IDEAS home Printed from https://ideas.repec.org/a/aiy/jnjaer/v21y2022i4p795-817.html
   My bibliography  Save this article

Factors of Growth in Income from Research Activities in Universities of the Russian Federation

Author

Listed:
  • Maxim A. Yurevich

Abstract

Theoretical concepts of the modern university pay a lot of attention to the evaluation of financial performance of research activities. The attraction of government-provided R&D funding is associated with the creation and enhancement of the scientific potential, and the accretion of scientific knowledge, rather than its practical application, is prioritised. Research projects commissioned by the private sector represents the university's contribution to the needs of the real economy or the "market" value of the accumulated potential. In Russian management practice, both of these criteria have become part of the regular evaluation of HEIs performance along with many other parameters characterizing the success of HEIs in achieving the benchmarks of scientific development. The objective of the study is to identify the factors that increase the financial success of Russian universities in the field of R&D. The fundamental hypothesis is that there is a direct correlation between universities' revenues from R&D and the priority directions of the state S&T policy with regard to universities, including the increase in publication activity, enhancement of human resources potential and formation of innovation infrastructure. The information base of the study was formed by the results of monitoring the activities of educational institutions of higher education in Russia in 2016-2022 for 590 institutions. The financial performance of HEIs' research activities is assessed using three indicators: the share of R&D revenues in the total revenues of an educational organization; the amount of extra-budgetary revenues from R&D per one research project and faculty member; the share of extra-budgetary funds in R&D revenues. To assess the statistical significance of the relationships, the tools of regression analysis of panel data were applied. The main conclusion of the study is to prove the mutual correlation between the vectors of scientific development of the university sector, which have been set at the state level in the last 10 years. The focus on strengthening university science coupled with intensification of cooperation with the real sector of the economy has been synchronized with the tasks of growth of publication activity, material provision of scientists, renovation of the instrumentation base, construction of research and innovation infrastructure.

Suggested Citation

  • Maxim A. Yurevich, 2022. "Factors of Growth in Income from Research Activities in Universities of the Russian Federation," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 21(4), pages 795-817.
    • Handle: RePEc:aiy:jnjaer:v:21:y:2022:i:4:p:795-817
    DOI: http://dx.doi.org/10.15826/vestnik.2022.21.4.028
    as

