Universities in the Marketplace: The Commercialization of Higher Education (The William G. Bowen Memorial Series in Higher Education) (The William G. Bowen Series) - Softcover

Bok, Derek

Softcover

ISBN 10: 0691120129 ISBN 13: 9780691120126

Publisher: Princeton University Press, 2004

Synopsis

Universities in the Marketplace Taking a look at the growing commercialization of our academic institutions, this book probes the efforts on campus to profit financially not only from athletics but increasingly, from education and research as well. It shows how such ventures are undermining core academic values and what universities can do to limit the damage. Full description

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Review:

"Derek Bok grasps better than anyone I know the changes that have taken place in the academic culture of American higher education. In Universities in the Marketplace, he documents the sheer growth of market forces and the escalation of commercialization in academia. Perhaps more important he alerts us that the reach of commercialization has moved from the innocent fringe of the campus (athletics and sweatshirts) to its academic heart. University presidents, trustees, and faculty leaders: take note! This is an important book."--Stanley O. Ikenberry, Regent Professor and President Emeritus, University of Illinois

"Derek Bok's wise and judicious book offers a road map for all concerned with the health and integrity of higher education in an age that has seen the boundaries between the academic, corporate, and public worlds become more permeable and the need to understand the costs associated with that transition more urgent. At the same time, President Bok's analysis of the potential dangers lurking in contemporary tendencies toward 'commercialization' is an affirmation that the enduring values of the academy can be extended and strengthened through thoughtful and careful engagement with the questions at issue."--Hanna Holborn Gray, President Emeritus, University of Chicago

"Combining the experience of a seasoned university president with the analysis of a respected legal scholar, Derek Bok explores what he concludes are 'signs of excessive commercialization in every part of the university.' His somber assessment of the current state of athletics, scientific research, and distance education, and his call for review and restraint, should engage the attention of every faculty senate in the country. He has given us a timely, candid, courageous, and important book."--Frank H. T. Rhodes, President Emeritus, Cornell University

"This book is a thoughtful and wide-ranging analysis of the commercial pressures on universities. There is no other study like it. Extremely well organized, clear, and gracefully written, Universities in the Marketplace will be of interest to all those concerned about higher education and its future."--William G. Bowen, President, The Andrew W. Mellon Foundation

"Universities in the Marketplace is quite a successful book that breaks valuable new ground. Derek Bok's calmly reasoned voice contrasts favorably with the hyperbole that surrounds many such discussions. The writing is so clear and the arguments so reasonable that it is easy to overlook the author's effortless command of the relevant literature and his well-judged historical treatment of his subjects. No other book is both so comprehensive and so accessible."--Michael McPherson, President, Macalaster College

"Derek Bok begins his new book with [a] nightmare of university avarice and moral decay. Some of the moneymaking schemes are imaginary, but, as Mr. Bok warns, the dangers inherent in the insatiable demands for revenue are not. . . . It is increasingly difficult . . . to meet higher education's insatiable financial demands through conventional means. . . . Mr. Bok notes that commercialization has seeped even into the core educational mission. . . . Having a Derek Bok to remind us of our higher calling and the present dangers may, if his words are heeded, be more consequential than we can imagine."---Anthony W. Marx, New York Times

"Raises lots of big, disquieting questions. . . . Universities that blur the lines between their own culture and that of the corporate world endanger their values without substantially raising the value of their endowments. It is, in short, shortsighted. With the publication of this book, the nation's universities can't say they weren't warned."---David M. Shribman, Chicago Tribune

"A humane and beautifully crafted book. Bok believes that the intrusion of the marketplace into the university is eroding fundamental academic values, and that we must act now to halt this decline. . . . [A] thoughtful and thought-provoking book."---Jeremy Gunawardena, Nature

"Winner of the 2003 "Silver" Frandson Award for Literature in Higher Education"

"Winner of the Alice L. Beeman Research Award in Communications for Educational Advancement"

Synopsis:

Is everything in a university for sale if the price is right? In this book, one of America's leading educators cautions that the answer is all too often "yes." Taking the first comprehensive look at the growing commercialization of our academic institutions, Derek Bok probes the efforts on campus to profit financially not only from athletics but increasingly, from education and research as well. He shows how such ventures are undermining core academic values and what universities can do to limit the damage. Commercialization has many causes, but it could never have grown to its present state had it not been for the recent, rapid growth of money-making opportunities in a more technologically complex, knowledge-based economy.A brave new world has now emerged in which university presidents, enterprising professors, and even administrative staff can all find seductive opportunities to turn specialized knowledge into profit. Bok argues that universities, faced with these temptations, are jeopardizing their fundamental mission in their eagerness to make money by agreeing to more and more compromises with basic academic values.

He discusses the dangers posed by increased secrecy in corporate-funded research, for-profit Internet companies funded by venture capitalists, industry-subsidized educational programs for physicians, conflicts of interest in research on human subjects, and other questionable activities.While entrepreneurial universities may occasionally succeed in the short term, reasons Bok, only those institutions that vigorously uphold academic values, even at the cost of a few lucrative ventures, will win public trust and retain the respect of faculty and students. Candid, evenhanded, and eminently readable, "Universities in the Marketplace" will be widely debated by all those concerned with the future of higher education in America and beyond.

About this edition

• Publisher: Princeton University Press
• Publication date: 2004
• ISBN 10: 0691120129
• ISBN 13: 9780691120126
• Binding: Paperback
• Number of pages: 248