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Articles: Commerce

After years of working with multiple food service vendors and local restaurants, Carnegie Mellon University brought fast-casual bakery chain Au Bon Pain to campus. The school’s first experience with a national restaurant franchise, it was a 12-month process from the brainstorming phase to opening the doors to hungry students.

Ken Artin, is a public finance lawyer at Bryant Miller Olive. He can be reached at kartin@bmolaw.com.

There is a great need for infrastructure such as classrooms, student housing, dining and wellness facilities. Public-private partnerships (P3s) are a form of contracting between the public sector and private industry that capitalizes on the potential for private investment in a project, while sharing risk between the public and private partners.

Robert A. Walton is CEO of the National Association of College Stores

In the pursuit of streamlined processes and reduced risk, a significant question is often overlooked: Do you want a store that reflects the personality and values of your campus or do you want a cookie-cutter corporate showroom, focused on selling products and making a profit?

Colleges now enhance game-day experiences with more luxury suites and better wireless connectivity in an effort to lure fans away from the comforts of home and to the stadium. See a slideshow here.

Although Granville Towers, located across the street from UNC Chapel Hill’s campus, was built in 1964, it has been refurbished and updated multiple times by EdR, which manages the 1,327-bed residence hall. Student amenities include weekly housekeeping services for in-suite bathrooms, on-site dining hall and fitness center, a community kitchen, study lounges and a gift-wrapping station.

“What advice do you have for administrators about making long-term relationships with firms like yours beneficial for both parties?”

“Colleges and universities must clearly define their primary objectives and maintain a degree of flexibility with respect to their approach in ultimately determining the business relationship with their private sector partner. By their very nature, P3s are not ‘business as usual’ and therefore require clarity of purpose and flexibility in approach.”

Campus leaders across the country are working to spend money with businesses owned by minorities, women, veterans and other underrepresented groups. An equally important goal shared by many institutions is helping these business owners develop the know-how to compete in the wider economy.

Many higher ed librarians say they have found new ways to navigate the journal-subscription system.

Librarians and their advocates are also pushing for systemic change: a transition away from the subscription-based model of scholarly communication and toward open access. This transition to free availability of published research is one librarians say university administrators should work to accelerate.

To academic librarians, the serials crisis—the budget squeeze caused by the rising cost of subscriptions to scholarly journals—is old news.

Library spending on serials rose 402 percent between 1986 and 2012, according to the Association of Research Libraries, and costs for individual subscriptions rose by an average of 12 percent over the past two years alone, a Library Journal survey found. 

Five years ago, a researcher in Kazakhstan frustrated at the inaccessibility and cost of so many scholarly journals launched Sci-Hub, a website that today provides quick, free access to 47 million articles, often by illegally bypassing paywalls.

A recent article in Science found that in a single six-month period, Sci-Hub received requests for a staggering 28 million papers.

To the publishers whose copyrights are being subverted, Sci-Hub is nothing but piracy.

Leigh Greden is advisor to the president, and Russ Olwell is interim director of government and community relations at Eastern Michigan University.

Programs to help employees purchase housing near campus have gained favor in the past decade. A housing program that improves neglected areas only increases the profile and potential of the entire campus community.

Talent, technologies and capital converge at TechTown Detroit, an incubator formed by Wayne State University in partnership with General Motors and the Henry Ford Health System. Since 2004 TechTown has been housed in a 1920s-era building contributed by GM.

It takes more than good intentions and extra space to be successful in starting an incubator.

Here are three tips to to help campus departments of economic development go from idea to execution:

Elizabeth Riddle is the director of OnCampus Research, a division of The National Association of College Stores.

Conventional wisdom tells us students aren’t buying course materials because they are too expensive. They are forced to drop or not take classes or go without needed materials. But research tells a different story.

Administrators, faculty members and campus staff have been ordering all sorts of supplies from Amazon.com for years, but it was only recently that the e-tailing colossus jumped formally into the higher ed and business-to-business procurement market. And some in the procurement world see benefits ahead.

Say cheese: Most University of Alabama students avoid waiting in line at the Action Card office for an ID by submitting their application online. For anyone unable to access that system or who needs a replacement card, the office is ready to assist.

Regardless of the size of the staff or office, efficient campus card programs share several best practices: A focus on customer service, cutting-edge technology and collaboration with the campus community and beyond.

The new higher education alliances cropping up are not just of the regional variety.

A group of private colleges and universities created a consortium in fall 2015 to negotiate better deals on enterprise resource planning systems, which can account for up to 4 percent of an institution’s entire annual budget. The Higher Education Systems and Services Consortium (HESS) now has 65 members located in 15 states.

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