1. Publish or Teach ? : Analysis of the Professor's Optimal Career Plan
- Author
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Konstantin Kogan, Radu Vranceanu, Fouad El Ouardighi, ESSEC Business School, Essec Business School, Faculty of Social Sciences, and Bar-Ilan University [Israël]
- Subjects
Teaching,Research,Competency spillovers,Effort allocation,Faculty management ,Higher education ,media_common.quotation_subject ,Faculty management ,jel:A23 ,Microeconomics ,jel:I23 ,Spillover effect ,JEL: C - Mathematical and Quantitative Methods/C.C6 - Mathematical Methods • Programming Models • Mathematical and Simulation Modeling/C.C6.C61 - Optimization Techniques • Programming Models • Dynamic Analysis ,JEL: M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M5 - Personnel Economics/M.M5.M52 - Compensation and Compensation Methods and Their Effects ,Benchmark (surveying) ,0502 economics and business ,Effort allocation ,Economics ,Institution ,050207 economics ,Publication ,media_common ,JEL: J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J23 - Labor Demand ,business.industry ,4. Education ,Teaching ,Research ,05 social sciences ,JEL: J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J22 - Time Allocation and Labor Supply ,Competency spillovers ,[SHS.GESTION.ORG]Humanities and Social Sciences/Business administration/domain_shs.gestion.org ,Management ,Incentive ,Obsolescence ,Organizational structure ,business ,050203 business & management - 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.
- Published
- 2013