• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
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HOME > Archive > 2014 > Volume 2 Number 2 (May 2014) >
JOEBM 2014 Vol.2(2): 130-132 ISSN: 2301-3567
DOI: 10.7763/JOEBM.2014.V2.112

Universities: Facing Change and Competition

Stanit Alexandra, Popa Liliana Mihaela, and Mihai Indres

Abstract—The growing importance of international competition is well recognized both in the business and academic environment. This article’s aim is to discusses the issue of how universities must learn to compete, given that national institutional context and everchanging environment facing many and different challenges. This means that, in some ways, the university has a central place and becomes more integrated into state’s economic activities and companies, than they were before. In the knowledge society, the university' mission is to create, develop and transfer knowledge capital in order to obtain valuable asset status in the modern economy. Therefore, universities face continous challenges due to globalization and internationalization of education, learning and research, and must satisfy higher quality demands, ‘measurable’ outcomes, and explicit economic benefits. Facing competition from other knowledge-providers, universities must change their identity from that of state-financed monopolies to self-financed participants in the knowledge - providing markets.

Index Terms—Change, competition, knowledge, university.

The authors are with Lucian Blaga University of Sibiu, Romania (e-mail: alexandra.stanit@ulbsibiu.ro).

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Cite:Stanit Alexandra, Popa Liliana Mihaela, and Mihai Indres, "Universities: Facing Change and Competition," Journal of Economics, Business and Management vol. 2, no. 2, pp. 130-132, 2014.

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