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State Investment In Science And Scientific Productivity Of Universities

Author

Listed:
  • Karacic, Domagoj

    (Faculty of Economics in Osijek, Croatia)

  • Miskulin, Ivan

    (Faculty of Medicine Osijek, Croatia)

  • Serdarusic, Hrvoje

    (Faculty of Economics in Osijek, J. J. Strossmayer University of Osijek, Croatia)

Abstract

State investment in service activities of the public sector, as well as the financial returns analyzed from the aspect of service effectiveness and utilization of public goods, can be considered as one of the most significant dilemmas, especially in the field of education. When analyzing state investments, through investment in education and development of the university, we can conclude that state investments in scientific productivity of universities fall into one of the main future frameworks of measurability of universities efficiency. This criterion cannot be taken as the most important since universities are fundamentally divided into teaching and research activities. However, the concept of determination of the productivity of universities, from the aspect of the scientific activities of the teaching staff, has an increasingly important role due to the specified global criteria and conditions for career advancement of the teaching staff and positioning of the university in the education market. This paper intends to give the overview of the current situation of universities in Croatia, as well as the trends that would point out state role in financing of universities and indicate coherent criteria regarding the financing of scientific productivity of teaching stuff.

Suggested Citation

  • Karacic, Domagoj & Miskulin, Ivan & Serdarusic, Hrvoje, 2016. "State Investment In Science And Scientific Productivity Of Universities," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 7(1), pages 37-48.
  • Handle: RePEc:ris:utmsje:0169
    as

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    File URL: http://utmsjoe.mk/files/Vol.%207%20No.%201/UTMSJOE-2016-0701-04-Karacic-Miskulin-Serdarusic.pdf
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    References listed on IDEAS

    as
    1. Auranen, Otto & Nieminen, Mika, 2010. "University research funding and publication performance--An international comparison," Research Policy, Elsevier, vol. 39(6), pages 822-834, July.
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    4. Goldfarb, Brent, 2008. "The effect of government contracting on academic research: Does the source of funding affect scientific output," Research Policy, Elsevier, vol. 37(1), pages 41-58, February.
    5. James C. Hearn & Michael K. McLendon & T. Austin Lacy, 2013. "State-Funded “Eminent Scholars” Programs: University Faculty Recruitment as an Emerging Policy Instrument," The Journal of Higher Education, Taylor & Francis Journals, vol. 84(5), pages 601-639, September.
    6. Hicks, Diana, 2012. "Performance-based university research funding systems," Research Policy, Elsevier, vol. 41(2), pages 251-261.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    funding; government; research productivity; university research;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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