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The economics of research, consulting, and teaching quality: theory and evidence from a technical university

Author

Listed:
  • Stefano Bianchini

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • Francesco Lissoni

    (GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique, Università degli Studi di Brescia [Brescia])

  • Michele Pezzoni

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - CNRS - Centre National de la Recherche Scientifique - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur)

  • Lorenzo Zirulia

Abstract

We investigate the effect of both research and consulting on teaching quality in higher education, at the individual level. We propose a theoretical model in which academics allocate effort between the three activities, over a two period time horizon, under the assumption of positive spillovers from research to both consulting opportunities and teaching, and of life-cycle effects on incentives. Propositions from the model are tested against data from a mid-sized Italian engineering faculty. We find that teaching quality is negatively related to consulting and positively related to research experience. However, both relationships are not linear, due to the importance of several mediating factors, such as seniority and the role of scientific publications as a signal for attracting consulting opportunities.

Suggested Citation

  • Stefano Bianchini & Francesco Lissoni & Michele Pezzoni & Lorenzo Zirulia, 2016. "The economics of research, consulting, and teaching quality: theory and evidence from a technical university," Post-Print halshs-01238015, HAL.
  • Handle: RePEc:hal:journl:halshs-01238015
    DOI: 10.1080/10438599.2015.1114340
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01238015
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    More about this item

    Keywords

    academic consulting; research productivity; economics of science; Higher education; teaching quality;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L84 - Industrial Organization - - Industry Studies: Services - - - Personal, Professional, and Business Services
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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