Academic capitalism hits the fan: The birth of acamanic capitalism

Dialogues in Critical Management Studies

Volumn 2, Issue , 2013, Pages 91-121

  Alajoutsijärvi, Kimmo ^a   Juusola, Katariina ^a   Siltaoja, Marjo ^a  

^a UNIVERSITY OF JYVÄSKYLÄ   (Finland)

Author keywords

Academic capitalism; Acamanic capitalism; Critical management studies; Dubai; Higher education; Management education

Indexed keywords

EID: 84938599939     PISSN: 20466072     EISSN: 20466080     Source Type: Book Series    
DOI: 10.1108/S2046-6072(2013)0000002010     Document Type: Chapter

References (120)

1. AACSB. (2011). Globalization of management education: Changing international structures, adaptive strategies, and the impact of institutions. Bingley, UK: Emerald.
2. Adamson, M. (2009). The financialization of student life: Five propositions on student debt. Polygraph, 21, 97–110.
3. Alajoutsijärvi, K., Juusola, K., & Kettunen, K. (2013). Americanization from a comparative perspective: Business school systems in Finland and the United Arab Emirates. Conference Paper: Academy of Management Annual Meeting. Orlando, FL.
4. Alajoutsijärvi, K., Juusola K., & Lamberg, J.-A. (2013). Institutional logic of business bubbles: Lessons from the Dubai business school mania. Academy of Management Learning & Education. doi:10.5465/amle.2012.0036
5. Alajoutsijärvi, K., Kettunen, K., & Tikkanen, H. (2012). The evolution of business schools as an institution in Finland 1909–2009. Management & Organizational History, 7(4), 1–31.
6. Al Jandaly, B. (2012). Bogus institutions leave students in the lurch. Gulf News, June 3.
7. Altbach, P. G., & Knight, J. (2007). The Internationalization of Higher Education: Motivations and Realities. Journal of Studies in International Education, 11(3/4), 290–305.
8. Altbach, P. G. (2011). Patterns of higher education development (2011). In P. G. Altbach, P. J. Gumport & R. O. Berdahl (Eds.), American higher education in the twenty-first century (pp. 15–36). Baltimore, MD: The John Hopkins University Press.
9. Archibald, R. B., & Feldman, D. H. (2011). Why does college cost so much? Oxford: Oxford University Press.
10. Aronowitz, S. (2000). The knowledge factory: Dismantling the corporate university and creating true higher learning. Boston, MA: Beacon Press.
11. Augier, M., & March, J. G. (2011). The roots, rituals, and rhetorics of change: North American business schools after the Second World War. Stanford: Stanford University Press.
12. Banerjee, S. B. (2000). Whose land is it anyway? National interest, Indigenous stakeholders and colonial discourses: The case of the Jabiluka uranium mine. Organization and Environment, 13(1), 3–38.
13. Banerjee, S. B. (2011). Embedding sustainability across the organization: A critical perspective. Academy of Management Learning and Education, 10(4), 719–731.
14. Bardsley, D. (2010). College closes after low take-up. The National, November 10.
15. Bennis, W. G., & O’Toole, J. (2005). How business schools lost their way. Harvard Business Review, 83(5), 96–104.
16. Bok, D. (2003). Universities in the marketplace: The commercialization of higher education. Princeton, NJ: Princeton University Press.
17. Bousquet, M. (2008). How the university works: Higher education and the low-wage nation. New York, NY: New York University Press.
18. Brandon, C. (2010). The Five-Year Party. How colleges have given up on educating your child and what you can do about it. Dallas, TX: BenBella Books.
19. Ching, G. S., & Chin, J. M. C. (2012). Managing higher education institution internationalization: Contemporary efforts of a university in Taiwan. International Journal of Research Studies in Management, 1(1), 3–16.
20. Collinge, A. M. (2009). The student loan scam: The most oppressive debt in U.S. history and how we can fight back. Boston, MA: Beacon Press.
21. Cox, A. M. (2003). None of your business: The rise of the university of pheonix and for-profit education and why it will fail us all. In B. Johnson, P. Kavanagh & K. Mattson (Eds.), Steal this university (pp. 15–32). New York, NY: Routledge.
22. Davidson, C. M. (2009). Dubai: Foreclosure of a dream. Middle East report, 251, 8–13.
