Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

The HESFS for higher education funding, employment and sustainability

The HESFS for higher education funding, employment and sustainability The purpose of this paper is to develop a higher education funding and employment system that obviates barriers to sustainable development and helps engrain the notion of sustainability into the institutional framework.Design/methodology/approachThe “Higher Education Sustainability First System” (HESFS) is a conceptual model that builds upon ideas from previous literature. Its theoretical basis draws on a joint value creation framework from the stakeholder theory and business model perspectives.FindingsA holistic three-pillar approach that offers multiple value propositions is needed to engage the stakeholders to collaborate for the coherent functioning of the HESFS. This will enable the establishment of a viable innovative financial model and the institution of a sustainability-focused student employment program that are facilitated by a robust sustainable infrastructure. Several sustainable development goals may be furthered in the process.Research limitations/implicationsThe applicability of a part or entire HESFS depends on the characteristics of the higher education institution and the level of its maturity in a sustainable development process. Although its different constituents have been empirically validated in literature, the HESFS model could be applied in a case study to determine its potential feasibility.Practical implicationsThe HESFS may inspire policymakers, businesses and higher education institutions to forge alliances to devise innovative resources of funding and engage in employment partnerships that can lead to progress in sustainable development. It may particularly be useful for institutions in developing and less developed countries, where inequality and high youth unemployment rates prevail.Originality/valueBy focusing on an under-researched topic through a multitheoretical perspective, this study contributes to theories pertaining to stakeholder engagement and business models. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Sustainability in Higher Education Emerald Publishing

The HESFS for higher education funding, employment and sustainability

Download PDF
20 pages

Loading next page...
 
/lp/emerald-publishing/the-hesfs-for-higher-education-funding-employment-and-sustainability-JeKEemd0bn
Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1467-6370
eISSN
1467-6370
DOI
10.1108/ijshe-10-2019-0310
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to develop a higher education funding and employment system that obviates barriers to sustainable development and helps engrain the notion of sustainability into the institutional framework.Design/methodology/approachThe “Higher Education Sustainability First System” (HESFS) is a conceptual model that builds upon ideas from previous literature. Its theoretical basis draws on a joint value creation framework from the stakeholder theory and business model perspectives.FindingsA holistic three-pillar approach that offers multiple value propositions is needed to engage the stakeholders to collaborate for the coherent functioning of the HESFS. This will enable the establishment of a viable innovative financial model and the institution of a sustainability-focused student employment program that are facilitated by a robust sustainable infrastructure. Several sustainable development goals may be furthered in the process.Research limitations/implicationsThe applicability of a part or entire HESFS depends on the characteristics of the higher education institution and the level of its maturity in a sustainable development process. Although its different constituents have been empirically validated in literature, the HESFS model could be applied in a case study to determine its potential feasibility.Practical implicationsThe HESFS may inspire policymakers, businesses and higher education institutions to forge alliances to devise innovative resources of funding and engage in employment partnerships that can lead to progress in sustainable development. It may particularly be useful for institutions in developing and less developed countries, where inequality and high youth unemployment rates prevail.Originality/valueBy focusing on an under-researched topic through a multitheoretical perspective, this study contributes to theories pertaining to stakeholder engagement and business models.

Journal

International Journal of Sustainability in Higher Education – Emerald Publishing

Published: Apr 21, 2020

Keywords: Stakeholder theory; Business model; Sustainable development goals; Higher education finance; Joint value creation

