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Publish or Teach ? : Analysis of the Professor's Optimal Career Plan

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Abstract

This paper analyzes how faculty members dynamically allocate their efforts between improving their research and teaching skills, taking into account the organizational structures and incentives implemented by academic institutions. The model builds on the assumption that organizational structures have an impact on the nature of spillover effects between teaching and research competencies. We analyze the dynamic equilibrium under unilateral and bilateral spillovers, using the no-spillover case as a benchmark. The bilateral spillover case is the most appealing as it achieves the highest overall performance; however, the nature of the equilibrium and the career paths can be quite different depending on the parameters of the problem such as the obsolescence of competencies or the strength of the spillover effect. This finding provides interesting insights on what could be the most productive configuration of a higher education institution.

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  • El Ouardighi, Fouad & Kogan, Konstantin & Vranceanu , Radu, 2013. "Publish or Teach ? : Analysis of the Professor's Optimal Career Plan," ESSEC Working Papers WP1307, ESSEC Research Center, ESSEC Business School.
  • Handle: RePEc:ebg:essewp:dr-13007
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    1. repec:spr:scient:v:116:y:2018:i:1:d:10.1007_s11192-018-2744-4 is not listed on IDEAS
    2. repec:spr:ecogov:v:19:y:2018:i:1:d:10.1007_s10101-017-0200-1 is not listed on IDEAS
    3. Stefano Bianchini & Francesco Lissoni & Michele Pezzoni & Lorenzo Zirulia, 2016. "The economics of research, consulting, and teaching quality: theory and evidence from a technical university," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 25(7), pages 668-691, October.
    4. repec:ers:journl:v:xx:y:2017:i:2b:p:86-97 is not listed on IDEAS

    More about this item

    Keywords

    Teaching; Research; Competency spillovers; Effort allocation; Faculty management;

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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