23. Degree Info. (2006). Barrington University name change announcement. Retrieved from http://www.degreeinfo.com/general-distance-learning-discussions/23875-barrington-universityname-change-announcement.html
24. Dessoff, A. (2011). Cultivating branch campuses. International Educator, 11, 19–27.
25. DETC. (2012). Bulletin: Report from the accrediting commission. Retrieved from http://www.detc.org/actions/020912_AC_meeting_report.pdf
26. Duggan, E. (2000). Reality check for virtual academics.com. Retrieved from http://www.bizjournals.com/southflorida/stories/2000/10/16/story2.html?page=all
27. Durand, T., & Dameron, S. (2008). Management education as a system: A case study on Europe. In T. Durand & S. Dameron (Eds.), The future of business schools: Scenarios and strategies for 2020 (pp. 21–43). Basingstoke, UK: Palgrave Macmillan.
28. Engwall, L. (1997). Mercury and minerva: A modern multinational academic business studies on a global scale in business knowledge. In J. L. Alvarez (Ed.), The diffusion and consumption of business knowledge (pp. 81–109). Basingstoke, UK: Macmillan.
29. Engwall, L. (2004). The Americanization of Nordic management education. Journal of Management Enquiry, 13(2), 109–117.
30. Engwall, L. (2007). The anatomy of management education. Scandinavian Journal of Management, 23, 4–35.
31. George, J. (2010, December 13). Banned universities operating from RAK. Emirates 24/7 (Online).
32. George, J. (2011, January 30). Buy an MBA degree for Dh20,000. Emirates 24/7 (Online).
33. Ginsberg, B. (2011). The fall of the faculty: The rise of the all-administrative university and why it matters. Oxford: Oxford University Press, Inc.
34. Giroux, H. A. (2002). Neoliberalism, corporate culture, and the promise of higher education: The university as a democratic public sphere. Harvard Educational Review, 72(4), 425–464.
35. Grubb, W. N., & Lazerson, M. (2005). The education gospel: The economic power of schooling. Cambridge, MA: Harvard University Press.
36. Gül, H., Gül, S. S., Kaya, E., & Alican, A. (2010). Main trends in the world of higher education, internationalization and institutional autonomy. Procedia Social and Behavioral Sciences, 9, 1878–1884.
37. Harkness, S. (2003). Internet ‘colleges’ offer no-study diplomas for price. Rutland Herald, January 23.
38. Hawawini, G. (2005). The future of business schools. Journal of Management Development, 24(9), 770–782.
39. Jary, D., & Parker, P. (1998). The new higher education: Issues and directions for the post-Dearinguniversity. Staffordshire: Staffordshire University Press.
40. Kant, I. (1979). The Conflict of the Faculties (Der Streit Der Fakultaten, 1798; M. J. Gregor, Trans.). New York, NY: Abaris book.
41. Kauppinen, I. (2012). Towards transnational academic capitalism. Higher Education, 64, 543–556.
42. KHDA. (2010). The higher education landscape in Dubai 2010. Retrieved from http://www.khda.gov.ae/CMS/WebParts/TextEditor/Documents/HE%20/Landscape%20in%20Dubai%202010_eng.pdf
43. Khurana, R. (2007). From higher aims to hired hands: The social transformation of American business schools and the unfulfilled promise of management as a profession. Princeton, NJ: Princeton University Press.
44. Khurana, R., & Penrice, D. (2011). Business education: The American Trajectory. In M. Morsing & A. S. Rovira (Eds.), Business Schools and their Contribution to Society (pp. 3–15). London: Sage.
45. Kieser, A. (2004). The Americanization of Academic Management Education in Germany. Journal of Management Inquiry, 13, 90–97.
46. Kirk, D., & Napier, D. (2009). The transformation of higher education in the United Arab Emirates: Issues, implications, and intercultural dimensions. In J. Zajda, H. Daun & L. J. Saha (Eds.), Nation-building, identity and citizenship education: Cross cultural perspectives (pp. 131–142). Dordrecht, The Netherlands: Springer Science.
47. Knight, J. (1999). Internationalisation of higher education. In Quality and internationalization in higher education (pp. 13–27). Paris: OECD.
48. Knight, J. (2006a). Cross-border education: An analytical framework for program and provider mobility. In J. Smart & B. Tierney (Eds.), Higher education handbook of theory and practice (pp. 345–395). Dordecht: Springer.
