Picture of virus under microscope

Research under the microscope...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs.

Strathprints serves world leading Open Access research by the University of Strathclyde, including research by the Strathclyde Institute of Pharmacy and Biomedical Sciences (SIPBS), where research centres such as the Industrial Biotechnology Innovation Centre (IBioIC), the Cancer Research UK Formulation Unit, SeaBioTech and the Centre for Biophotonics are based.

Explore SIPBS research

Towards the estimation of the economic value of the outputs of Scottish higher education institutions: Next Steps Summary Report

Kelly, Ursula and McNicoll, Iain and Brooks, Richard (2008) Towards the estimation of the economic value of the outputs of Scottish higher education institutions: Next Steps Summary Report. [Report]

[img]
Preview
PDF (strathprints007179.pdf)
strathprints007179.pdf

Download (113kB) | Preview

Abstract

This paper represents a summary of the 'Next Steps Project' which piloted the practical application of a new methodological approach applying welfare economic principles to estimate the value of non-market outputs of higher education institutions. 3 areas of non-market activity of Scottish higher education institutions were studied, namely community engagement, cultural outreach and public policy advisory activity. The aim of the study was to use real world higher education data to test the new methodological framework's potential to identify areas of high value and where metrics could be devised to support public resource allocation decisions.