Rights statement: This is an Accepted Manuscript of an article published by Taylor & Francis in Globalisation, Societies and Education on 14/07/2017, available online: http://www.tandfonline.com/10.1080/14767724.2017.1330136
Accepted author manuscript, 236 KB, PDF document
Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Market ordering as a device for market-making
T2 - the case of the emerging students’ recruitment industry
AU - Komljenovic, Janja
N1 - This is an Accepted Manuscript of an article published by Taylor & Francis in Globalisation, Societies and Education on 14/07/2017, available online: http://www.tandfonline.com/10.1080/14767724.2017.1330136
PY - 2017/7
Y1 - 2017/7
N2 - This paper focuses on market-making in the higher education sector and particularly on the role of the market ordering processes. The entry point to examine relations between market ordering and market-making is a private company called ICEF GmbH from Germany. ICEF is engaged in selling particular kinds of education services, delivered by orchestrating market encounters between education institutions and international student recruitment agents. The novelty of ICEF’s approach to making markets is that it draws on two existing markets in order to be able to monetise the particular market encounters. The first market is the higher education sector as an export industry, which ICEF both promotes and also legitimates. The second market concerns international student recruitment agents, in which ICEF actively constructs market ordering mechanisms. In doing so, ICEF is expanding their own opportunities for making profits at the same time as expanding higher education markets more broadly.
AB - This paper focuses on market-making in the higher education sector and particularly on the role of the market ordering processes. The entry point to examine relations between market ordering and market-making is a private company called ICEF GmbH from Germany. ICEF is engaged in selling particular kinds of education services, delivered by orchestrating market encounters between education institutions and international student recruitment agents. The novelty of ICEF’s approach to making markets is that it draws on two existing markets in order to be able to monetise the particular market encounters. The first market is the higher education sector as an export industry, which ICEF both promotes and also legitimates. The second market concerns international student recruitment agents, in which ICEF actively constructs market ordering mechanisms. In doing so, ICEF is expanding their own opportunities for making profits at the same time as expanding higher education markets more broadly.
KW - Higher education
KW - market-making
KW - recruitment agents
KW - international students
KW - ICEF
U2 - 10.1080/14767724.2017.1330136
DO - 10.1080/14767724.2017.1330136
M3 - Journal article
VL - 15
SP - 367
EP - 380
JO - Globalisation, Societies and Education
JF - Globalisation, Societies and Education
SN - 1476-7724
IS - 3
ER -