49. Knight, J. (2006b). Higher education crossing borders. Report ED-2006/WS/61: 5-23. Commonwealth of Learning and UNESCO, Paris.
50. Knight, J., & De Wit, H. (1995). Strategies for internationalisation of higher education: Historical and conceptual perspectives. In H. De Wit (Ed.), Strategies for the internationalisation of higher education: A comparative Study of Australia, Canada, Europe and the United States of America (pp. 5–32). Amsterdam: EAIE Secretariat.
51. Knight, J., & Morshidi, S. (2011). The complexities and challenges of education hubs: Focus on Malaysia. Higher Education, 62(5), 593–606.
52. Lane, J. E. (2010). International branch campuses, free zones, and quality assurance: Policy Issues for Dubai and the UAE. Dubai School of Government, Policy Brief No. 20, Dubai.
53. Lane, J. E. (2011). Importing private higher education: International branch campuses. Journal of Comparative Policy Analysis: Research and Practice, 13(4), 367–381.
54. Lewin, T. (2008). U.S. Universities Rush to Set Up Outposts Abroad. The New York Times, February 10.
55. Lewin, T. (2012). Faculty gives Yale a dose of dissent over Singapore. The New York Times, April 4.
56. Locke, R. (1989). Management and higher education since 1940: The influence of America and Japan on West Germany, Great Britain, and France. Cambridge: Cambridge University Press.
57. Locke, R. (1996). Collapse of the American management mystique. New York, NY: Oxford University Press.
58. Locke, R., & Spender, J.-C. (2011). Confronting managerialism: How the business elite and their schools threw our lives out of balance. London: Zed Books.
59. Mahani, S., & Molki, A. (2011). Globalization of higher education in the United Arab Emirates. Conference Paper: The 2011 New Orleans International Academic Conference. New Orleans, LA.
60. Marens, R. (2013). What exactly did you expect from CMS? American business schools as an expression of futile relations. In V. Malin, J. Murphy &M. Siltaoja (Eds.), Getting things done: practice in critical management studies. Dialogues in critical management studies (Vol 2). Bingley, UK: Emerald Publishing.
61. Marginson, S., & Considine, M. (2000). The enterprise university: Power, governance and reinvention in Australia. Cambridge: Cambridge University Press.
62. McManis, G. L., & Parker, W. C. (1978). Implementing management information systems in colleges and universities. Littleton, CO: Ireland Educational Corp.
63. McNeill, D. (2008). South Korea Seeks a New Role as a Higher Education Hub. The Chronicle of Higher Education. Retrieved from http://viet-studies.info/Korea_Higher_Ed.pdf
64. Meyer, J. W., Ramirez, F. O., Frank, D. J., & Schofer, E. (2007). Higher education as an institution. In P. J. Gumport (Ed.), Sociology of higher education: Contributions and their contexts (pp. 187–221). Baltimore, MD: Johns Hopkins University Press.
65. Mills, A. (2010). Money can mean success or failure in the persian gulf. Chronicle of Higher Education, 56(41), A25.
66. Mintzberg, H. (2004). Managers not MBAs: A hard look at the soft practice of managing and management development. San Francisco, CA: Berrett-Koehler.
67. Mok, K. H. (2007). Questing for internationalization of universities in Asia: Critical reflections. Journal of Studies in International Education, 11(3/4), 433–454.
68. Mok, K. H. (2011). The quest for regional hub of education: growing heterarchies, organizational hybridization, and new governance in Singapore and Malaysia. Journal of Education Policy, 26(1), 61–81.
69. Muller-Camen, M., & Salzgeber, S. (2005). Changes in academic work and the chair regime: The case of German business administration academics. Organization Studies, 26(2), 271–290.
70. Murphy, J., & Zhu, J. (2012). Neocolonialism in the academy? Anglo-American domination in management journals. Organization, 19(6), 915–927.
71. Narayandas, D. (2007). Trends in executive education in business marketing. Journal of Business-to-Business Marketing, 14(1), 23–30.
