ◽  
Emerging Market ◽  
American Business ◽  
Content Type ◽  
The Usa

Purpose The purpose of this exploratory study is an examination of some perceptions of US education, as experienced by foreign MBA students. Design/methodology/approach A longitudinal field study captured perceptions of a group of 51 international students over a one-year interval. The first anticipatory survey was done in India, and the follow-up was made in the USA at the end of a foreign sojourn semester. Inter-item correlations and t-tests were used to examine variance in student perceptions, highlighted by qualitative elements. Findings In general, the students went home, less impressed than they had expected to be in terms of the perceived general quality of the American business education, as well as their abilities to make friends with the local people. Additionally, the observed preparation of the American students for master’s studies was not nearly as high as the foreign students had anticipated. Research limitations/implications Results are not generalizable to broad populations, as the sample was small and localized. Social implications Emerging markets are successfully luring locals and sojourners based on cost and proximity as they achieve greater legitimacy in their institutional credentials. This could challenge the preeminence of Western higher education, especially in light of concerns arising from marketization and rigor. Meanwhile, developed market institutions need to be strategically mindful of their international guests as a resource rather than a commodity. Originality/value Extant internationalization studies tend to focus on administrative viewpoints, whereas this research examines the perspective of international students, which may be indicative of lessening gaps between perceptions of quality of developed and emerging market higher education.

Red & Yellow: the business of education

2020 ◽  
Vol 10 (2) ◽  
pp. 1-20
Author(s):  
Jeandri Robertson ◽  
Caitlin Candice Ferreira ◽  
Sherese Duncan ◽  
Atanu Nath
Keyword(s):  
Higher Education ◽  
Emerging Market ◽  
Growth Patterns ◽  
Growth Strategy ◽  
Sustainable Growth ◽  
Executive Education ◽  
Full Time ◽  
Content Type ◽  
The Impact

Learning outcomes Students learn to evaluate a firm’s growth strategies with the aim of establishing long-term business sustainability. Students will examine the impact of external macro-environmental factors that influence firm growth in an emerging market context. Using this case, students will learn how to apply a resource-based view to a firm’s offering by comparing and identifying the competitive advantage of the internal resources of the firm. Using this case, students can apply the principle of strategic fit by strategically analyzing the opportunities and threats in the external environment, while taking into account the firm’s internal strengths and weaknesses. Case overview/synopsis This case outlines the strategic, macro-environmental and marketing challenges that the Cape Town-based private higher education institution, Red & Yellow Creative School of Business, faced as it entered its 25th year of existence. In 2019, Red & Yellow had its roots in industry and had done well historically to cement that bond through the creation of successful alumni and the constant innovation of its higher education offering. Two weeks before having to present a detailed five-year growth strategy plan to the board of directors, Rob Stokes, the Director and Chairman of Red & Yellow, was faced with a multitude of decisions pertaining to the sustainable growth of the school. Recent growth patterns showed that programs with lower profit margins, such as classroom-based full-time programs, had experienced double-digit growth while student numbers for higher gross profit offerings, such as online and executive education programs had started to decline. Another challenge that the school faced was the need for its students to future-proof their careers in a world where artificial intelligence and machine learning threatened their careers and jobs. As such, Red & Yellow was confronted with one central strategic problem: How to grow strategically in the short term while developing a sustainable and scalable growth strategy for the school in the long term. Complexity academic level This case could work well as part of an executive education course, as well as a strategic management course for master’s degree or Master of Business Administration students. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 11: Strategy.

