A01=Richard Munch
Allocating Research Funds
Author_Richard Munch
Category=JHBA
Category=JHBL
Category=JNM
Category=KN
DFG Fund
DFG Grant
ect
eff
entrepreneurial
Entrepreneurial Universities
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Excellence Clusters
Excellence Initiative
Federal Pluralism
foundation
Funding Committees
german
German Science Council
higher education policy
institutional stratification
ISI Database
LMU Munich
managerialism in academia
Monopoly Mechanism
MRC Laboratory
Oligarchic Structures
OLS Regression
Pe Rc
performance-based allocation
Public Administration
Publication Score
ranking
research
research funding competition
resource allocation inefficiency in universities
shanghai
Shanghai Ranking
social
Standardized Beta Coeffi Cients
Student Ratio
Symbolic Capital
TU Munich
Undesired Eff Ects
universities
university rankings impact
Va Ti
Product details
- ISBN 9780415840149
- Weight: 544g
- Dimensions: 152 x 229mm
- Publication Date: 27 Dec 2013
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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This book investigates the intensifying struggle for excellence between universities in a globalized academic field. The rise of the entrepreneurial university and academic capitalism are superimposing themselves on the competition of scientists for progress of knowledge and recognition by the scientific community. The result is a sharpening institutional stratification of the field. This stratification is produced and continuously reproduced by the intensified struggle for funds with the shrinking of block grants and the growing significance of competitive funding, as well as the increasing impact of international and national rankings on academic research and teaching. The increased allocation of funds on the basis of performance leads to overinvestment of resources at the small top and underinvestment for the broad mass of universities in the middle and lower ranks. There is a curvilinear inverted u-shaped relationship of investments and returns in terms of knowledge production. Paradoxically, the intrusion of the economic logic and measures of managerial controlling into the academic field imply increasing inefficiency in the allocation of resources to universities. The top institutions suffer from overinvestment, the rank-and-file institutions from underinvestment. The economic inefficiency is accompanied by a shrinking potential for renewal and open knowledge evolution.
Richard Münch is Professor of Sociology at the University of Bamberg.
