Markets and innovation in the education industry

The private education resource industry is one potential source of innovation in the education sector. This chapter outlines the results from a study of the market structure of the education industry covering 14 countries. The chapter reports its findings on 1) the size of the market, segmented where possible by levels of education 2) the number of firms and degree of market concentration 3) the market leaders and 4) the level of investment by those market leaders into research and development.The chapter also considers how the information available about the education resources sector could be improved and the role of policy makers in encouraging greater innovation in the sector as part of a wider innovation strategy for education and training.