Premium
The Changing Nexus: Tertiary Education Institutions, the Marketplace and the State
Author(s) -
Steier Francis A.
Publication year - 2003
Publication title -
higher education quarterly
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.976
H-Index - 42
eISSN - 1468-2273
pISSN - 0951-5224
DOI - 10.1111/1468-2273.00240
Subject(s) - nexus (standard) , higher education , corporate governance , context (archaeology) , state (computer science) , phenomenon , political science , economic growth , tertiary sector of the economy , public relations , public administration , intervention (counseling) , business , marketing , management , economics , engineering , geography , medicine , embedded system , physics , archaeology , algorithm , quantum mechanics , computer science , psychiatry
This article examines the evolving relationship between the marketplace, the state and tertiary education institutions. The context of these relations has evolved strikingly in recent years, which have seen three major developments: growing system differentiation, changing governance patterns and diminished direct involvement of governments in the funding and provision of tertiary education. This article first describes the key dimensions of the rise of market forces in tertiary education throughout the world and the main implications of this phenomenon. It then articulates the rationale for continuing public intervention in the sector and, in conclusion, outlines the nature of an appropriate enabling framework for the further development of tertiary education.