Monopolisation via Technology Adoption in Institutions of Higher Education – Evidence from India

Abstract

Disruptions led by technology have forced the Institutions to think of new approaches and strategies to ensure their existence and dominance in the global marketplace. Institutions that can fund and leverage technology are in a relatively dominant position vis-à-vis other institutions like enrolments, research funding and forms of competitive positioning. The issue of whether the monopoly of an institution in the marketplace is influenced by technology has not been attempted by researchers. In our paper, we examine the perceived monopolization along with the intervention of technology using an SEM Model considering the selected parameters of accreditation, rating and innovation through a structured survey of 419 respondents from IHEIs. Results indicate that technology is a significant mediator of the monopolization of institutions. The role of the Government and other agencies becomes extremely important to ensure a healthy and balanced competition between the institutions of higher education and also help them to position globally.