Abstract
ABSTRACT This article explores the influence of New Public Management (NPM) reforms on local higher education (HE) governance in the context of globalisation, focussing on the funding mechanisms of universities in Hong Kong and Taiwan. Through the development of an analytical framework for governance strategies, the study examines the principles underlying funding allocation and distribution decisions in these regions. The findings show that, although both regions adopt performance-based funding aligned with NPM principles, significant differences emerge due to their distinct political cultures and societal expectations. Taiwan’s strategy is characterised by regulatory oversight driven by societal shifts and electoral pressures, while Hong Kong’s approach is market-oriented, reflecting its British colonial heritage and alignment with industry demands. This study highlights the role of path dependency in shaping localised adaptations of global governance models, demonstrating the diversity and adaptability of HE governance strategies. The paper concludes by proposing directions for further research into the interplay between political culture and HE governance, advocating for the development of context-sensitive frameworks that address evolving governance strategies.
Published Version
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