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

Stefano Bianchini (), Francesco Lissoni, Michele Pezzoni and Lorenzo Zirulia

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: We investigate the effect of both research and consulting on higher education teaching quality at the individual level. We propose a theoretical model in which academics allocate limited time between three activities, over a two period 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 teaching evaluation data from a mid-sized Italian engineering faculty. We find that research experience improves teaching quality, but only if it does not translate into large consulting opportunities. In that case, research experience provides too strong a disincentive to invest time in teaching, and quality deteriorates.

Keywords: higher education; teaching; academic consulting; research; economics of science (search for similar items in EconPapers)
JEL-codes: I21 I23 L84 O30 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-edu and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: The economics of research, consulting, and teaching quality: theory and evidence from a technical university (2016) Downloads
Working Paper: The economics of research, consulting, and teaching quality: theory and evidence from a technical university (2016)
Working Paper: The economics of research, consulting, and teaching quality: theory and evidence from a technical university (2014) Downloads
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