    Download full text from publisher

    File URL: https://journalaer.ru//fileadmin/user_upload/site_15934/2022/07_JUrevich.pdf
    Download Restriction: no
    File URL: https://libkey.io/http://dx.doi.org/10.15826/vestnik.2022.21.4.028?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kelsi G. Hobbs & Albert N. Link & John T. Scott, 2017. "The growth of US science and technology parks: does proximity to a university matter?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 59(2), pages 495-511, September.
    2. Young-Hwan Lee, 2021. "Determinants of research productivity in Korean Universities: the role of research funding," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1462-1486, October.
    3. Caldera, Aida & Debande, Olivier, 2010. "Performance of Spanish universities in technology transfer: An empirical analysis," Research Policy, Elsevier, vol. 39(9), pages 1160-1173, November.
    4. Malcolm Abbott & Hristos Doucouliagos, 2004. "Research output of Australian universities," Education Economics, Taylor & Francis Journals, vol. 12(3), pages 251-265.
    5. Payne A. Abigail & Siow Aloysius, 2003. "Does Federal Research Funding Increase University Research Output?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 3(1), pages 1-24, May.
    6. Hottenrott, Hanna & Thorwarth, Susanne, 2010. "Industry funding of university research and scientific productivity," ZEW Discussion Papers 10-105, ZEW - Leibniz Centre for European Economic Research.
    7. Sandler , Daniil G. & Gladyrev, Dmitry A., 2020. "Factors influencing on extra budgetary income of leading Russian universities: econometric analysis," Economic Consultant, Roman I. Ostapenko, vol. 30(2), pages 36-47.
    8. Arthur Rubens & Francesca Spigarelli & Alessio Cavicchi & Chiara Rinaldi, 2017. "Universities’ third mission and the entrepreneurial university and the challenges they bring to higher education institutions," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 11(03), pages 354-372, July.
    9. Secundo, Giustina & Elena Perez, Susana & Martinaitis, Žilvinas & Leitner, Karl Heinz, 2017. "An Intellectual Capital framework to measure universities' third mission activities," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 229-239.
    10. Maddalena della Volpe, 2018. "Entrepreneurial University and Business Education: Towards a Network Model," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(3), pages 1-13, February.
    11. David Audretsch, 2014. "From the entrepreneurial university to the university for the entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 39(3), pages 313-321, June.
    12. Maribel Guerrero & David Urbano, 2012. "The development of an entrepreneurial university," The Journal of Technology Transfer, Springer, vol. 37(1), pages 43-74, February.
    13. Berbegal-Mirabent, Jasmina & Sánchez García, José Luís & Ribeiro-Soriano, D. Enrique, 2015. "University–industry partnerships for the provision of R&D services," Journal of Business Research, Elsevier, vol. 68(7), pages 1407-1413.
    14. Hewitt-Dundas, Nola, 2012. "Research intensity and knowledge transfer activity in UK universities," Research Policy, Elsevier, vol. 41(2), pages 262-275.
    15. Robert Huggins & Hiro Izushi & Daniel Prokop, 2016. "Networks, Space and Organizational Performance: A Study of the Determinants of Industrial Research Income Generation by Universities," Regional Studies, Taylor & Francis Journals, vol. 50(12), pages 2055-2068, December.
    16. Bramwell, Allison & Wolfe, David A., 2008. "Universities and regional economic development: The entrepreneurial University of Waterloo," Research Policy, Elsevier, vol. 37(8), pages 1175-1187, September.
    17. A. Payne, 2001. "Measuring the Effect of Federal Research Funding on Private Donations at Research Universities: Is Federal Research Funding More than a Substitute for Private Donations?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(5), pages 731-751, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohammed Shakib, 2023. "Innovation-Export Diversification Nexus in Russian Regions: Does Trade Globalization, Business Potential and Geopolitics Matter?," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(4), pages 932-974.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Forliano, Canio & De Bernardi, Paola & Yahiaoui, Dorra, 2021. "Entrepreneurial universities: A bibliometric analysis within the business and management domains," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    2. Charlene L. Nicholls-Nixon & Dave Valliere & Steven A. Gedeon & Sean Wise, 2021. "Entrepreneurial ecosystems and the lifecycle of university business incubators: An integrative case study," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 809-837, June.
    3. Compagnucci, Lorenzo & Spigarelli, Francesca, 2020. "The Third Mission of the university: A systematic literature review on potentials and constraints," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    4. Sengupta, Abhijit & Rossi, Federica, 2023. "The relationship between universities' funding portfolios and their knowledge exchange profiles: A dynamic capabilities view," Technovation, Elsevier, vol. 121(C).
    5. Natalya Radko & Maksim Belitski & Yelena Kalyuzhnova, 2023. "Conceptualising the entrepreneurial university: the stakeholder approach," The Journal of Technology Transfer, Springer, vol. 48(3), pages 955-1044, June.
    6. Gabriel Brătucu & Radu Constantin Lixăndroiu & Cristinel Petrișor Constantin & Alina Simona Tecău & Ioana Bianca Chițu & Adrian Trifan, 2020. "Entrepreneurial University: Catalyst for Regional Sustainable Development," Sustainability, MDPI, vol. 12(10), pages 1-17, May.
    7. Freel, Mark & Persaud, Ajax & Chamberlin, Tyler, 2019. "Faculty ideals and universities' third mission," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 10-21.
    8. Diekhoff, Josefine & Krieger, Bastian & Licht, Georg & Rammer, Christian, 2019. "Stand der Messung von Interaktionen zwischen Wissenschaft und Wirtschaft im internationalen Vergleich," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 248650.
    9. James A. Cunningham & Erik E. Lehmann & Matthias Menter & Nikolaus Seitz, 2019. "The impact of university focused technology transfer policies on regional innovation and entrepreneurship," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1451-1475, October.
    10. Andrew Johnston & Peter Wells, 2020. "Assessing the role of universities in a place-based Industrial Strategy: Evidence from the UK," Local Economy, London South Bank University, vol. 35(4), pages 384-402, June.
    11. Chiara Marzocchi & Fumi Kitagawa & Mabel Sánchez-Barrioluengo, 2019. "Evolving missions and university entrepreneurship: academic spin-offs and graduate start-ups in the entrepreneurial society," The Journal of Technology Transfer, Springer, vol. 44(1), pages 167-188, February.
    12. Belitski, Maksim & Aginskaja, Anna & Marozau, Radzivon, 2019. "Commercializing university research in transition economies: Technology transfer offices or direct industrial funding?," Research Policy, Elsevier, vol. 48(3), pages 601-615.
    13. Horner, Sam & Jayawarna, Dilani & Giordano, Benito & Jones, Oswald, 2019. "Strategic choice in universities: Managerial agency and effective technology transfer," Research Policy, Elsevier, vol. 48(5), pages 1297-1309.
    14. Radzivon Marozau & Maribel Guerrero & David Urbano, 2021. "Impacts of Universities in Different Stages of Economic Development," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 1-21, March.
    15. Igors Skute, 2019. "Opening the black box of academic entrepreneurship: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(1), pages 237-265, July.
    16. Rosangela Feola & Roberto Parente & Valentina Cucino, 2021. "The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1787-1808, December.
    17. Dalmarco, Gustavo & Hulsink, Willem & Blois, Guilherme V., 2018. "Creating entrepreneurial universities in an emerging economy: Evidence from Brazil," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 99-111.
    18. Elvira Cerver Romero & João J. M. Ferreira & Cristina I. Fernandes, 2021. "The multiple faces of the entrepreneurial university: a review of the prevailing theoretical approaches," The Journal of Technology Transfer, Springer, vol. 46(4), pages 1173-1195, August.
    19. E.V. Balatsky & N.A. Ekimova & M.A. Yurevich, 2021. "New Tools for Increasing the Practice-Orientedness of Russian Universities: The Market for Checklists," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 20(4), pages 620-640.
    20. Sánchez-Barrioluengo, Mabel & Benneworth, Paul, 2019. "Is the entrepreneurial university also regionally engaged? Analysing the influence of university's structural configuration on third mission performance," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 206-218.

    More about this item

    Keywords

    university; university science; publication activity; academic staff qualification; innovation infrastructure.;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aiy:jnjaer:v:21:y:2022:i:4:p:795-817. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalia Starodubets (email available below). General contact details of provider: https://edirc.repec.org/data/seurfru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.