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The secondary markets of higher education: A Canadian context

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  • Jeffrey M. Litwin

Abstract

Viewed through a market paradigm, universities can appear as the aggregation of numerous and varied markets. While universities’ primary markets focus on teaching and research, they are active in many other markets, most of which support and contribute to their smooth, effective and efficient operation. Using financial and real estate markets as examples, the purpose of this article is to articulate some details that further validate the deepening complexity of the modern multiversity and to help clarify the extent to which market-like activities have infiltrated the institution, creating opportunities and posing threats. The cultural impact of the trend towards marketisation increases the need to protect the academic core of the academy. Les marchés secondaires de l’enseignement supérieur : un contexte canadien Vues à travers le paradigme du marché, les universités peuvent ressembler à un agrégat de marchés nombreux et différents. Bien que leurs marchés principaux se concentrent sur l’enseignement et la recherche, elles sont actives sur bien d’autres marchés dont la plupart est essentiel ou nécessaire à leur bon fonctionnement. En reprenant des exemples des marchés de l’immobilier et de la finance, l’article se propose d’articuler certains détails démontrant la complexité croissante de la multiversité moderne et apporte également un éclairage sur la façon dont les activités du marché ont infiltré l’université, ces phénomènes étant générateurs d’opportunités comme de menaces. L’impact culturel de la tendance portant vers la marchandisation accroît la nécessité de développer le corps enseignant de l’institution.

Suggested Citation

  • Jeffrey M. Litwin, 2009. "The secondary markets of higher education: A Canadian context," Higher Education Management and Policy, OECD Publishing, vol. 21(3), pages 1-18.
  • Handle: RePEc:oec:edukaa:5ksb3fn6x1lt
    DOI: 10.1787/hemp-21-5ksb3fn6x1lt
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