University-industry collaboration and malaysian public universities funding model

Imaduddin, Abidin and Anita, Abdul Rani and Zarina, Mohd Ali and Jamal Rizal, Razali (2017) University-industry collaboration and malaysian public universities funding model. In: Proceedings of 14th International Conference on Economices and Social Sciences (ICESS-2017) , 21-22 October 2017 , Istanbul, Turkey. pp. 149-155.. ISSN 2307-7549

pbmsk-2017-imad-university-industry collaboration and malaysia1.pdf

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The volatility of the global economy as a result of the falling oil prices worldwide has affected the domestic economy of Malaysia as a whole. This scenario has consequently changed the landscape of the Malaysian education industry, particularly in the management of the 20 public universities all over Malaysia. The shrinking operating budget allocated by the Ministry of Higher Education (MoHE) from total funding to only 70 percent has changed the public universities funding model in seeking financial resources to cope with the shortcomings.Thus, this paper aims to discuss the impact of educational budget cuts on the Malaysian public universities and propose practical solutions to overcome this impact on operating expensesof these universities from the viewpoint of the stakeholder theory. Key to our recommendation is the establishment of university-linked companies (ULCs) that are adapted based on the existing model of the Malaysian Government-linked Companies (GLCs) through University-Industry Collaboration (UIC).

Item Type: Conference or Workshop Item (Lecture)
Uncontrolled Keywords: University funding model; University-Industry Collaboration (UIC); Government-linked Companies (GLCs); University-linked Companies (ULCs)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty/Division: Centre For Modern Languages and Human Sciences
Depositing User: Noorul Farina Arifin
Date Deposited: 13 Nov 2017 01:31
Last Modified: 09 Jan 2024 03:27
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