2017
DOI: 10.1007/s10734-017-0120-6
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Varieties of academic capitalism and entrepreneurial universities

Abstract: This article begins with a brief review of research on the development of ideas about the knowledge-based economy (analysed here as 'economic imaginaries') and their influence on how social forces within and beyond the academy have attempted to reorganize higher education and research in response to real and perceived challenges and crises in the capitalist order since the mid-1970s. This provides the historical context for three 'thought experiments' about other aspects of the development of academic capitali… Show more

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Cited by 150 publications
(103 citation statements)
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References 44 publications
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“…It often focuses on shifts in internal management organization and capabilities, the introduction of internal markets and quasi-markets, quality assurance mechanisms, differentiated career tracks and growing precarity, new intermediary bodies for managing and transferring knowledge internally and with external partnerships (Slaughter and Cantwell 2012). Conversely, I suggest here that the rise of academic capitalism can be plotted in terms of five analytically distinct and potentially overlapping stages (for the theoretical rationale and more empirical details, see Jessop 2017). Accordingly, this section identifies some limits to academic capitalism that hinder a complete traversal of all stages short of reaching a fully financialized neoliberal dystopia.…”
Section: Economization Marketization and Financializationmentioning
confidence: 99%
“…It often focuses on shifts in internal management organization and capabilities, the introduction of internal markets and quasi-markets, quality assurance mechanisms, differentiated career tracks and growing precarity, new intermediary bodies for managing and transferring knowledge internally and with external partnerships (Slaughter and Cantwell 2012). Conversely, I suggest here that the rise of academic capitalism can be plotted in terms of five analytically distinct and potentially overlapping stages (for the theoretical rationale and more empirical details, see Jessop 2017). Accordingly, this section identifies some limits to academic capitalism that hinder a complete traversal of all stages short of reaching a fully financialized neoliberal dystopia.…”
Section: Economization Marketization and Financializationmentioning
confidence: 99%
“…Universities can also go further and merge to create larger bodies in order to obtain world-class proportions and secure research grants. 13 We recognise, with Jessop (2017), the varieties of academic capitalism, we identify a general trend towards the imposition of a unique globalized university model (Laval et al 2011), inspired by American academic capitalism. This tendency entails projects to increase tuition fees in many localities: Quebec (Martin and Ouellet 2011), Chile , France (Collectif ACIDES 2015), UK (Cruickshank 2016) etc.…”
Section: The Student Customer and The Entrepreneur-teachermentioning
confidence: 92%
“…Universities can also go further and merge to create larger bodies in order to obtain world-class proportions and secure research grants. 13 We recognise, with Jessop (2017), the varieties of academic capitalism, we identify a general trend towards the imposition of a unique globalized university model (Laval et al 2011), inspired by American academic capitalism. This tendency entails projects to increase tuition fees in many localities: Quebec (Martin and Ouellet 2011), Chile (Martin 2011), France (Collectif ACIDES 2015), UK (Cruickshank 2016) etc.…”
Section: The Student Customer and The Entrepreneur-teachermentioning
confidence: 92%