Do competitively acquired funds induce universities to increase productivity?
Abstract This paper analyzes the impact of private and public third-party funds on the productivity of Swiss university departments and public research institutions. Estimating a production function assuming that labor inputs produce master students and scientific publications reveals a positive effect of public third-party funding on productivity but not for private funds. However, once we include technology transfer as an additional output, the coefficient for public third-party funding turns insignificant while private funding becomes significant, indicating that the disciplining effect of public donors focuses on publications while private donors foster technology transfer. We employ three alternative approaches to tackle endogeneity and find qualitatively robust results.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cherchye, L. & Abeele, P. Vanden, 2005.
"On research efficiency: A micro-analysis of Dutch university research in Economics and Business Management,"
Elsevier, vol. 34(4), pages 495-516, May.
- Laurens Cherchye & Piet Vanden Abeele, 2002. "On Research Efficiency: A Micro-Analysis of Dutch University Research in Economics and Business Management," Public Economics Working Paper Series ces0206, Katholieke Universiteit Leuven, Centrum voor Economische Studiën, Working Group Public Economics.
- Philippe Aghion & Mathias Dewatripont & Jeremy C. Stein, 2005.
"Academic Freedom, Private-Sector Focus, and the Process of Innovation,"
NBER Working Papers
11542, National Bureau of Economic Research, Inc.
- Philippe Aghion & Mathias Dewatripont & Jeremy C. Stein, 2008. "Academic freedom, private-sector focus, and the process of innovation," RAND Journal of Economics, RAND Corporation, vol. 39(3), pages 617-635.
- Philippe Aghion & Mathias Dewatripont & Jeremy C. Stein, 2005. "Academic Freedom, Private-Sector Focus, and the Process of Innovation," Harvard Institute of Economic Research Working Papers 2089, Harvard - Institute of Economic Research.
- Stein, Jeremy C. & Dewatripont, Mathias & Aghion, Philippe, 2008. "Academic Freedom, Private-Sector Focus, and the Process of Innovation," Scholarly Articles 3637074, Harvard University Department of Economics.
- André Sapir & Philippe Aghion & Mathias Dewatripont & Andreu Mas-Colell, 2008.
"Higher aspirations: An agenda for reforming European universities,"
ULB Institutional Repository
2013/174284, ULB -- Universite Libre de Bruxelles.
- Philippe Aghion & Mathias Dewatripont & Caroline Hoxby & Andreu Mas-Colell & André Sapir, . "Higher aspirations: an agenda for reforming European universities," Blueprints, Bruegel, number 1, APRIL.
- Arvanitis, Spyros & Kubli, Ursina & Woerter, Martin, 2008. "University-industry knowledge and technology transfer in Switzerland: What university scientists think about co-operation with private enterprises," Research Policy, Elsevier, vol. 37(10), pages 1865-1883, December.
- Tim Coelli & Sergio Perelman, 2000. "Technical efficiency of European railways: a distance function approach," Applied Economics, Taylor & Francis Journals, vol. 32(15), pages 1967-1976.
- Spyros Arvanitis & Ursina Kubli & Nora Sydow & Martin Woerter, 2005. "Knowledge and Technology Transfer (KTT) Activities Between Universities and Firms in Switzerland: The Main Facts : An Empirical Analysis Based on Firm-level Data," KOF Working papers 05-115, KOF Swiss Economic Institute, ETH Zurich.
- Niskanen, William A, 1975. "Bureaucrats and Politicians," Journal of Law and Economics, University of Chicago Press, vol. 18(3), pages 617-43, December.
- Malcolm Abbott & Chris Doucouliagos, 2009.
"Competition and efficiency: overseas students and technical efficiency in Australian and New Zealand universities,"
Taylor & Francis Journals, vol. 17(1), pages 31-57.
- Chris (Hristos) Doucouliagos & Malcolm Abbott, 2007. "Competition and Efficiency: Overseas students and technical efficiency in Australian and New Zealand Universities," Economics Series 2007_09, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
- Frederick van der Ploeg, 2008. "Towards Evidence-based Reform of European Universities," CESifo Economic Studies, CESifo, vol. 54(2), pages 99-120, June.
- Joshua D. Angrist & Alan B. Krueger, 2001.
"Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments,"
Journal of Economic Perspectives,
American Economic Association, vol. 15(4), pages 69-85, Fall.
- Joshua Angrist & Alan B. Krueger, 2001. "Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments," NBER Working Papers 8456, National Bureau of Economic Research, Inc.
- Banal-Estanol, A. & Macho-Stadler, I., 2008. "Commercial Incentives in Academia," Working Papers 08/13, Department of Economics, City University London.
- Carayol, Nicolas & Matt, Mireille, 2006. "Individual and collective determinants of academic scientists' productivity," Information Economics and Policy, Elsevier, vol. 18(1), pages 55-72, March.
- Tommaso Agasisti, 2009. "Market forces and competition in university systems: theoretical reflections and empirical evidence from Italy," International Review of Applied Economics, Taylor & Francis Journals, vol. 23(4), pages 463-483.
- COELLI, Tim, 2000. "On the econometric estimation of the distance function representation of a production technology," CORE Discussion Papers 2000042, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Philippe Aghion & Mathias Dewatripont & Caroline M. Hoxby & Andreu Mas-Colell & André Sapir, 2009. "The Governance and Performance of Research Universities: Evidence from Europe and the U.S," NBER Working Papers 14851, National Bureau of Economic Research, Inc.
- Mensah, Yaw M. & Werner, Robert, 2003. "Cost efficiency and financial flexibility in institutions of higher education," Journal of Accounting and Public Policy, Elsevier, vol. 22(4), pages 293-323.
When requesting a correction, please mention this item's handle: RePEc:eee:respol:v:40:y:2011:i:1:p:136-147. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If references are entirely missing, you can add them using this form.