In Kenya, private universities like Daystar, Catholic University, United States International University-Africa, and University of Eastern Africa-Baraton rely on the market model of financing to run their programs. The state universities that have in the past relied on bureaucratic model of financing their programs have also resorted to the market model as a survival strategy.
This paper is divided into five sections. The first section looks at investment in higher education for Africa's development. A persuasive argument is made to show that education is the most durable investment that Africa needs for her development. This is followed by section two which specifically looks at Kenya Government's Funding of State Universities. Declining budgetary allocations to state universities, and hence the need for alternative sources of funding, are provided. Section three provides some successful evidences of the various entrepreneurial projects initiated by six state universities in Kenya. The last section of the paper looks at the conclusions emerging from the innovative income generating projects in Kenyan state universities.
Full text available as: MicroSoft Word, 2002 (98.0 KB)
|Title of Paper:||The market model of financing state universities in Africa: some innovative lessons from Kenya|
|Document Type:||conference paper|
|Subject Area:||Finance and Physical Resources|
|Keywords:||Funding of Higher Education, Public Expenditure, Cost Sharing, Income Generation, Entrepreneurial University, Kenya|
|File Size:||100 KB|
|Date Added:||12 October 2006|