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Of academics and professionals: The difference is in the pay

Elena Druica and Călin Vâlsan ()
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Călin Vâlsan: University of Bucharest, Romania

Manager Journal, 2014, vol. 20, issue 1, 103-109

Abstract: University professors, on the one hand, and professionals, such as doctors and lawyers on the other hand share many things in common, yet they are also different in key aspects. One of the most important differences lies the nature of the incentives and motivation to which they respond. This paper claims that turning academics into regular professionals would have far-reaching consequences from a wider social perspective. Emphasizing monetary rewards at the expense of intrinsic drivers would most likely change the nature and structure of the academic output.

Keywords: academia; monetary incentives; peer-production; public goods (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:but:manage:v:20:y:2014:i:1:p:103-109

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