72. Nikunen, M. (2012). Precarious work at the ‘entrepreneurial’ university: Adaptation versus ‘abandon ship’. Individualization and identity work: Coping with the ‘entrepreneurial’ university. In S. Ahola & D. M. Hoffman (Eds.), Higher education research in Finland: Emerging structures and contemporary issues (pp. 271–290). Jyväskylä: Jyväskylä University Press.
73. Noble, D. F. (2002). Digital diploma mills: The automation of higher education. In P.Mirowski & E.-M. Sent (Eds.), Science bought and sold: Essays in the economics of science (pp. 431–443). Chicago, IL: The University of Chicago Press.
74. Peters, K. (2010). As a business model, what we are doing right now is, for me, not sustainable. EFMD Global Focus, 4(3), 8–12.
75. Pfeffer, J., & Fong, C. T. (2002). The end of business schools? Less success than meets the eye. Academy of Management Learning & Education, 1(1), 78–95.
76. Pfeffer, J., & Fong, C. T. (2004). The business school ‘‘business’’: Some lessons from the US experience. Journal of Management Studies, 41(8), 1501–1520.
77. Prichard, C., & Willmott, H. (1997). Just how managed is the McUniversity? Organization Studies, 18(2), 287–316.
78. Reich, R. B. (2008). Supercapitalism: The Transformation of Business, Democracy, and Everyday Life. New York, NY: Vintage Books.
79. Ripoff Report. (2013). Retrieved from http://www.ripoffreport.com/colleges-and-universities/university-of-atlant/university-of-atlanta-uofa-ed-85310.htm
80. Ritzer, G. (1996). McUniversity in the postmodern consumer society. Quality in Higher Education, 2(3), 185–199.
81. Saravanamuthu, K., & Tinker, T. (2002). The University in the New Corporate World. Critical Perspectives on Accounting, 13(5/6), 545–554.
82. Schoepp, K. (2009). The United Arab Emirates and the branch campus gold rush. International Higher Education, 1, 22–23.
83. Schuetze, H. G. (2012). Universities and their communities – Engagement and service as primary mission. In L. McIlrath, A. Lyons & R. Munck (Eds.), Higher education and civic engagement – Comparative perspectives (pp. 61–77). New York, NY: Palgrave Macmillan.
84. Simon, H. A. (1967). The business school: A problem in organizational design. Journal of Management Studies, 4, 1–16.
85. Singh, G. (2002). Educational consumers or educational partners: A critical theory analysis. Critical Perspectives on Accounting, 13(5/6), 681–700.
86. Slaughter, S., & Leslie, L. L (1997). Academic capitalism: Politics, policies and the entrepreneurial university. Baltimore, MD: John Hopkins.
87. Slaughter, S., & Leslie, L. L. (2001). Expanding and elaborating the concept of academic capitalism. Organization, 8(2), 154–161.
88. Slaughter, S., & Rhoades, G. (2000). The neo-liberal university. New Labor Forum, 6, 73–79.
89. Slaughter, S., & Rhoades, G. (2004). Academic capitalism and the new economy: Markets, state and higher education. Baltimore, MD: The Johns Hopkins University Press.
90. Slaughter, S., & Rhoades, G. (2011). Markets in higher education: Trends in academic capitalism. In P. G. Altbach, P. J. Gumport & R. O. Berdahl (Eds.), American higher education in the twenty-first century (pp. 433–463). Baltimore, MD: The John Hopkins University Press.
91. Spencer, T. (2008). Alabama takes aim at Internet colleges; Chancellor’s office says targets ‘not real schools’. The Birmingham News, September 2.
92. Söderqvist, M. (2001). The internationalization and strategic planning of higher-education institutions: an analysis of Finnish EPS strategies. Helsinki: Helsingin kauppakorkeakoulu
93. Spender, J. C. (2008). The business school in America: A century goes by. In T. Durand & S. Dameron (Eds.), The Future of Business Schools: Scenarios and Strategies for 2020 (pp. 9–18). Basingstoke, UK: Palgrave Macmillan.
94. Stookey, S. (2013). Getting (the Wrong/Right) Things Done – Problems and Possibilities in U.S. Business Schools. In V. Malin, J. Murphy & M. Siltaoja (Eds.), Getting things done: Practice in critical management studies. Dialogues in critical management studies (Vol. 2). Bingley, UK: Emerald.
95. Suzuki, D. (1989). The prostitution of academia. Inventing the future: Reflections on science, Technology and nature. NSW: Allen & Unwin.
