IDEAS home Printed from
   My bibliography  Save this book chapter

The Productivity of UK Universities

In: Conferences on New Political Economy


  • Gustavo Crespi
  • Aldo Geuna


There is increasing recognition in the UK and other OECD countries of the importance of scientific research in providing the foundations for both innovation and competitiveness. This has resulted in increased public funding for research in the UK and elsewhere. At the same time, there is a lack of systematic evidence on how such investments can lead to increasing levels of scientific output and, ultimately, to better economic performance. Much of the available literature concentrates on the effects of public funding of basic research on either firms' innovative activities (see among others COHEN, NELSON AND WALSH [2002]; KLEVORICK, LEVIN, NELSON AND WINTER [1995]; JAFFE [1989]; NARIN, HAMILTON AND OLIVASTRO [1997]) or firm performance (Adams [1990]), bypassing the question of how to measure scientific output. The reasons for this are the difficulty of identifying a stable causal relationship between the resources spent on the science budget and 'intermediate' scientific outputs. This difficulty originates from the dynamic nature of this relationship. There is a persistent and therefore recursive feedback between inputs and outputs, which is exacerbated by lack of appropriate information for analysis. Among the few studies that have attempted to address the problem, are ADAMS AND GRILICHES [1996] and JOHNES AND JOHNES [1995]. This study is based on and further develops Adams and Griliches's methodology.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Gustavo Crespi & Aldo Geuna, 2008. "The Productivity of UK Universities," Conferences on New Political Economy,in: Max Albert & Stefan Voigt & Dieter Schmidtchen (ed.), Conferences on New Political Economy, edition 1, volume 25, pages 71-95(25) Mohr Siebeck, Tübingen.
  • Handle: RePEc:mhr:connpe:doi:10.1628/186183408785112412 Note: This chapter is online at

    Download full text from publisher

    File URL:
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    1. David L. Cingranelli & David L. Richards, 1999. "Respect for Human Rights after the End of the Cold War," Journal of Peace Research, Peace Research Institute Oslo, vol. 36(5), pages 511-534, September.
    2. Eric Neumayer, 2001. "How Regime Theory and the Economic Theory of International Environmental Cooperation Can Learn from Each Other," Global Environmental Politics, MIT Press, vol. 1(1), pages 122-147, February.
    3. Nickell, Stephen J, 1981. "Biases in Dynamic Models with Fixed Effects," Econometrica, Econometric Society, vol. 49(6), pages 1417-1426, November.
    4. Moravcsik, Andrew, 2000. "The Origins of Human Rights Regimes: Democratic Delegation in Postwar Europe," International Organization, Cambridge University Press, vol. 54(02), pages 217-252, March.
    5. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Geuna, Aldo & Piolatto, Matteo, 2016. "Research assessment in the UK and Italy: Costly and difficult, but probably worth it (at least for a while)," Research Policy, Elsevier, vol. 45(1), pages 260-271.
    2. Geuna, Aldo & Piolatto, Matteo, 2014. "The Development of Research Assessment in the UK and Italy: Costly and difficult, but probably worth (for a while)," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201405, University of Turin.
    3. Suriñach,Jordi & Duque,Juan Carlos & Royuela, Vicente, 2007. "Patrones De Publicación Internacional (Ssci) De Los Autores Afi liados A Universidades Españolas.En El Ámbito Económicoempresarial(1994-2004)," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 25, pages 277-310, Abril.
    4. repec:spr:anresc:v:59:y:2017:i:2:d:10.1007_s00168-017-0843-4 is not listed on IDEAS
    5. Lehmann, Erik E. & Warning, Susanne, 2010. "The impact of regional endowment and university characteristics on university efficiency," UO Working Papers 04-10, University of Augsburg, Chair of Management and Organization.

    More about this item

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • I2 - Health, Education, and Welfare - - Education


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mhr:connpe:doi:10.1628/186183408785112412. 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: (Thomas Wolpert). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.