University funding systems: Impact on research and teaching

Artikel

We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with different funding systems characterised by the pivotal role of the university funding budget constraint. In particular, we derive the feasible sets that face universities under such systems and show how, as the parameters of the system (the research block grant element, the research quality premium and the incentives-triggering quality threshold) are varied, the nature of the university system itself changes. Different 'cultures' ofthe university system emerge such as the 'research elite' and the 'binary divide'.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 6 ; Year: 2012 ; Issue: 2012-2 ; Pages: 1-24 ; Kiel: Kiel Institute for the World Economy (IfW)

Classification and Topics

• Classification: Wirtschaft ; Analysis of Education ; Educational Finance; Financial Aid ; Higher Education; Research Institutions
• Subject: university funding systems ; higher education ; research quality ; teaching quality ; university budget constraint ; research elite ; binary divide ; Hochschulfinanzierung ; Budgetrestriktion ; Dienstleistungsqualität

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Beath, John ; Poyago-Theotoky, Joanna ; Ulph, David
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2012

Further information

• DOI: doi:10.5018/economics-ejournal.ja.2012-2
• Handle: http://hdl.handle.net/10419/55263
• Last update: 10.03.2025, 11:42 AM CET