Termin

Title: What’s the Price of Academic Consulting? Effects of Public and Private Sector Consulting on Academic…
Start date: 23 January
Start time: 17:00
End time: 18:30Uhr
Referent:
Professorin Dr. Hanna Hottenrott 
Description:

INCHER-Forschungskolloquium

What’s the Price of Academic Consulting? Effects of Public and Private Sector Consulting on Academic Research

Professorin Dr. Hanna Hottenrott

Vortrag mit anschließender Diskussion von Professorin Dr. Hanna Hottenrott (Fakultät Wirtschaftswissenschaften, TUM School of Management, Technische Universität München)

 

Abstract: Academic consulting is an important and effective means of knowledge transfer with the public and private sectors. These interactions with external organisations offer opportunities for research application but also raise concerns over potentially negative consequences for academic research and its dissemination. For a sample of social, natural and engineering science academics in Germany and controlling for the selection into consulting, we investigate the effect of consulting on research performance. While previous research suggested that consulting activities might come at the cost of reduced research output, our analysis provides a more nuanced picture. Public sector consulting comes with lower average citations suggesting a move towards applied research that attracts fewer citations. Moreover, engagement in consulting increases the probability to cease publishing research altogether particularly for private sector consulting. Exit probability is higher for those at the start or towards the end of their academic career and in fields for which the public-private wage gap and opportunities for engagement in duties outside academia are higher. We draw lessons for research institutions and policy about the promotion of academic consulting.

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