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Nazeer, Irshad
- The Advent of Edupreneurs in India, Is Education Finally a Recognized Business?
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1 Department of Management Studies, Bangalore University, Bangalore - 560003 (Karnataka), IN
1 Department of Management Studies, Bangalore University, Bangalore - 560003 (Karnataka), IN
Source
Review of Professional Management- A Journal of New Delhi Institute of Management, Vol 9, No 1 (2011), Pagination: 104-111Abstract
Businessmen, entrepreneurs and investors have swarmed the education sector in the past few months suggesting that education has become an even better business than it was before. So, why are we educationists so surprised? Actually we aren't. We are only a bit amused, or maybe even confused. Because so much of entrepreneurial and investment activities are happening in a sector where profit making is either barred (schools and college education) or is looked down upon. In reality, most institutions do make profits, but they aren't allowed to say so. The paper brings out the rather uniquely exciting phase that the education business in India is entering into.The paper will focus on two important aspects of higher education, one is to understand what makes the entrepreneurs to invest in edupreneurship and other aspect is whether government will allow the higher educational institutions to make profit.