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Four Essays on University Economics - KOPS - Universität Konstanz

Four Essays on University Economics - KOPS - Universität Konstanz

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Research Productivity in Business Ec<strong>on</strong>omics<br />

that the researcher is currently affiliated with. Unfortunately, we are unable to obtain<br />

informati<strong>on</strong> c<strong>on</strong>cerning the training department for all individuals in our sample. We <strong>on</strong>ly<br />

include departments in which at least four professors received their training. Professors<br />

who received their doctor’s degree from the Humboldt <strong>University</strong> in Berlin, the <strong>University</strong><br />

of B<strong>on</strong>n and the <strong>University</strong> of Hagen are most productive (<strong>on</strong> average). The Technical<br />

<strong>University</strong> of Vienna, the <strong>University</strong> of B<strong>on</strong>n and the <strong>University</strong> of Passau awarded the<br />

venia legendi to the most productive researchers in our sample.<br />

The <strong>University</strong> of B<strong>on</strong>n, which is the top university in terms of current department<br />

productivity, also bel<strong>on</strong>gs to the most successful training instituti<strong>on</strong>s. The other leading<br />

training departments do not stand out as high-productivity departments in Table 2.7 (b).<br />

Generally, rank correlati<strong>on</strong>s between the rankings based <strong>on</strong> current affiliati<strong>on</strong>s and training<br />

instituti<strong>on</strong>s are moderate. The rank correlati<strong>on</strong> between the productivity ranking reported<br />

in Table 2.7 (b) and the productivity rankings in Table 2.8 is slightly higher when focusing<br />

<strong>on</strong> the doctor’s degree 0.5234 than <strong>on</strong> the venia legendi 0.4799.<br />

According to Davies et al. (2008) and Kocher and Sutter (2001), the c<strong>on</strong>centrati<strong>on</strong><br />

of research output across universities is higher if the research output is assigned to the<br />

department that granted the researcher’s doctor’s degrees than if it assigned to the re-<br />

searcher’s current affiliati<strong>on</strong>. The same holds true for our sample. However, the normalized<br />

Herfindahl index is still very low: the respective values are 0.0220 (doctorate) and 0.1835<br />

(venia legendi). Interpreting this informati<strong>on</strong> with due care suggests that the market for<br />

junior business ec<strong>on</strong>omists is not very c<strong>on</strong>centrated in the German-speaking area. We can-<br />

not single out a small group of departments that train the most productive individuals.<br />

Thus, it does not appear to be a promising strategy to c<strong>on</strong>centrate recruiting <strong>on</strong> a few<br />

prestigious departments when hiring new faculty.<br />

2.4 Instituti<strong>on</strong>al Effects<br />

In this secti<strong>on</strong> we investigate whether instituti<strong>on</strong>al characteristics affect the research pro-<br />

ductivity of entire departments. Research productivity is measured as the average of the<br />

productivities of department members including junior staff. Table 2.4 reports the results<br />

of a Tobit regressi<strong>on</strong> analysis. We present results for two subsamples. Because the variable<br />

‘number of students’ is not available for Austrian departments, <strong>on</strong>ly German and Swiss<br />

28

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