NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Governance and Performance of Research Universities: Evidence from Europe and the U.S.

Philippe Aghion, Mathias Dewatripont, Caroline M. Hoxby, Andreu Mas-Colell, André Sapir

NBER Working Paper No. 14851
Issued in April 2009
NBER Program(s):   ED   LS   PE

We investigate how university governance affects research output, measured by patenting and international university research rankings. For both European and U.S. universities, we generate several measures of autonomy, governance, and competition for research funding. We show that university autonomy and competition are positively correlated with university output, both among European countries and among U.S. public universities. We then identity a (political) source of exogenous shocks to funding of U.S. universities. We demonstrate that, when a state's universities receive a positive funding shock, they produce more patents if they are more autonomous and face more competition from private research universities. Finally, we show that during periods when merit-based competitions for federal research funding have been most prominent, universities produce more patents when they receive an exogenous funding shock, suggesting that routine participation in such competitions hones research skill.

download in pdf format
   (3655 K)

email paper

A non-technical summary of this paper is available in the June 2009 NBER digest.  You can sign up to receive the NBER Digest by email.

This paper is available as PDF (3655 K) or via email.

Acknowledgments

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w14851

Published: Aghion, P., Dewatripont, M., Hoxby, C., Mas-Colell, A. and Sapir, A. (2010), The governance and performance of universities: evidence from Europe and the US. Economic Policy, 25: 7–59. doi: 10.1111/j.1468-0327.2009.00238.x

Users who downloaded this paper also downloaded these:
Aghion, Dewatripont, and Stein w11542 Academic Freedom, Private-Sector Focus, and the Process of Innovation
Bolton and Jeanne w11071 Structuring and Restructuring Sovereign Debt: The Role of Seniority
Murray, Aghion, Dewatripont, Kolev, and Stern w14819 Of Mice and Academics: Examining the Effect of Openness on Innovation
Hoxby and Avery w18586 The Missing "One-Offs": The Hidden Supply of High-Achieving, Low Income Students
Hoxby w15446 The Changing Selectivity of American Colleges
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us