A pithy analysis of MOOC business models

Short and to the point, this analysis by Reich and Ruipérez-Valiente report on the 'blue ocean strategy' of early MOOC platforms. Key statements include:

• Rather than creating new pathways at the margins of global higher education, MOOCs are primarily a complementary asset for learners within existing systems.
• A strategy that depends on bringing new learners into higher education cannot succeed if educational institutions cannot support learners in converting their time and financial investment into completing a course to earn a credential with labor market value.

Well worth reading!

Reich, J., & Ruipérez-Valiente, J. A. (2019). The MOOC pivot: What happened to disruptive transformation of education? Science, 363(6423), 130-131. doi:10.1126/science.aav7958