Conference attendance and presentation are ubiquitous practices across international academic, scientific and professional communities. However, their financial costs and implications have been little studied. Through an empirical analysis of a UK educational conference over three years (N=1,261), this paper examines the financial cost elements of…

In the policy period following the Lisbon Strategy of 2000, European governments increasingly regard universities, and the research they produce, as key to enhancing economic performance. With this heightened respect for the value of university-based research, comes an impatience to see returns on the public investments made. We analyze how policy…

California's public colleges and universities are among the best, from the talent evident in the students to the groundbreaking research conducted by world-renowned faculty. They are also some of the most diverse in the nation. Left out from serving in vital positions of leadership, however, is a proportional representation of Asian Americans,…

Universities, across the globe, are increasingly judged on social and economic impact. An important initiative in the UK is the Research Excellence Framework (REF) 2014, which assessed the wider impact of university research. The Impact Case Studies, produced for REF 2014, provide a rich new source of information to explore the wider impact of…

While there has been a long history of modelling the economic impact of higher education institutions (HEIs), little research has been undertaken in the context of Ireland. This paper provides, for the first time, a disaggregated input-output table for Ireland's higher education sector. The picture painted overall is a higher education sector that…

Numerous microeconomic studies demonstrate the significant individual returns to tertiary education; however, little empirical evidence exists regarding the effects of higher education massification and diversification agendas on long-term macroeconomic growth. The researchers used the Uzawa-Lucas endogenous growth model to tertiary education…

Although innovation policy usually follows the business cycle, it is both desirable and possible to reverse this trend. Perhaps the most telling commentary on contemporary Europe is the silence that met the presentation, at the recent European Parliament Innovation Conference, of the Chinese R&D spending curve passing the European Union curve…

Tectonic changes are reshaping U.S. workplaces as the economy moves deeper into the knowledge-focused age. These changes are affecting the very nature of jobs by rewarding social, communications and analytical skills. They are prodding many workers to think about lifetime commitments to retraining and upgrading their skills. And they may be…

Chinese vocational colleges are being compromised because the central government is moving more of its educational resources to the top-tier universities. Although vocational college enrollments have slowed in the increasingly high-tech eastern provinces, colleges in the western part of the country are poised for increased enrollments to address…

This study examines the trends in the Mincerian rates of return (MRRs) to education in urban China between 1989 and 2009 using two sources of data: the China Urban Household Survey and the China Health and Nutrition Survey, and attempts to explain the underlying causes of the trends. The authors find that while the rates of return to education had…

Pennsylvania's deep cuts in funding to K-12 education since 2010-11 have drawn a great deal of attention in recent months. Less widely recognized is the fact that Pennsylvania enacted even deeper cuts, on a percentage basis, to funding for public higher education in the same period. Four-year colleges received the largest reductions in funding,…

Higher education institutions and, particularly, polytechnic institutes in Portugal are, generally speaking, recognized as the key stakeholders in regional development. However, due to the economic recession of recent years and the consequent budget constraints, higher education institutions more than ever need to demonstrate the social and…

Higher education is viewed as part of the national agenda in transforming Malaysia into a high-income nation. This has resulted in a sky-rocketing number of graduates in Malaysia's recent history. Industry relies on higher education as the source of skilled employees, and it is important for industry to attract and retain talented employees in…

The era of industrialization was also the age of invention, which spurred technology that in turn required skills not provided by existing educational institutions. In particular, the traditional elite higher education centers could not, or would not, provide the training in the numbers needed for a technical and increasingly global economy. The…

Universities today exert an ever-increasing stimulus to small business development, contributing to national and local economic development as the general economy becomes increasingly knowledge-based. The transition to a knowledge-based economy, coupled with the passage of the Bayh-Dole Act in 1980, has resulted in stronger university-industry…