The Global Phenomenon of Family-Owned or Managed Universities
The Global Phenomenon of Family-Owned or Managed Universities
Project Summary
Who owns a university? Who is in charge of its management and leadership? How are decisions made? The answers to these key questions would normally be governments or non-profit boards of trustees, or recently, for-profit corporations. However, there is another category of post-secondary institutions that has emerged in the past half-century challenging the time-honored paradigm of university ownership. Largely unknown, as well as undocumented, is the phenomenon of family-owned or managed higher education institutions (FOMHEIs). In Asia and Latin America, for example, FOMHEIs have come to comprise a significant segment of a number of higher education systems, as seen in the cases of Thailand, South Korea, India, Brazil and Colombia. This project identified FOMHEIs on all continents - ranging from well-regarded comprehensive universities and top-level specialized institutions to marginal schools - and analyzed their unique characteristics, as well as their role in the global higher education landscape.
Partnerships
Conducted in partnership with the Institute for Family Entrepreneurship at Babson College.
Affiliated Center
BC Center for International Higher Education