ERIC Number: EJ552356
Record Type: CIJE
Publication Date: 1997
Reference Count: 0
Why Can't a College Be More Like a Firm?
Winston, Gordon C.
Change, v29 n5 p32-38 Sep-Oct 1997
Although colleges and universities do sell goods and services, make them with purchased inputs and hired workers, use plants and equipment, and compete for customers and faculty inputs, they are fundamentally economically different from businesses in a number of ways. The unique costs, prices, production technologies, and markets of higher education make application of business-based economic models counterproductive. (MSE)
Publication Type: Journal Articles; Opinion Papers; Reports - Evaluative
Education Level: N/A
Authoring Institution: N/A