FINANCIAL AUTONOMY TO IMPLEMENT INNOVATION IN HIGHER EDUCATION

Abstract

Financial autonomy can help public universities increase their revenue, thereby equipping them with better facilities, improving the quality of training and the lives of officials and employees; At the same time, it reduces pressure on the state budget, so this will be an inevitable trend. However, financial autonomy will cause many difficulties for learners, higher education institutions as well as management agencies. Therefore, it is necessary to find solutions to support stakeholders to achieve financial autonomy in the best possible way.