Journal ArticleDOI
Higher education governance and performance based funding as an ecology of games
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In this paper, the authors explain the failure of performance-based funding policies in terms of the inherent complexity of the higher education system, and discuss policy design implications like flexibility, symbolic contextualization and decentralized financial governance for higher education governance.Abstract:
To address the problematic situation of higher education affordability, and literacy, President Obama has recently outlined a new strategy to make colleges more affordable for the middle class. While this strategy includes many components, “Paying for Performance” is a core components of this new strategy. In recent years, states have also focused on performance based policies to influence the behaviour of higher education institutions. However, most impact assessment studies have shown that such policies have had a limited effect on the performance of these institutions. Most explanations given for this failure have been on the basis of principal-agent theory, resource dependence theory and neo-institutionalism. All these analyses tend to view universities in isolation of their real world ecology. Drawing from the insights of ecology of games perspective, this paper explains the failure of performance based funding policies in terms of the inherent complexity of the higher education system. Policy design implications like flexibility, symbolic contextualization and decentralized financial governance for higher education governance are also discussed.read more
Citations
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Journal ArticleDOI
The Ecology of Games as a Theory of Polycentricity: Recent Advances and Future Challenges
Ramiro Berardo,Mark Lubell +1 more
TL;DR: The Ecology of Games approach to examining complex governance systems in democratic societies has been recently refurbished to infuse renewed vitality in the analysis of institutions and collective action in polycentric governance systems as mentioned in this paper.
Journal ArticleDOI
Performance-based resource allocation for higher education institutions in China
TL;DR: Li et al. as discussed by the authors developed a performance-based method for a central planner to allocate research funding to different universities to better stimulate the research output, which takes multiple dimensions of research performance into account, including number of publications, number of patents, and revenue from knowledge transfer.
Journal ArticleDOI
Opportunities and challenges for big data analytics in US higher education: A conceptual model for implementation
TL;DR: A conceptual model for the successful implementation of analytics in higher education is proposed and some of the potential benefits of big data and analytics as applied to the world of higher education and implementation challenges that can be expected are explored.
References
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Book
Institutions, Institutional Change and Economic Performance
TL;DR: Douglass C. North as discussed by the authors developed an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time.
Posted Content
Institutions, Institutional Change, and Economic Performance
Douglass C. North,John Alt +1 more
TL;DR: In this article, the authors examine the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time.
Journal ArticleDOI
The Academic Ranking of World Universities.
Nian Cai Liu,Ying Cheng +1 more
TL;DR: Shanghai Jiao Tong University as mentioned in this paper has published an Academic Ranking of World Universities that has attracted worldwide attention, where institutions are ranked according to academic or research performance and ranking indicators include major international awards, highly cited researchers in important fields, articles published in selected top journals and/or indexed by major citation indexes, and performance per capita.
Journal ArticleDOI
Performance-based university research funding systems
TL;DR: This article found general lessons in the accumulated experience with performance-based research funding systems (PRFSs) that can serve to enrich our understanding of how research policy and innovation systems are evolving and link the PRFS experience with the public management literature, particularly new public management, and understanding of public sector performance evaluation systems.