ERIC Number: ED433886
Record Type: RIE
Publication Date: 1998-Sep-10
Community Colleges: Innovators of Entrepreneurial Spirit. Digest Number 98-4.
Faris, Shannon K.
This article considers the current trend of community colleges to aggressively seek outside funding, above and beyond the contributions of federal and state governments. Over the past twenty years, student and market demand has outpaced the willingness as well as the ability of federal and state governments to contribute to community college funding. Public colleges in the United States now raise more extramural funds than do private colleges. Two-year colleges are the fastest growing sector of higher education yet they receive far less federal and state support than do four-year colleges and universities. Academic entrepreneurship is, for the most part, a recent development, hence very little conceptual literature exists on the topic as it applies to the United States. The paper refers to one such recent study of European universities which can be applied to U.S. institutions. The study, by Burton Clark, identifies five elements common among successful entrepreneurial institutions: (1) a strengthened steering core; (2) an expanded developmental periphery; (3) a diversified funding base; (4) a stimulated academic heartland; and (5) an integrated entrepreneurial culture. The author cites Delaware Technical and Community College as an example of a college that successfully integrates Clark's five entrepreneurial elements. The article concludes that the "good old days" of publicly supported higher education are not likely to return. (NB)
Publication Type: Information Analyses
Education Level: N/A
Authoring Institution: Ewing Marion Kauffman Foundation, Kansas City, MO. Center for Entrepreneurial Leadership.