Publish or teach? Analysis of the professor's optimal career path
Fouad El Ouardighi,
Konstantin Kogan and
Radu Vranceanu
Journal of Economic Dynamics and Control, 2013, vol. 37, issue 10, 1995-2009
Abstract:
This paper analyzes how faculty members dynamically allocate their efforts between improving their research and teaching skills, taking into account the organizational structures and incentives implemented by academic institutions. The model builds on the assumption that organizational structures have an impact on the nature of spillover effects between teaching and research competencies. We analyze the dynamic equilibrium under unilateral and bilateral spillovers, using the no-spillover case as a benchmark. The bilateral spillover case is the most appealing as it achieves the highest overall performance; however, the nature of the equilibrium and the career paths can be quite different depending on the parameters of the problem such as the obsolescence of competencies or the strength of the spillover effect. This finding provides interesting insights on what could be the most productive configuration of a higher education institution.
Keywords: Teaching; Research; Competency spillovers; Effort allocation; Faculty management (search for similar items in EconPapers)
JEL-codes: C61 I23 J22 M52 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:dyncon:v:37:y:2013:i:10:p:1995-2009
DOI: 10.1016/j.jedc.2013.05.007
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