Recruitment strategies in a university institution: A theoretical cost minimization approach

Artikel

We study faculty recruitment issues in a university. We develop a cost minimization model that considers the decision-making process for the university administration by proposing a new approach of selecting tenure and non-tenure track faculty who are expected to achieve the institutional research and teaching goals. We explain the existence of tenure from an economic perspective. We propose a faculty tenure-granting process for a variety of institutions ranging from pure-teaching, teaching emphasis, research emphasis and pure-research institutions. We find that a teaching-emphasis or a pure-teaching institution (a research-emphasis or a pure-research institution) can increase the emphasis on research (teaching) without increasing costs. This paper makes important contributions to the university recruitment strategy by providing a set of guidelines on how to manage teaching and research incentives. The paper also contributes to the ongoing debate about tenure by providing a newer perspective and to the general theory of strategic university management.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 7 ; Year: 2019 ; Issue: 1 ; Pages: 1-20 ; Abingdon: Taylor & Francis

Classification and Topics

• Classification: Wirtschaft
• Subject: academic recruitment ; tenure ; economics ; faculty appointments

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Awudu, Iddrisu ; Kuppusamy, Saravanan ; Norbis, Mario ; O'Connor, Matthew
• Event: Veröffentlichung
• (who): Taylor & Francis
• (where): Abingdon
• (when): 2019

Further information

• DOI: doi:10.1080/23322039.2019.1607050
• Handle: http://hdl.handle.net/10419/245232
• Last update: 10.03.2025, 11:44 AM CET