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Financial Support as a Pillar of Internationalization in Higher Education: Enhancing Mobility and Global Collaboration

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  • Cristina Duhnea

    (Ovidius University of Constanta, Constanta, Romania)

  • Andreea-Daniela Moraru

    (Ovidius University of Constanta, Constanta, Romania)

Abstract

This article examines the pivotal role of financial support in advancing the internationalization strategy of Ovidius University of Constanța (OUC) between 2013 and 2024. Using data from Erasmus Plus Program funding and institutional reports, the research evaluates the impact of external funding for mobilities for staff and students. Over the analyzed period, OUC increased its funding by 2.5 times and enhanced its absorption rates, highlighting the effective implementation of financial strategies despite challenges such as the COVID-19 pandemic. The dual framework of "internationalization abroad" and "internationalization at home" enabled broader global engagement through increased student and staff mobilities and expanded partnerships, particularly with third countries. Key findings reveal the significance of external funding in reducing institutional budget pressures while promoting cultural exchange and academic growth. The outcomes position OUC as an example for integrating financial strategies into higher education internationalization frameworks, fostering global collaboration in a rapidly interconnected academic landscape.

Suggested Citation

  • Cristina Duhnea & Andreea-Daniela Moraru, 2025. "Financial Support as a Pillar of Internationalization in Higher Education: Enhancing Mobility and Global Collaboration," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 170-178.
    • Handle: RePEc:ddj:fseeai:y:2025:i:1:p:170-178
    DOI: https://doi.org/10.35219/eai15840409497
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    References listed on IDEAS

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    1. Ben Jongbloed & Hans Vossensteyn, 2016. "University funding and student funding: international comparisons," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 32(4), pages 576-595.
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