References

  • Putting sustainable campuses into force: empowering students, staff and academics by the self-efficacy green office model
    Adomßent, M.; Grahl, A.; Spira, F.
  • Quest for a sustainable university: a review
    Amaral, L.P.; Martins, N.; Gouveia, J.B.
  • Barriers to innovation and sustainability at universities around the world
    Ávila, L.V.; Leal Filho, W.; Brandli, L.; Macgregor, C.J.; Molthan-Hill, P.; Özuyar, P.G.; Moreira, R.M.
  • The US college loans system: lessons from Australia and England
    Barr, N.; Chapman, B.; Dearden, L.; Dynarski, S.
  • Many roads lead to sustainability: a process‐oriented analysis of change in higher education
    Barth, M.
  • Predicting MBA graduates’ donation behaviour to their alma mater
    Baruch, Y.; Sang, K.J.
  • Labour program
  • UK reviews impact of student debt on financial stability
    Binham, C.
  • U.S. Bureau of labor statistics. Employment and unemployment among youth summary
  • Education’s big short: learning peonage in American universities
    Brehm, W.
  • Achieving campus sustainability: top‐down, bottom‐up, or neither?
    Brinkhurst, M.; Rose, P.; Maurice, G.; Ackerman, J.D.
  • Help desperately wanted: the coming employee shortage
    Cagle, K.
  • Student debt rising worldwide
    Chamie, J.
  • Current students as university donors? Determinants in college students’ intentions to donate and share information about university crowdfunding efforts
    Cho, M.; Lemon, L.L.; Levenshus, A.B.; Childers, C.C.
  • Higher education and stakeholders’ donations: successful civic crowdfunding in an Italian university
    Colasanti, N.; Frondizi, R.; Meneguzzo, M.
  • Assessing sustainability on Canadian university campuses: development of a campus sustainability assessment framework
    Cole, L.; Wright, T.
  • Trends in student aid
  • Overcoming barriers to campus greening
    Dahle, M.; Neumayer, E.
  • Associations between higher education sustainability and alumni giving
    Davis, A.
  • European commission reflection paper
  • Changing roles of universities in the era of SDGs: rising up to the global challenge through institutionalising partnerships with governments and communities
    El-Jardali, F.; Ataya, N.; Fadlallah, R.
  • Towards the sustainable corporation: win-win-win business strategies for sustainable development
    Elkington, J.
  • Stakeholder engagement in sustainability reporting in higher education
    Ferrero-Ferrero, I.; Fernández-Izquierdo, M.Á.; Muñoz-Torres, M.J.; Bellés-Colomer, L.
  • The impacts of higher education institutions on sustainable development
    Findler, F.; Schönherr, N.; Lozano, R.; Reider, D.; Martinuzzi, A.
  • Greening the bottom line, 2012
    Flynn, E.
  • A stakeholder theory perspective on business models: value creation for sustainability
    Freudenreich, B.; Lüdeke-Freund, F.; Schaltegger, S.
  • Business-model innovation: general purpose technologies and their implications for industry structure
    Gambardella, A.; McGahan, A.M.
  • The College Sustainability Report Card
  • Global reporting initiative
  • INSPIRE sustainability internships
    Hayles, C.S.
  • New experimental evidence on charitable gift restrictions and donor behaviour
    Helms, S.; Scott, B.; Thornton, J.
  • Prestige, charitable deductions and other determinants of alumni giving: evidence from a highly selective liberal arts college
    Holmes, J.
  • Designing business models options for university of the future
    Ibrahim, J.; Dahlan, A.R.A.
  • Implementation of student loan asset-backed securitization in Malaysian higher education
    Ismail, S.; Gregoriou, A.
  • Building a conceptual framework: philosophy, definitions, and procedure
    Jabareen, Y.
  • The triple layered business model canvas: a tool to design more sustainable business models
    Joyce, A.; Paquin, R.L.
  • A race to the bottom: MOOCs and higher education business models
    Kalman, Y.M.
  • Getting the rich and powerful to give
    Kessler, J.B.; Milkman, K.L.; Zhang, C.Y.
  • Integrative approaches to environmental sustainability at universities: an overview of challenges and priorities
    Leal Filho, W.; Shiel, C.; Paço, A.M.F.D.
  • Identifying and overcoming obstacles to the implementation of sustainable development at universities
    Leal Filho, W.; Wu, Y.C.J.; Brandli, L.L.; Avila, L.V.; Azeiteiro, U.M.; Caeiro, S.; Madruga, L.R.D.R.G.
  • The role of transformation in learning and education for sustainability
    Leal Filho, W.; Raath, S.; Lazzarini, B.; Vargas, V.R.; De Souza, L.; Anholon, R.; Orlovic, V.L.
  • Sustainability reporting at German and Austrian universities
    Lopatta, K.; Jaeschke, R.
