This study investigates the optimal management model (not-for-profit vs. for-profit) for high-quality development of private universities in China. Using system dynamics modeling and a case study of K University, the research simulates four development paths: steady/rapid development under not-for-profit and for-profit orientations. The findings suggest that a not-for-profit model with government financial support promotes higher quality development, leading to greater financial surplus and investment in school operations.
Publisher
Humanities and Social Sciences Communications
Published On
Dec 11, 2023
Authors
Shufen Duan, Hongjuan Yang, Fan Ning
Tags
private universities
not-for-profit
for-profit
development model
China
system dynamics
financial support
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