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Distinguished Speaker: Padmakumar Nair, LM Thapar School of Management, Thapar U. Presenter: Divya Bhutani, U. of Groningen Centre for Entrepreneurship, The Netherlands Chair: Aard J. Groen, U. of Groningen center of entrepreneurship Discussant: Jeffrey N. Hicks, U. of Texas at Dallas Discussant: Michel Ehrenhard, U. of Twente Discussant: Gregory G. Dess, U. of Texas at Dallas
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Demand for business education in India and other emerging economies is experiencing nothing short of explosive growth. Due to severe lack of qualified faculty and financial resources, managing this growth has brought policymakers face to face with the age-old dilemma of ‘quality vs. access.' The current system to ensuring quality follows a binary approach to regulating graduate level programs. In this PDW we demonstrate the use of framing and reframing as a policy-making and strategizing tool to finding effective approaches to improving and maintaining the quality of higher education in resource-constrained environments. We help participants learn that reframing the quality challenge through multiple perspectives should be the starting point of deciding any approach to improving quality in resource- constrained environments. We will reframe it using both free market and social entrepreneurial lenses. Further, we will demonstrate that a social entrepreneurial approach, due to its inherent focus on social impact and economic sustainability, will mainly focus on two of the most important determinants of quality of business education, they are namely faculty and fellow students. Finally, we will analyze the various aspects of efficiency- enhancing mechanisms of the free market and the social good agenda of social entrepreneurial ventures. The ideas we will discuss in this PDW could be useful in other emerging markets facing similar challenges of huge demand and a severe shortage of resources. |
This PDW is about Reframing for Policy and Strategy Innovation |
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