96. Taylor, M. C. (2010). Crisis on campus. A bold plan for reforming our colleges and universities. New York, NY: Alfred A. Knopf.
97. Teece, D. J. (2010). Business models, business strategy and innovation. Long Range Planning, 43, 172–194.
98. Tellus Institute. (2011). Academic excess: Executive compensation at leading private colleges and universities in Massachusetts. Retrieved from http://www.tellus.org/publications/files/issue-brief-exec-comp-201109.pdf
99. Terri, K. (2008). Higher education reforms in South Korea: public-private problems in internationalising and incorporating universities. Policy Futures in Education, 6(5), 558–568.
100. Thelin, J. R. (2011). A history of American higher education (2nd ed.). Baltimore, MD: The John Hopkins University Press.
101. Thomas, H., & Wilson, A. D. (2011). ‘Physics Envy’, Cognitive legitimacy or practical relevance: dilemmas in the evolution of management research in the UK. British Journal of Management, 22, 443–456.
102. Tikly, L. (2001). Globalisation and education in the postcolonial world: Towards a conceptual framework. Comparative Education, 37(2), 151–171.
103. Tiratsoo, N. (2004). The ‘Americanization’ of management education in Britain. Journal of Management Inquiry, 13(2), 118–126.
104. Tuchman, G. (2009). Wannabe U: Inside the corporate university. Chicago, IL: University of Chicago Press.
105. University of Atlanta. (2013). Retrieved from http://www.uofa.edu/missionObjectives.asp?sec=aboutUs
106. Üsdiken, B. (2004). Americanization of European management education in historical and comparative perspective: A symposium. Journal of Management Inquiry, 13(2), 87–89.
107. Üsdiken, B. (2007). Commentary: management education between logics and locations. Scandinavian Journal of Management, 23(1), 84–94.
108. Van der Wende, M., & Middlehurst, R. (2004). Cross-border post-secondary education in Europe. In Internationalisation and trade in higher education: Opportunities and challenges (pp. 87–135). Paris: OECD.
109. Vincent-Lancrin, S. (2004). Cross-border education: An overview. In Internationalisation and trade in higher education: Opportunities and challenges (pp. 17–38). Paris: OECD.
110. Wächter, B., Ollikainen, A., & Hasewend, B. (1999). Internationalisation of higher education. In B. Wächter (Ed.), Internationalisation in higher education: A paper and seven essays on international cooperation in the tertiary school (pp. 11–71). Bonn: Lemmens Verlags.
111. Washburn, J. (2005). University, Inc.: The corporate corruption of American higher education. New York, NY: Basic Books.
112. Willmott, H. (1995). Managing the academics: Commodification and control in the development of university education in the UK. Human Relations, 48(9), 993–1020.
113. Willmott, H. (2013). Changing institutions: Critical management studies as a social movement. In V. Malin, J. Murphy & M. Siltaoja (Eds.), Getting things done: Practice in critical management studies. Dialogues in critical management studies (Vol. 2). Bingley, UK: Emerald.
114. Wildavsky, B. (2010). The great brain race: How global universities are reshaping the world. Princeton, NJ: Princeton University Press.
115. Wilkins, S., & Huisman, J. (2012). The international branch campus as transnational strategy in higher education. Higher Education. doi: 10.1007/s10734-012-9516-5. Springer Science.
116. Williamson, O. E. (2012). Corporate finance and corporate governance. The Journal of Finance, 43(3), 567–591.
117. Wilson, D., & McKiernan, P. (2011). Global mimicry: Putting strategic choice back on the businesss school agenda. British Journal of Management, 22, 457–469.
118. Wilson, J. A. (1981). Management science applications to academic administration. San Francisco, CA: Jossey-Bass.
119. Ylijoki, O.-H., Marttila, L., & Lyytinen, A. (2012). The role of basic research at the entrepreneurial university: Back to Basics. In S. Ahola & D. M. Hoffman (Eds.), Higher education research in Finland: Emerging structures and contemporary issues (pp. 111–130).
120. Zemsky, R. (2009). Making reform work: The case for transforming American higher education. Piscataway, NJ: Rutgers University Press.