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Financial Support as a Pillar of Internationalization in Higher Education: Enhancing Mobility and Global Collaboration

Cristina Duhnea and Andreea-Daniela Moraru
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Cristina Duhnea: Ovidius University of Constanta, Constanta, Romania
Andreea-Daniela Moraru: Ovidius University of Constanta, Constanta, Romania

Economics and Applied Informatics, 2025, issue 1, 170-178

Abstract: This article examines the pivotal role of financial support in advancing the internationalization strategy of Ovidius University of Constanța (OUC) between 2013 and 2024. Using data from Erasmus Plus Program funding and institutional reports, the research evaluates the impact of external funding for mobilities for staff and students. Over the analyzed period, OUC increased its funding by 2.5 times and enhanced its absorption rates, highlighting the effective implementation of financial strategies despite challenges such as the COVID-19 pandemic. The dual framework of "internationalization abroad" and "internationalization at home" enabled broader global engagement through increased student and staff mobilities and expanded partnerships, particularly with third countries. Key findings reveal the significance of external funding in reducing institutional budget pressures while promoting cultural exchange and academic growth. The outcomes position OUC as an example for integrating financial strategies into higher education internationalization frameworks, fostering global collaboration in a rapidly interconnected academic landscape.

Keywords: Internationalisation; financial support; mobility; Erasmus Plus (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2025:i:1:p:170-178

DOI: 10.35219/eai15840409497

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