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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
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Stefano Bianchini: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique

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Abstract: We investigate the effect of both research and consulting on teaching quality in higher education, at the individual level. We propose a theoretical model in which academics allocate effort between the three activities, over a two period time 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 data from a mid-sized Italian engineering faculty. We find that teaching quality is negatively related to consulting and positively related to research experience. However, both relationships are not linear, due to the importance of several mediating factors, such as seniority and the role of scientific publications as a signal for attracting consulting opportunities.

Keywords: Higher education; Teaching; Academic consulting; Research; Economics of science; Enseignement supérieur; Conseil; Recherche; Économie scientifique (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (7)

Published in Economics of Innovation and New Technology, 2016, 25 (7), pp.668-691. ⟨10.1080/10438599.2015.1114340⟩

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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 (2014) Downloads
Working Paper: The economics of research, consulting, and teaching quality: theory and evidence from a technical university (2014) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01238015

DOI: 10.1080/10438599.2015.1114340

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