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Can Money Buy Scientific Leadership? The Impact of Excellence Programs on German and French Universities

Author

Listed:
  • Nicolas Carayol

    (UB - Université de Bordeaux)

  • François Maublanc

    (THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université)

Abstract

German and French governments have had , quasi simultaneously, this ambitious goal to push forward national champions on the global higher education and research market via, as they called it, “excellence programs”. We develop a difference-in-difference approach to identify the impact of such non standard research policy on selected universities. Our identification strategy builds upon matching those entities to European universities and upon controlling for a number of potential confounding factors via regression adjustment. We find that excellence programs have an overall positive effect on scientific outcomes that we precisely estimate. Interestingly, impact does not concentrate on top cited papers but is larger on the internationalization of research and on collaborations with industry. Additional evidence from event studies supports the idea that excellence policy essentially helped treated universities maintaining their scientific competitive edge.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Nicolas Carayol & François Maublanc, 2025. "Can Money Buy Scientific Leadership? The Impact of Excellence Programs on German and French Universities," Post-Print hal-05630834, HAL.
    • Handle: RePEc:hal:journl:hal-05630834
    DOI: 10.1016/j.respol.2024.105155
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    Keywords

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    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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