THE EMERGENCE OF NEW STRATEGIC BUSINESS MODELS FOR HEIS: EVIDENCE FROM BANGLADESH

No one thought about such a global pandemic situation. Coronavirus pandemic has made social distancing an inevitable new-norm. Education institutions seem to be a high-risk site for the spread of the virus as students used to behave in close community proximity in school, college, and university cam...

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Bibliographic Details
Published in:Academy of Entrepreneurship journal 2021-01, Vol.27, p.1-16
Main Author: Talukdar, Mohammad Rafiqul Islam
Format: Article
Language:English
Subjects:
21st century
Business models
Collaboration
College campuses
Competition
Content analysis
Coronaviruses
COVID-19
Disease transmission
Ecology
Entrepreneurship
Higher education
Open systems
Pandemics
Population
Students
System theory
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Summary:No one thought about such a global pandemic situation. Coronavirus pandemic has made social distancing an inevitable new-norm. Education institutions seem to be a high-risk site for the spread of the virus as students used to behave in close community proximity in school, college, and university campuses in Bangladesh and elsewhere. In such a situation, the emergence of new strategic business models for the education sector, especially for the higher education sub-sector, has become a must. The study has focused on why and how the business strategy of higher education institutions (HEIs) in Bangladesh has changed during the pandemic. What new models have emerged and what are their implications? The research, based on the structural contingency and population ecology theories, has followed focused synthesis and content analysis methods.
ISSN:1087-9595
1528-2686