Incubating innovation in university settings: building entrepreneurial mindsets in the future generation of innovative emerging market leaders

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Virginia Bodolica ◽  
Martin Spraggon
Keyword(s):  
Higher Education ◽  
Diffusion Of Innovation ◽  
Emerging Economies ◽  
Curriculum Design ◽  
Best Practice ◽  
Emerging Market ◽  
Future Generation ◽  
Entrepreneurial Intention ◽  
Content Type ◽  
The Future

PurposeOne of the most discernible initiatives of entrepreneurial universities constitutes the launch of innovation centers, where students and alumni can incubate their business ideas and collaborate on innovative projects with the purpose of converting them into start-up ventures. While incubators and accelerators are quintessential in Western academic contexts, educational institutions in emerging economies are lagging behind in the preparation of future-ready business leaders via the establishment of hubs that stimulate entrepreneurial intention and diffusion of innovation.Design/methodology/approachIn this conceptual paper, the authors seek to contribute to the development of entrepreneurial education ecosystems in less advanced regions of the world through the activation of university-based centers of innovation. The authors rely on a general review of the specialized literature to identify best practice insights pertaining to curriculum design and draw on the combined expertise of the authors’ research team in delivering entrepreneurship and innovation (under)graduate courses and executive education programs in emerging countries.FindingsThe authors conceptualize the mission, vision and curriculum of an innovation hub that can be adopted by any institution of higher education from transitional and emerging market settings to build powerful entrepreneurial mindsets in the future generation of innovative leaders. The proposed innovation hub curriculum incorporates a number of practically relevant and learning boosting activities, including the “So, You Think You Can Innovate?” competition, networking events and guest speakers and training seminars and workshops.Originality/valueTo keep up with changing industry dynamics and secure the relevance of their programs, institutions of higher education in emerging economies need to embrace entrepreneurial models of instruction. They ought to allocate temporal, physical and mental spaces and infrastructure to students to facilitate the generation of innovative concepts and encourage them toward commercialization.

Talent Development for Faculty: The Case of Vietnam

2018 ◽  
Vol 20 (4) ◽  
pp. 428-443
Author(s):  
Tam T. Phuong ◽  
Dae Seok Chai
Keyword(s):  
Higher Education ◽  
Education System ◽  
Emerging Market ◽  
Talent Development ◽  
Interesting Case ◽  
Faculty Members ◽  
Education Development ◽  
Higher Education System ◽  
Knowledge Based Economy ◽  
Vietnamese Higher Education

The Problem With the rise of a globalized knowledge-based economy, the Vietnamese government has demonstrated a determination to build world-class universities by making higher education development one of the top national priorities. The Vietnamese higher education system is an interesting case of a latecomer’s development in an emerging market economy regulated by a single-party socialist state espousing communism. Although they have invested in higher education for decades, the system is still in a trial phase. For example, only two national universities cracked the top 150 in the Asian region, not in the world. Although the faculty talent pool can significantly help achieve the goals of the Vietnamese higher education system, the quality of Vietnamese faculty members is a key limitation. Furthermore, literature on talent development (TD) for faculty in the Vietnamese context is rare. The Solution This study aims to explore faculty TD trends and issues in the Vietnamese higher education system. This comprehensive review of the literature (a) provides an overview of the Vietnamese higher education system; (b) presents findings on the scope, foci, activities, and outcomes of faculty TD activities, and (c) provides implications for policy, practice, and further research on TD for faculty in Vietnam. As few published reviews of faculty TD in Vietnamese universities are available, the current comprehensive literature review can set the foundation for more effective practices and further research on TD and human resources development (HRD) for faculty in Vietnam. The Stakeholders The recommendations provided from this study will help HRD practitioners, institutional and ministerial decision makers, and faculty members in Vietnam.

Innovative Financing of Higher Education

2018 ◽  
Vol 5 (1) ◽  
pp. 61-74
Author(s):  
Jinusha Panigrahi
Keyword(s):  
Higher Education ◽  
Developing Countries ◽  
Public Management ◽  
New Public Management ◽  
Higher Education Institutions ◽  
Emerging Market ◽  
Private Higher Education ◽  
Public Financing ◽  
Innovative Methods ◽  
New Public

With the onset of new public management, there is a shift in the methods of financing of higher education institutions across the countries of the world, particularly emerging market economies, from public financing to private financing of higher education.1 Many countries adopted this shift very quickly while others have moved towards a gradual shift in adopting new systems to various extents. With the gradual decline in public financing of higher education institutions in developing countries like India, due to the competing demand for public funds and thereby privatization of public higher education institutions to share the cost of higher education to meet the growing demand for higher education, there are many new innovative methods that are adopted to finance higher education institutions. Further, the massification of higher education has encouraged the expansion of private higher education institutions to meet the sudden burst in the demand for higher education. The article discusses the issues and challenges in implementing the innovative methods of financing across the developed and developing countries with special regard to their implementation in a developing country like India.

