Economic Effects of Research Funding in Saxony-Anhalt
Dipl. Vw. Ulf Rosner*
Duration: 2001 - 2004
The state of Saxony-Anhalt is making great efforts to promote scientific research and academic teaching. But what returns does this investment bring to the state? This question is investigated by the project in cooperation with the Halle Institute for Economic Research and the Harz University of Applied Sciences. Essentially, a distinction is made between two types of effects triggered by universities and colleges. First, these institutions generate an influx of resources into the country simply by producing research and teaching, which would not be possible without these institutions. The main sources of these inflows are student income and third-party funding. A first goal of the project is to estimate these direct effects and to compare them with the costs of the universities. Indirect effects also result from the fact that the universities produce human capital on the one hand and provide research services on the other. These effects must also be estimated in order to arrive at an overall picture of the returns from research and teaching.
* Otto von Guericke University Magdeburg
Funding: Ministry of Culture
Cooperation: IWH, Harz University of Applied Sciences