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On financing the state assignments to higher education institutions to perform research and development projects

Author

Listed:
  • Shmidt, Yu.

    (Far Eastern Federal University, Vladivostok, Russia)

  • Krokhmal, L.

    (Far Eastern State Agrarian University, Blagoveshchensk, Russia)

  • Ivashina, N.

    (Far Eastern Federal University, Vladivostok, Russia)

Abstract

The paper presents the issues of higher education institutions research activities efficiency and financing. Empirical data on the Russian higher education institutions research activities efficiency have been investigated. A new model for higher education institutions research activities public financing has been suggested. The model developed a methodology for calculating subsidies for basic, guaranteed funding of scientific activities of universities, designed to compensate for the cost of simple reproduction of their scientific potential. The integral index, which allows accounting the influence of statistically significant factors on the total amount of research and development work performed by the University, is formed and justified by methods of econometric modeling. The proposed approach allows us to calculate the amount of guaranteed funding for the scientific activities of each university in the planning period with a known amount of financial resources allocated for the basic financing of scientific activities of universities in the country.

Suggested Citation

  • Shmidt, Yu. & Krokhmal, L. & Ivashina, N., 2021. "On financing the state assignments to higher education institutions to perform research and development projects," Journal of the New Economic Association, New Economic Association, vol. 50(2), pages 119-135.
  • Handle: RePEc:nea:journl:y:2021:i:50:p:119-135
    DOI: 10.31737/2221-2264-2021-50-2-6
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    References listed on IDEAS

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    1. Bolli, Thomas & Somogyi, Frank, 2011. "Do competitively acquired funds induce universities to increase productivity?," Research Policy, Elsevier, vol. 40(1), pages 136-147, February.
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    More about this item

    Keywords

    higher education institutions; research activities; financing; efficiency; integrated index; technique;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid

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