Analyzing the factors that can limit the acceptability to introduce new specializations in higher education institutions

2017 ◽  
Vol 31 (4) ◽  
pp. 530-539 ◽  
Author(s):  
Wasim Abbas ◽  
Munir Ahmed ◽  
Rizwan Khalid ◽  
Tehreem Yasmeen
Keyword(s):  
Higher Education ◽  
Education System ◽  
Quantitative Methods ◽  
Higher Education Institutions ◽  
Emerging Market ◽  
Education Institution ◽  
International Standards ◽  
Student Perspective ◽  
Content Type ◽  
Higher Education System

Purpose The purpose of this paper is to provide a comprehensive view of barriers that restrict the adoption of new specializations and courses in the higher education institutions of Southern Punjab, Pakistan. Design/methodology/approach Quantitative methods were used to get the responses from the respondents of different institution of target areas. Results were further analyzed with the help of statistical tools. In total, 203 respondents were approached to fill the carefully designed questionnaire. Findings Results of the study clearly show four major factors, including internal barrier, external barrier, cultural barrier and leadership barrier, that are restricting the introduction and adoption of new specialization courses in higher education institutes of Southern Punjab. Suggestions at the end are made to address the restrictions. Research limitations/implications The current study states only six higher education institution of Southern Punjab, which is a kind of limitation itself. This study is conducted by taking into account the needs and trends of the businesses and markets; student perspective is not taken about the situation in this study, which is an another limitation of the study. To get more accurate and validated results, the higher education institutions located in other areas of Pakistan could be studied, which was not done in this study because of time and resource limitations. Practical implications This study may prove worthy to bring a positive and practical shift in the Pakistani higher education system. This study may also prove beneficial to show the actual picture of the situation to national leaders, academician and policy maker so that things are taken seriously to actually align the Pakistani higher education system with the emerging market demands and trends. Suggestions made in this study may provide comprehensive guidelines to the academic strategists to uplift the higher education institutions of Pakistan up to the international standards and requirements, so the Pakistani higher education institutions can get a respectful place in the international academic rankings. Originality/value The paper highlights the restrictions and helps the institutions to introduce new specialization courses.

scholarly journals Internationalization initiatives of Taiwan's higher education: a stepping stone to regional talent circulation or reproduction of unbalanced mobility scheme?

2020 ◽  
Vol 14 (2) ◽  
pp. 69-91
Author(s):  
Arianna Fang-Yu Lin
Keyword(s):  
Higher Education ◽  
International Education ◽  
Student Mobility ◽  
Emerging Market ◽  
Asian Countries ◽  
Content Type ◽  
Political Forces ◽  
Degree Level ◽  
Higher Education Internationalization ◽  
Shed Light

PurposeAs an emerging market of international education, Asian countries ambitiously launched internationalization initiatives and strategies to attract international talent. Since the 1990s, Taiwan's government has implemented various internationalization policies. Partly affected by the political forces of neighboring China, Taiwan's government launched the New Southbound Policy (NSP) as the main regional strategy in 2016. One of the aims of this strategy was to promote mutual talent mobility between Taiwan and New Southbound Policy countries (NSPC). The purpose of this study is to explore how the NSP influences the student mobility scheme in Taiwan.Design/methodology/approachThis study adopted the qualitative document analysis to investigate and compare the major Asian countries' internationalization focus and summarize Taiwan's internationalization development process and policy priorities. Moreover, a qualitative approach was adopted in order to collect data from 2005 to 2018 to examine Taiwan's student mobility scheme under the policy change.FindingsUnder the influence of the NSP after 2016, the student mobility scheme between Taiwan and NSPC could be categorized into five categories in accordance with the mobility rate. Although the nation-driven policy was considered powerful, the unbalanced flow between Taiwan and NSPC became severe.Research limitations/implicationsThe study lacked statistics on the degree level of outbound Taiwanese students going to NSPC. It could not compare the student mobility scheme between Taiwan and NSPC by degree level.Originality/valueThe research looked at the initiatives Asian countries have developed in order to raise higher education internationalization and regional status, which shed light on the national/regional approaches under the global change.

