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Toward A Holistic Approach Of Evaluating Higher Education Institutes, Yidan Chen

Dissertations and Theses Collection (Open Access)

In this thesis, I argue that higher education institutes generate significant positive externalities and other virtual benefits to the society they embedded in, which often dwarf the direct economic returns created. It would be an unfortunate oversimplification to throw economic theories developed from the private sector directly to higher education institutes without acknowledging their unique social values. Following a long tradition of integrating social and economic perspectives, I proposed a conceptual paradigm for higher education system to cover its social as well as economic role. An institute sets strategic intents to live up to stakeholders’ expectations and then develops an …