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Autor/inHess, Frederick M.
TitelFueling the Engine: Smarter, Better Ways to Fund Education Innovators
QuelleIn: Education Next, 10 (2010) 3, S.30-37 (8 Seiten)
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Spracheenglisch
Dokumenttypgedruckt; online; Zeitschriftenaufsatz
ISSN1539-9664
SchlagwörterSchool Choice; Educational Finance; Models; Funding Formulas; Educational Innovation; Financial Support; Delivery Systems; Nonprofit Organizations; Entrepreneurship; Change Strategies; Organizational Change; Program Descriptions
AbstractIn "Education Unbound: The Promise and Practice of Greenfield Schooling," this author argued for new education service-delivery organizations that, free from the constricting norms and rules of traditional providers, focused single-mindedly on executing their model. The challenge for reformers is to recognize that enabling such providers is not just a matter of promoting "school choice," but also of freeing up the sector to a wealth of different approaches and cultivating conditions in which problem-solvers can succeed and grow. In this article, the author argues that funding is the fuel required for innovators to thrive. He discusses the differences between for-profit and nonprofit funding models and describes smarter and better ways to fund education innovators. He also discusses three phases of investment, namely (1) startup capital; (2) growth capital; and (3) sustaining capital. (Contains 2 figures.) (ERIC).
AnmerkungenHoover Institution. Stanford University, Stanford, CA 94305-6010. Tel: 800-935-2882; Fax: 650-723-8626; e-mail: educationnext@hoover.stanford.edu; Web site: http://educationnext.org/journal/
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2017/4/10
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