Publish or Teach? Analysis of the Professor's Optimal Career Plan

Journal of Economic Dynamics and Control, 2013, Forthcoming

43 Pages Posted: 19 Aug 2013

See all articles by Fouad El Ouardighi

Fouad El Ouardighi

ESSEC Business School

Konstantin Kogan

Bar-Ilan University - Department of Management

Radu Vranceanu

ESSEC Business School; University of Cergy-Pontoise - THEMA

Date Written: 2013

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.

Keywords: Teaching, Research, Competency spillovers, Effort allocation, Faculty management

JEL Classification: J22, C61, I23, M52

Suggested Citation

Ouardighi, Fouad El and Kogan, Konstantin and Vranceanu, Radu, Publish or Teach? Analysis of the Professor's Optimal Career Plan (2013). Journal of Economic Dynamics and Control, 2013, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2312482 or http://dx.doi.org/10.2139/ssrn.2312482

Fouad El Ouardighi (Contact Author)

ESSEC Business School ( email )

3 Avenue Bernard Hirsch
CS 50105 CERGY
CERGY, CERGY PONTOISE CEDEX 95021
France

Konstantin Kogan

Bar-Ilan University - Department of Management ( email )

Ramat-Gan, 52900
Israel

Radu Vranceanu

ESSEC Business School ( email )

3, Av. Bernard Hirsch
PB 50105
Cergy-Pontoise, 95021
France

HOME PAGE: http://www.essec.fr

University of Cergy-Pontoise - THEMA ( email )

33 boulevard du port
F-95011 Cergy-Pontoise Cedex, 95011
France

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