IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v20y2011i1p337-365.html
   My bibliography  Save this article

Stimulating graduates' research-oriented careers: does academic research matter?

Author

Listed:
  • Mauro Sylos Labini
  • Natalia Zinovyeva

Abstract

This article investigates whether the quality of higher education and, in particular, its research performance stimulate graduates' research-oriented careers. More specifically, exploiting a very rich data set on university graduates and the higher education institutions they attended, we empirically study whether graduates from universities and programs that display better academic research records are more likely to be enrolled in PhDs or employed as researchers 3 years after graduation. Controlling for a number of individual and university covariates and using different proxies for research performance, we find that the likelihood of entering a research-oriented career increases with the quality of academic research. Notably, the inclusion of university-fixed effects shows that this result does not stem from unobserved university heterogeneity. Our finding is stronger for graduates in hard sciences, medicine, and engineering. Copyright 2011 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

Suggested Citation

  • Mauro Sylos Labini & Natalia Zinovyeva, 2011. "Stimulating graduates' research-oriented careers: does academic research matter?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 20(1), pages 337-365, February.
  • Handle: RePEc:oup:indcch:v:20:y:2011:i:1:p:337-365
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/icc/dtq075
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
    2. Goolsbee, Austan, 1998. "Does Government R&D Policy Mainly Benefit Scientists and Engineers?," American Economic Review, American Economic Association, vol. 88(2), pages 298-302, May.
    3. André Sapir & Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell, 2007. "Why reform Europe's universities," ULB Institutional Repository 2013/8100, ULB -- Universite Libre de Bruxelles.
    4. Jérôme Vandenbussche & Philippe Aghion & Costas Meghir, 2006. "Growth, distance to frontier and composition of human capital," Journal of Economic Growth, Springer, vol. 11(2), pages 97-127, June.
    5. Laura Abramovsky & Rupert Harrison & Helen Simpson, 2007. "University Research and the Location of Business R&D," Economic Journal, Royal Economic Society, vol. 117(519), pages 114-141, March.
    6. Manuel Bagues & Mauro Sylos Labini & Natalia Zinovyeva, 2008. "Differential Grading Standards and University Funding: Evidence from Italy," CESifo Economic Studies, CESifo Group, vol. 54(2), pages 149-176.
    7. Paul M. Romer, 2001. "Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 221-252, National Bureau of Economic Research, Inc.
    8. Bruno Pottelsberghe de la Potterie, 2008. "Europe's R&D: Missing the Wrong Targets?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 43(4), pages 220-225, July.
    9. Francesco Lissoni & Bulat Sanditov & Gianluca Tarasconi, 2006. "The Keins Database on Academic Inventors: Methodology and Contents," KITeS Working Papers 181, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Sep 2006.
    10. Dosi, Giovanni & Llerena, Patrick & Labini, Mauro Sylos, 2006. "The relationships between science, technologies and their industrial exploitation: An illustration through the myths and realities of the so-called `European Paradox'," Research Policy, Elsevier, vol. 35(10), pages 1450-1464, December.
    11. Zvi Griliches, 1998. "The Search for R&D Spillovers," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 251-268, National Bureau of Economic Research, Inc.
    12. Bas Jacobs & Frederick van der Ploeg, 2006. "Guide to reform of higher education: a European perspective [‘The efficiency of Australian universities: a data envelopment analysis’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(47), pages 536-592.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Biancardi, Daniele & Bratti, Massimiliano, 2018. "The Effect of the First Italian Research Evaluation Exercise on Student Enrolment Choices," IZA Discussion Papers 11302, Institute of Labor Economics (IZA).
    2. Sucharita Ghosh & Emanuele Grassi, 2020. "Overeducation and overskilling in the early careers of PhD graduates: Does international migration reduce labour market mismatch?," Papers in Regional Science, Wiley Blackwell, vol. 99(4), pages 915-944, August.