  • Incorporation and institutionalization of SD into universities: breaking through barriers to change
    Lozano, R.
  • A tool for a graphical assessment of sustainability in universities (GASU)
    Lozano, R.
  • Sustainable business models: providing a more holistic perspective
    Lozano, R.
  • Declarations for sustainability in higher education: becoming better leaders, through addressing the university system
    Lozano, R.; Lukman, R.; Lozano, F.J.; Huisingh, D.; Lambrechts, W.
  • A review of commitment and implementation of sustainable development in higher education: results from a worldwide survey
    Lozano, R.; Ceulemans, K.; Alonso-Almeida, M.; Huisingh, D.; Lozano, F.J.; Waas, T.; Hugé, J.
  • What are the key elements of a sustainable university?
    Lukman, R.; Glavič, P.
  • A methodology for sustainability evaluation and reporting in higher education institutions
    Madeira, A.C.; Carravilla, M.A.; Oliveira, J.F.; Costa, C.A.
  • College fund raising using theoretical perspectives to understand donor motives
    Mann, T.
  • Implementation of SDGs at the university of South Africa
    Mawonde, A.; Togo, M.
  • Institutionalized organizations: formal structure as myth and ceremony
    Meyer, J.W.; Rowan, B.
  • Personal waste management in higher education
    Michael, J.; Elser, N.
  • Patterns of giving to one’s alma mater among young graduates from selective institutions
    Monks, J.
  • Assessment of sustainable university factors from the perspective of university students
    Nejati, M.; Nejati, M.
  • OECD harmonised unemployment rates news release
  • Work program
  • Income share agreement
  • The cathedral’s ivory tower and the open education bazaar–catalyzing innovation in the higher education sector
    Rabin, E.; Kalman, Y.M.; Kalz, M.
  • Experiences from the implementation of sustainable development in higher education institutions: environmental management for sustainable universities
    Ramos, T.B.; Caeiro, S.; Van Hoof, B.; Lozano, R.; Huisingh, D.; Ceulemans, K.
  • The business model canvas in university campus management
    Rytkönen, E.; Nenonen, S.
  • Achieving the sustainable development goals
    Sachs, J.D.
  • Assessing sustainability reports of US universities
    Sassen, R.; Azizi, L.
  • Comprehensive sustainability reporting in higher education institutions
    Sepasi, S.; Braendle, U.; Rahdari, A.H.
  • Workplace giving in universities: a US case study at Indiana university
    Shaker, G.G.; Borden, V.M.; Kienker, B.L.
  • Aligning campus strategy with the SDGs: an institutional case study
    Shiel, C.; Smith, N.; Cantarello, E.
  • Institutional herding
    Sias, R.W.
  • Dynamic stakeholder interaction analysis: innovative smart living design cases
    Solaimani, S.; Guldemond, N.; Bouwman, H.
  • Reforming higher education finance in Turkey: the alumni-crowdfunded student debt fund ‘A-CSDF’ model
    Son-Turan, S.
  • Sustainability disclosure in higher education
    Son-Turan, S.; Lambrechts, W.
  • Giving peace a chance: organizational leadership, empowerment, and peace
    Spreitzer, G.
  • The sustainability tracking, assessment and rating system
  • STARS 2.2 technical manual
  • Higher education, sustainability, and the role of systemic learning
    Sterling, S.
  • Agricultural sustainability institute
  • Sustainable development goals
  • United Nations global compact
  • Universitiamo
  • Towards a vision of a sustainable university
    Van Weenen, H.
  • The maturation process of incorporating sustainability in universities
    Vargas, L.; Mac-Lean, C.; Huge, J.
  • The integration of social responsibility and sustainability in practice: exploring attitudes and practices in higher education institutions
    Vargas, V.R.; Wall, T.; Hindley, A.; Rayman-Bacchus, L.; Avila, L.V.
  • Deterring sustainability in higher education institutions: an appraisal of the factors which influence sustainability in higher education institutions
    Velazquez, L.; Munguia, N.; Sanchez, M.
  • Sustainable university: what can be the matter?
    Velazquez, L.; Munguia, N.; Platt, A.; Taddei, J.
  • Fostering the incorporation of sustainable development in higher education. Lessons learned from a change management perspective
    Verhulst, E.; Lambrechts, W.
  • Higher education’s role in the 2030 agenda: the why and how of GUNi’s commitment to the SDGs
    Vilalta, J.M.; Betts, A.; Gómez, V.
  • Voluntary Support of Education Survey
  • Wheels of change in higher education: a collaborative, multi-stakeholder project as a vehicle for sustainability education
    Warr Pedersen, K.; Pharo, E.; Peterson, C.; Clark, G.A.
  • Future-proof your degree
    Winfield, F.; Ndlovu, T.