Strategy Development for Incumbent Urban Universities: Moving Forward in an Increasingly Competitive Environment

ABSTRACT

Recently, many urban public universities have seen a drastic increase in competition. This project integrates Schumpeter's economic theories from 70 years ago with current strategic management theory in order to provide a framework for strategic response to that competition. This article explores all possible combinations of the high-low quality and high-low price dichotomy under the model that the urban college student behaves more like a business than like a consumer.

KEYWORDS:

• Urban university
• strategy
• Internet
• competition