Recruitment strategies in a university institution: a theoretical cost minimization approach
We study faculty recruitment issues in a university. We develop a cost minimization model that considers the decision-making process for the university administration by proposing a new approach of selecting tenure and non-tenure track faculty who are expected to achieve the institutional research a...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2019-01-01
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Series: | Cogent Economics & Finance |
Subjects: | |
Online Access: | http://dx.doi.org/10.1080/23322039.2019.1607050 |
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author | Iddrisu Awudu Saravanan Kuppusamy Mario Norbis Matthew O’Connor |
author_facet | Iddrisu Awudu Saravanan Kuppusamy Mario Norbis Matthew O’Connor |
author_sort | Iddrisu Awudu |
collection | DOAJ |
description | We study faculty recruitment issues in a university. We develop a cost minimization model that considers the decision-making process for the university administration by proposing a new approach of selecting tenure and non-tenure track faculty who are expected to achieve the institutional research and teaching goals. We explain the existence of tenure from an economic perspective. We propose a faculty tenure-granting process for a variety of institutions ranging from pure-teaching, teaching emphasis, research emphasis and pure-research institutions. We find that a teaching-emphasis or a pure-teaching institution (a research-emphasis or a pure-research institution) can increase the emphasis on research (teaching) without increasing costs. This paper makes important contributions to the university recruitment strategy by providing a set of guidelines on how to manage teaching and research incentives. The paper also contributes to the ongoing debate about tenure by providing a newer perspective and to the general theory of strategic university management. |
first_indexed | 2024-12-14T11:34:37Z |
format | Article |
id | doaj.art-d9049096a49d49ecab50bf3bdd5c6931 |
institution | Directory Open Access Journal |
issn | 2332-2039 |
language | English |
last_indexed | 2024-12-14T11:34:37Z |
publishDate | 2019-01-01 |
publisher | Taylor & Francis Group |
record_format | Article |
series | Cogent Economics & Finance |
spelling | doaj.art-d9049096a49d49ecab50bf3bdd5c69312022-12-21T23:03:06ZengTaylor & Francis GroupCogent Economics & Finance2332-20392019-01-017110.1080/23322039.2019.16070501607050Recruitment strategies in a university institution: a theoretical cost minimization approachIddrisu Awudu0Saravanan Kuppusamy1Mario Norbis2Matthew O’Connor3Quinnipiac UniversityRohrer College of Business, Rowan UniversityQuinnipiac UniversityQuinnipiac UniversityWe study faculty recruitment issues in a university. We develop a cost minimization model that considers the decision-making process for the university administration by proposing a new approach of selecting tenure and non-tenure track faculty who are expected to achieve the institutional research and teaching goals. We explain the existence of tenure from an economic perspective. We propose a faculty tenure-granting process for a variety of institutions ranging from pure-teaching, teaching emphasis, research emphasis and pure-research institutions. We find that a teaching-emphasis or a pure-teaching institution (a research-emphasis or a pure-research institution) can increase the emphasis on research (teaching) without increasing costs. This paper makes important contributions to the university recruitment strategy by providing a set of guidelines on how to manage teaching and research incentives. The paper also contributes to the ongoing debate about tenure by providing a newer perspective and to the general theory of strategic university management.http://dx.doi.org/10.1080/23322039.2019.1607050academic recruitmenttenureeconomicsfaculty appointments |
spellingShingle | Iddrisu Awudu Saravanan Kuppusamy Mario Norbis Matthew O’Connor Recruitment strategies in a university institution: a theoretical cost minimization approach Cogent Economics & Finance academic recruitment tenure economics faculty appointments |
title | Recruitment strategies in a university institution: a theoretical cost minimization approach |
title_full | Recruitment strategies in a university institution: a theoretical cost minimization approach |
title_fullStr | Recruitment strategies in a university institution: a theoretical cost minimization approach |
title_full_unstemmed | Recruitment strategies in a university institution: a theoretical cost minimization approach |
title_short | Recruitment strategies in a university institution: a theoretical cost minimization approach |
title_sort | recruitment strategies in a university institution a theoretical cost minimization approach |
topic | academic recruitment tenure economics faculty appointments |
url | http://dx.doi.org/10.1080/23322039.2019.1607050 |
work_keys_str_mv | AT iddrisuawudu recruitmentstrategiesinauniversityinstitutionatheoreticalcostminimizationapproach AT saravanankuppusamy recruitmentstrategiesinauniversityinstitutionatheoreticalcostminimizationapproach AT marionorbis recruitmentstrategiesinauniversityinstitutionatheoreticalcostminimizationapproach AT matthewoconnor recruitmentstrategiesinauniversityinstitutionatheoreticalcostminimizationapproach |