CAPACITY OF HIGHER LEARNING INSTITUTIONS TO TAP BUSINESS OPPORTUNITIES IN THE EAST AFRICAN COMMUNITY
Main Article Content
Abstract
This paper evaluates the capacity of higher learning institutions to tap business opportunities in the East African Community (EAC) following signing of the trade facilitation protocol in 2010, a move that opened doors for organizations to do business in the enlarged market. Although doors are opened for business, higher learning institutions in Tanzania including the College of Business Education (CBE) have been confined to the local market. This study examines the capacity of these institutions in tapping business opportunities in the EAC market. A case study research design was adapted and quantitative data collected using structured questionnaires. The study was guided by innovative theory “Creative Destruction” and Resource Based View (RBV). A sample of 32 respondents was randomly selected so as to avoid bias. Data were analyzed using tabular method and critical variables were used to draw the conclusion. The main findings indicate that the emerged opportunities are not tapped by Tanzanian Higher Learning Institutions (HLIs) as opposed to other universities in developed countries due to having some weaknesses that need to be addressed.
Article Details
References
Amit, R., and Schoemaker, P. (1993). Strategic assets and organizational rent. Strategic Management Journal14(1), 33-46.Bain, J. (1959). Industrial Organization, New York: Wiley.Barney, J. (1991). Firm resources and sustained competitive advantage. Journal ofManagement 17(1), 99-120Cavana, R. Delahaye, B. and Sekaran, U. (2001). Qualitative and Quantitative Methods,Milton, Qld: John Wiley.CBE (1965) College of Business Education Act No. 31 of 1965CBE (2014) College of Business Education Prospectus 2014Cooper, D. and Emory, W. (1995). Business Research Methods, Chicago: Irwin.Drucker, P (1985) Innovation and entrepreneurship: New York, Harper 7 Row.EAC (2000) East African Community Union ActEAC (2010) East African Community Development Strategy Edelstein, R, and Douglas, J (2013) Why are Research Universities going Global? University World News. Issue no. 28Fonfria, A, Marin, R. and Alvarez, I.(2009) The role of networking in the competitiveness of firms. Technological Forecasting & Social ChangeGemmell, I Hamison, R Reed, C (2014) Internationalisation in online distance learning postgraduate education: a case study on student views on learning alongside students from other countries . Available from: http://www.researchgate.nGrant, R. (1991). A resources-based perspective of competitive advantage. California Management Review33 114-135.Hadi Nejatian, Shishi Piaralal, Mehdi H Rad and Babak M Tosarkani (2011) Towards Determination of Universities’ Innovation Success Factors: a Conceptual Framework. 2nd international conference on business and economic research Huang, H, Wayne, B and Anne, M (2009) Strategic Marketing of Educational Institutions; A study conducted in higher learning institutions in Taiwan.Kirzner, I (1979) Perception, Opportunity and Profit.University of Chicago Press. Chicago
Kleinknecht, A. and Reijnen, A. (1992) why do firms cooperate on R & D? An empirical study,Res. Policy.Kothari, C (2009) Research Methodology: Methods and Techniques Kotler, P. and Murphy, P. (1981). Strategic planning for higher education. The Journal of Higher Education 52(5), 470-489.Lynch, R. and Baines, P. (2004). Strategy development in UK higher education: Towards resource-based competitive advantages. Journal of Higher Education and Management26(2), 171-186.Nicolescu, L. (2009) Applying Marketing to Higher Education: Scope and Limits. Journal of Management and MarketingVol. 4,No.2. Pp 35-44 Academy of Economic Studies, BucharestSchumpeter, J (1934 Capitalism, Socialism and Democracy. New York: Harper & RowSchoonhoven, C. Estenhardt, K. and Lyman, K. (1990) Speeding products to markets: waiting time to first product introduction in new firms. Administrative Science Quarterly; 35:177-207Sangeetha, G (2015) More Indian Education Institutions Open Branches Abroad. www.Mydigitalfc.comaccessed on 5.6.2015Wernerfelt, B. (1984). A resource-based view of the firm. Strategic Management Journal 5(2), 171-181.