    3. Daria Ciriaci, 2014. "Does University Quality Influence the Interregional Mobility of Students and Graduates? The Case of Italy," Regional Studies, Taylor & Francis Journals, vol. 48(10), pages 1592-1608, October.
    4. Biancardi, Daniele & Bratti, Massimiliano, 2019. "The effect of introducing a Research Evaluation Exercise on student enrolment: Evidence from Italy," Economics of Education Review, Elsevier, vol. 69(C), pages 73-93.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cowan, Robin & Zinovyeva, Natalia, 2013. "University effects on regional innovation," Research Policy, Elsevier, vol. 42(3), pages 788-800.
    2. Jürgen Janger, 2015. "Business Science Links For a New Growth Path. WWWforEurope Working Paper No. 107," WIFO Studies, WIFO, number 58413, February.
    3. Riccardo Crescenzi & Andrea Filippetti & Simona Iammarino, 2017. "Academic inventors: collaboration and proximity with industry," The Journal of Technology Transfer, Springer, vol. 42(4), pages 730-762, August.
    4. Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2005. "A tale of two market failures: Technology and environmental policy," Ecological Economics, Elsevier, vol. 54(2-3), pages 164-174, August.
    5. Amy Finkelstein, 2003. "Health Policy and Technological Change: Evidence from the Vaccine Industry," NBER Working Papers 9460, National Bureau of Economic Research, Inc.
    6. Castelló-Climent, Amparo & Mukhopadhyay, Abhiroop, 2013. "Mass education or a minority well educated elite in the process of growth: The case of India," Journal of Development Economics, Elsevier, vol. 105(C), pages 303-320.
    7. Alex Bell & Raj Chetty & Xavier Jaravel & Neviana Petkova & John Van Reenen, 2019. "Who Becomes an Inventor in America? The Importance of Exposure to Innovation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(2), pages 647-713.
    8. Bert Minne & Marc van der Steeg & Dinand Webbink, 2008. "Skill gaps in the EU: role for education and training policies," CPB Document 162, CPB Netherlands Bureau for Economic Policy Analysis.
    9. John Van Reenen, 2022. "Innovation and Human Capital Policy," NBER Chapters, in: Innovation and Public Policy, pages 61-83, National Bureau of Economic Research, Inc.
    10. Nicholas Bloom & John Van Reenen & Heidi Williams, 2019. "A toolkit of policies to promote innovation," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 10.
    11. Kong, Dongmin & Zhang, Bohui & Zhang, Jian, 2022. "Higher education and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 72(C).
    12. Daniel Kuehn & Hal Salzman, 2018. "The Engineering Labor Market: An Overview of Recent Trends," NBER Chapters, in: US Engineering in a Global Economy, pages 11-46, National Bureau of Economic Research, Inc.
    13. Gregory J Hather & Winston Haynes & Roger Higdon & Natali Kolker & Elizabeth A Stewart & Peter Arzberger & Patrick Chain & Dawn Field & B Robert Franza & Biaoyang Lin & Folker Meyer & Vural Ozdemir & , 2010. "The United States of America and Scientific Research," PLOS ONE, Public Library of Science, vol. 5(8), pages 1-9, August.
    14. Carol Corrado & Jonathan Haskel & Cecilia Jona-Lasinio, 2017. "Knowledge Spillovers, ICT and Productivity Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(4), pages 592-618, August.
    15. Frederic DOCQUIER & Çaglar OZDEN & Giovanni PERI, 2010. "The Wage Effects of Immigration and Emigration," LIDAM Discussion Papers IRES 2010044, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    16. Amable, Bruno & Ledezma, Ivan & Robin, Stéphane, 2016. "Product market regulation, innovation, and productivity," Research Policy, Elsevier, vol. 45(10), pages 2087-2104.
    17. Mand, Matthias, 2016. "On the Cyclicality of R&D Activities," VfS Annual Conference 2016 (Augsburg): Demographic Change 145472, Verein für Socialpolitik / German Economic Association.
    18. Manuel Trajtenberg, 2002. "Government Support for Commercial R&D: Lessons from the Israeli Experience," NBER Chapters, in: Innovation Policy and the Economy, Volume 2, pages 79-134, National Bureau of Economic Research, Inc.
    19. Lokshin, Boris & Mohnen, Pierre, 2008. "Wage effects of R&D tax incentives:Evidence from the Netherlands," MERIT Working Papers 2008-034, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    20. Richard M. H. Suen, 2013. "Research Policy and U.S. Economic Growth," Working papers 2013-18, University of Connecticut, Department of Economics.

    More about this item

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:20:y:2011:i:1:p:337-365. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/icc .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.