The combination of neo-liberalism and the massification of higher education combined with the diminished public funds for higher education contributed to the rise of academic capitalism and entrepreneurship across higher education systems and institutions across the world. With the focus on human capital development and its contribution to…

The private sector is playing an increasingly important role in financing and providing educational services in many countries. (Often the term "private sector" encompasses households' out-of-pocket expenses rather than describing for-profit or not-for-profit sectors.) Private sector development has not arisen primarily through public…