But academia is about something different than business.
Academia is about something different than business, but it is a business nevertheless.
At the end of the day, revenues have to at least match expenses, if people are to be paid and the school is to continue to survive. Most corporations these days, particularly in the high-tech sector, do not exemplify that. They have highly participative management structures. The newer businesses that depend on creativity and innovation are developing corporate cultures that mimic academia, just as academia is introducing principles of sound management. The distinctions are becoming more blurred from both sides.