Browsing by Subject "Higher education"

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Higher education and the fall and rise of inequality
(2016) Prettner, Klaus; Schaefer, Andreas
We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel overlapping generations model with three social classes: the rich, the middle class, and the poor. We show that there is an initial phase in which no social class invests in higher education of their children such that inequality is driven by bequests. Once a certain income threshold is surpassed, the rich start to invest in higher education of their children, which partially crowds out bequests and thereby reduces income inequality and inheritance flows in the short run. The better educated children of the rich, however, enjoy higher incomes such that inequality starts to rise again. As time goes by, the middle class and potentially also the poor start to invest in higher education. As the economy proceeds toward a balanced growth path, educational differences between social groups and thus inequality decline again. We argue that (1) the proposed mechanism has the potential to explain the U-shaped evolution of income inequality and inheritance flows in rich countries as well as the differential investments in higher education by richer and poorer households, (2) the currently observed increase in inequality is likely to level off in the future.
Third Mission Advancement in Higher Education : developing and envisioning entrepreneurial pathways for higher education institutions
(2020) Stolze, Audrey; Kuckertz, Andreas
In 1983, Henry Etzkowitz coined the term ‘entrepreneurial universities’ to explain the strategic developments taking place at some American higher education institutions (HEIs) that have engaged in industry partnerships and generating revenue from new sources, such as patents. The involvement of HEIs in economic activities has led scholars to propose that HEIs currently have a third mission beyond the traditional two missions of teaching and researching. In the past few decades, this phenomenon has attracted the attention of policy-makers, researchers, and HEI leaders, with new developments being documented in many countries around the world. Nevertheless, one aspect of this phenomenon that remains poorly understood is the entrepreneurial pathways pursued by HEIs in their attempt to strategically develop their third mission. Therefore, the overarching research question addressed in this dissertation is: how can HEIs become more entrepreneurial and strategically advance their third mission? The purpose of this dissertation is to envision and develop entrepreneurial pathways for HEIs, contributing to the research domain of higher education entrepreneurialism from a managerial perspective. This dissertation comprises three studies: (1) a systematic literature review of the transformation journey of 36 HEIs across the globe establishes the researching status quo, proposes core entrepreneurial pathways and an action-framework, and identifies specific research avenues for the topic; (2) an international foresight study adds a novel perspective by proposing five future scenarios for HEIs based on the interests, preoccupations, and expectations of entrepreneurial ecosystem stakeholders from sixteen countries; and (3) a confirmatory study which identifies two mechanisms through which dynamic capabilities translate into third mission strategic advancements. Combined, these studies shed light on the strategic choices HEIs must take when developing their third mission, effectively explaining how HEIs can become more entrepreneurial. This dissertation thereby contributes concomitantly to the theory on entrepreneurial universities and HEIs’ management practice.