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...

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Main Authors: Iddrisu Awudu, Saravanan Kuppusamy, Mario Norbis, Matthew O’Connor
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
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.
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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
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AT matthewoconnor recruitmentstrategiesinauniversityinstitutionatheoreticalcostminimizationapproach