In the US and UK in particular, higher education is at the early stages of a massive shift from public ownership to private ownership and entrepreneurial solutions. As the funds flow to innovators – or in Bb’s case, value hubs – tremendous wealth will be created for the risk-takers. In language and ideology that I’ve heard in numerous discussions over the past five years “education is the last industry to globalize”.
20110718 @ 1929
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George Siemens tries to understand and describe the story behind the acquisition of Blackboard.