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Efficiency and Technological Change at U.S. Research Universities

  • Folts, Jeremy

    (U of Wisconsin)

  • Barham, Bradford L.
  • Chavas, Jean-Paul
  • Kim, Kwansoo

    (Seoul National University)

This paper investigates the determinants of efficiency and technological progress at US research universities. It relies on a unique panel data set of multiple outputs and inputs from 92 universities covering the period 1981-1998. Over that time span, US universities experienced large increases in industry funding and in academic patenting activity. In this context, the directional distance function and a nonparametric representation of the underlying production technology are combined to obtain estimates of productivity growth and technical efficiency. A pooled-Tobit estimator is used to examine the determinants of technical efficiency and the rate of technological progress. The results show how changes in funding sources for U.S. research universities affects research performance.

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File URL: http://www.aae.wisc.edu/pubs/sps/pdf/stpap486.pdf
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Paper provided by University of Wisconsin, Agricultural and Applied Economics in its series Staff Paper Series with number 486.

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Date of creation: Jul 2005
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Handle: RePEc:ecl:wisagr:486
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  15. Chapple, Wendy & Lockett, Andy & Siegel, Donald & Wright, Mike, 2005. "Assessing the relative performance of U.K. university technology transfer offices: parametric and non-parametric evidence," Research Policy, Elsevier, vol. 34(3), pages 369-384, April.
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