Varieties of academic capitalism and entrepreneurial universities : on past research and three thought experiments

Jessop, Robert Douglas (2017) Varieties of academic capitalism and entrepreneurial universities : on past research and three thought experiments. Higher Education, 73 (6). pp. 853-870. ISSN 0018-1560

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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 capitalism. The first involves a reductio ad absurdum argument about different potential steps in the economization, marketization and financialization of education and research and is illustrated from recent changes in higher education. The second maps actual strategies of the entrepreneurial university and their role in shaping academic capitalism. The third speculates on possible forms of ‘political’ academic capitalism and their changing places in the interstices of the other trends posited in these thought experiments. The article ends with suggestions for a research agendum that goes beyond thought experiments to substantive empirical investigations.

Item Type:
Journal Article
Journal or Publication Title:
Higher Education
Additional Information:
Article is for a special issue on Academic Capitalism, deriving from conference in Jena, March 2015
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1200/1200
Subjects:
?? academic capitalismentrepreneurial universitycultural political economyschumpeterentrepreneurshipmax weberpolitical capitalismvarieties of capitalismthought experimentknowledge-based economyeconomizationfinancializationsecuritizationfinance-dominated accu ??
ID Code:
84710
Deposited By:
Deposited On:
16 Mar 2017 04:47
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Jul 2024 10:24