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Le risorse finanziarie e cognitive del sistema universitario italiano. Uno sguardo d'insieme


  • Verde, Melania
  • Fia, Magali'


This paper aims to analyze the Italian University’s physical and human cognitive assets. First we focus on the continuous reductions in public funding (CNVSU, 2011; OECD, 2010) that constrained the Italian university to develop 'entrepreneurial skills', in other words due to the lack of financial resources in the public sector significant contractual arrangements between universities and private corporations are now requested (contractual market-model). Secondly we study the humans resources, or rather, the human cognitive assets using the modern definition proposed by Aoki (2010), that represents both the demand and supply of education. This paper ends by offering a consideration on the positive externalities (individuals and social outcomes) due to the investment in human capital (Berger e Leigh, 1989; Grossman, Kaestner, 1997; Buonanno e Leonida, 2009). By pointing out that the results of academic teaching and research activities influence the individual and the society, we expect to have more investment from both the public sector and the private enterprise.

Suggested Citation

  • Verde, Melania & Fia, Magali', 2011. "Le risorse finanziarie e cognitive del sistema universitario italiano. Uno sguardo d'insieme," POLIS Working Papers 162, Institute of Public Policy and Public Choice - POLIS.
  • Handle: RePEc:uca:ucapdv:162

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    higher education; government expenditures in education; human capital; positive externalities of education; Italian university.;

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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