Rethinking Policy Diffusion: The Interstate Spread of “Finance Innovations”

Lacy, Thomas; Tandberg, David A.

doi:10.1007/s11162-014-9330-2

Cited by 32 publications

(24 citation statements)

References 45 publications

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“…For the demand side/supply side dimension, if the institution is the recipient of government money either in lump sum or earmarked capital funds, then the funding is called supply-side funding, and if the student receives the funding (through grants or vouchers), or if the institution has to submit tenders for research grants, then the funding is called demand-side funding (Bakker, 2007). Finance innovation is used mainly to refer to new strategies to enhance the demand-side funding (Lacy & Tandberg, 2014).…”

Section: Finance Innovationsmentioning

confidence: 99%

“…According to Lacy and Tandberg (2014), tuition decentralization is supported by the argument that "markets should drive prices and, once freed from artificial price controls, institutions would be able to compete on quality and students would 'vote with their feet' " (p. 629).…”

Section: Finance Innovationsmentioning

confidence: 99%

“…The stipend can be used by students to offset their total costs at the public higher education institution of their choice. This program, among others, provides a legally endorsed mechanism of competition for students among higher education institutions (Lacy & Tandberg, 2014).…”

Section: Finance Innovationsmentioning

confidence: 99%

“…By subscribing to prepaid tuition plans, students buy future credits at current prices and therefore fix a certain tuition rate and protect themselves against tuition inflation. Both plans were designed to make higher education affordable to more people, and more relevantly, the plans allow students to choose the institution continuously, hence more intense competition for students is created among the institutions (Lacy & Tandberg, 2014).…”

Section: Finance Innovationsmentioning

confidence: 99%

“…They also increase higher education affordability and allow limited college choice (Lacy & Tandberg, 2014).…”

Section: Finance Innovationsmentioning

confidence: 99%

See 4 more Smart Citations

A Systematic Literature Review of Funding for Higher Education Institutions in Developed Countries

Zhang¹,

Kang²,

Barnes³

2016

Front Educ China

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Resource allocation and funding in higher education is crucial to the success of reform and transformation of our higher education system. With a view to identifying trends and best practices in the area, utilizing a method of systematic literature review, we have critically reviewed relevant theories and practices from developed counties that are covered in the scholarly literature published in English in the past 10 years. Our review has revealed: (1) Several universal trends have exerted a decisive impact on resource allocation in higher education, for example, funding reduction and tuition fee increases, performancebased funding, privatization, corporatization, and internationalization; (2) Several theories underpin key research in the area, for example, new institutional economics, resource dependence theory, and political economy; (3) Several controversial issues have made their way into public debate, for example, higher education as a public good or private good, academic capitalism, educational equity, and the role of econometrics.

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Section: Finance Innovationsmentioning

confidence: 99%

Section: Finance Innovationsmentioning

confidence: 99%

Section: Finance Innovationsmentioning

confidence: 99%

Section: Finance Innovationsmentioning

confidence: 99%

“…They also increase higher education affordability and allow limited college choice (Lacy & Tandberg, 2014).…”

Section: Finance Innovationsmentioning

confidence: 99%