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Developing a Holistic Assessment for Land Grant University Economic Impact Studies: A Case Study

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  • Travis, Elli
  • Alwang, Albert
  • Elliott-Engel, Jeremy

Abstract

A southern Land-Grant University (LGU) conducted an economic impact study of its Cooperative Extension and Agricultural Research Centers. The Association of Public and Land-Grant Universities promotes the use of economic impact studies, however their design is business innovation-centric, deemphasizing the human capital development component that Extension provides. Literature on economic impact theoretical frameworks or proven methodological approaches to assess both the technical and human innovation side of an organization of this size, scale, and scope is limited. This led to the design of an exploratory qualitative study to determine what impacts should and could be measured, and how to attribute an economic value to particular research and extension programming. An analysis of input from industry stakeholders, administrators, and practitioners helped determine that the dominant economic impact assessment tools: large scale input-output models and small scale return on investment and productivity studies, have limitations in accurately operationalizing economic impact calculations for such a large state-wide organization. Initial results of this study demonstrate that both public and private innovations and technical assistance have impacts on the economy. This study exposed measures, methods and recommendations for future economic impact study design.

Suggested Citation

  • Travis, Elli & Alwang, Albert & Elliott-Engel, Jeremy, 2018. "Developing a Holistic Assessment for Land Grant University Economic Impact Studies: A Case Study," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266789, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea18:266789
    DOI: 10.22004/ag.econ.266789
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    References listed on IDEAS

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    2. Jock R. Anderson, 2004. "Agricultural Extension: Good Intentions and Hard Realities," The World Bank Research Observer, World Bank, vol. 19(1), pages 41-60.
    3. Nguyen, Huu Nhuan & van de Fliert, Elske & Nicetic, Oleg, 2015. "Towards a holistic framework for impact assessment of agricultural research for development – understanding complexity in remote, culturally diverse regions of Vietnam," Australasian Agribusiness Review, University of Melbourne, Department of Agriculture and Food Systems, vol. 23, March.
    4. Nguyen, Huu Nhuan & Van De Fliert, Elske & Nicetic, Oleg, 2015. "Beyond economic impact: towards a holistic framework for impact assessment of agricultural research for development in remote and culturally diverse regions of Vietnam," 2015 Conference (59th), February 10-13, 2015, Rotorua, New Zealand 202563, Australian Agricultural and Resource Economics Society.
    5. Norton, George W. & Davis, Jeffrey S., 1979. "Review Of Methods Used To Evaluate Returns To Agricultural Research," Staff Papers 13520, University of Minnesota, Department of Applied Economics.
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    Keywords

    Community/Rural/Urban Development; Teaching/Communication/Extension/Profession;

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