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Title:University funding systems: Impact on research and teaching PDF Logo
Authors:Beath, John
Poyago-Theotoky, Joanna
Ulph, David
Issue Date:2012
Citation:[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [Volume:] 6 [Issue:] 2012-2 [Pages:] 1-24
Abstract: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'.
Subjects:university funding systems
higher education
research quality
teaching quality
university budget constraint
research elite
binary divide
JEL:I21
I22
I23
Persistent Identifier of the first edition:doi:10.5018/economics-ejournal.ja.2012-2
Creative Commons License:http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type:Article
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Journal Articles

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