scholarly journals Diffusion of Innovation: Adoption of Learning Management System Technology in Emerging Market Economies

2020 ◽  
Vol 10 (1) ◽  
pp. 1
Author(s):  
Rashid Khan ◽  
Akash Dania ◽  
Dialdin Osman ◽  
Dexter Gettins
Keyword(s):  
Higher Education ◽  
Technology Adoption ◽  
Management System ◽  
Emerging Market ◽  
Learning Management System ◽  
Emerging Market Economies ◽  
Full Potential ◽  
Market Economies ◽  
Use Of Technology ◽  
Learning Management

The market for the next-generation learning management system (LMS) for higher education is poised to grow by the US $3.04 billion during 2020-2024 (MarketWatch, 2020), creating technological opportunities in the higher education learning landscape particularly due to growth in remote learning due to COVID-19 pandemic. This rapid growth necessitates an urgent need to integrate technology with the instructional design in academic programs at the Higher Educational Institutes (HEIs) globally.  The existing literature on the LMS suggests a considerable resistance among the instructor group towards technology adoption in pedagogic strategy.  LMS has been in existence for almost two decades, however, they have not been leveraged to their full potential. An understanding of the nature of technology adoption among instructor group is even more pronounced for the HEIs of emerging market economies (EMEs). An efficient and technology-inspired educational construct will boost the overall competitiveness of the EME's in their respective population skill development and attracting foreign investments for industrial growth. Moreover, given the lessons learned from the epidemiological uncertainties, such as most recently, the COVID-19 pandemic, educators should be prepared to utilize LMS to their full potential. The purpose of this study is to investigate the barriers and motivators in LMS adoption among emerging market economy HEIs and to propose a technology adoption model based on the Unified Theory of Acceptance and Use of Technology (V. Venkatesh et. al., 2012). The results of this study suggest implementing a dynamic feedback mechanism of technology adoption by instructors, and the need for HEIs to articulate strategic plan goals that focus on faculty professional development in the use of technology to build confidence among instructor group to enable the adoption of technology for instruction.

scholarly journals THE INTERNATIONALISATION OF EMERGING MARKET HIGHER EDUCATION PROVIDERS: EXPLORING TRANSNATIONAL PROVISION

2017 ◽  
Vol 16 (2) ◽  
Author(s):  
Eliza Russell
Keyword(s):  
Higher Education ◽  
Emerging Markets ◽  
Emerging Market ◽  
Transnational Education ◽  
Education Programs ◽  
Transnational Higher Education ◽  
Unique Character ◽  
Comprehensive Listing ◽  
Similarities And Differences ◽  
Transnational Engagement

The delivery of transnational higher education by emerging market providers is a relatively newphenomenon. While much has been written about mainly British, U.S. and Australian providersdelivering higher education programs offshore, this paper explores the transnational deliveryof education by two universities from emerging markets: Mexico's Sistema Tecnológico deMonterrey (Tec de Monterrey) and Malaysia's Limkokwing University of Creative Technology.By developing a comprehensive listing of the universities' transnational engagement andmotivations, and comparing them to traditional and contemporary firm internationalisationtheories, the paper is able to highlight some of the key similarities and differences between thetheory and practise in the context of emerging market transnational education providers. Thepaper finds that, despite the unique character of the sector, the patterns of internationalisationof Sistema Tecnológico de Monterrey and Limkokwing University of Creative Technologyare similar to those of firms in other industries. Furthermore, recent theories explaining theinternationalisation of developing country multinationals help to understand the speed atwhich both universities have internationalised and some of the business and non-businessadvantages gained from delivering programs abroad.Keywords: Transnational Education; Internationalisation, Emerging Markets,Internationalisation Theories, Higher Education, Mexico, Malaysia.

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