Abstract
This paper studies the influence of funding on the position reached by the top 300 universities (institutions) of the Quaccarelly Symond World University Ranking 2018. Geographical location, ownership nature (public/private), size and financial resources of these top universities are examined. Our analysis shows that public funding become critical up to 84% of these top universities, especially for the European universities. Moreover, funding explains up to 51% of the variability of the positions attained by the universities in the ranking. The influence of funding in the improvement of the universities’ ranking score is also studied. We provide evidence that the top 100 universities double the funds of the universities located in positions 101–200 and triple those of the universities in positions 201–300 of the ranking. This is an exceptional exercise in relating university funding and excellence that usually are examined for university systems (countries) not for universities themselves.
Similar content being viewed by others
Notes
Principal component analysis (PCA) is a statistical procedure that transforms a number of (possibly) correlated variables into a (smaller) number of uncorrelated variables called principal components. It is a dimension-reduction tool based on orthogonal transformation procedures.
References
Addie, J. P. (2017). From urban universities to university in urban society. Regional Studies, 51(7), 1089–1099.
Aghion, P. (2010). L’excellence universitaire: leçons des expériences internationales—Rapport d’étape, France, Ministère de l’enseignement supérieur et de la recherche. Available at http://www.ladocumentationfrancaise.fr/var/storage/rapports-publics/104000043.pdf.
Aghion, P., Dewatripont, M., Hoxby, C., Mas-Colell, A., Sapir, A., & Jacobs, B. (2009). The governance and performance of universities: Evidence from Europe and the US. Economic Policy, 25(61), 7–59.
Benito, M., Gil, P., & Romera, R. (2019). Evaluating the influence of country characteristics on the Higher Education System Rankings’ progress. Informetrics (forthcoming).
Ebadi, A., & Schiffauerova, A. (2016). How to boost cientific production? A statistical analysis of research funding and other influencing factors. Scientometrics, 106, 1093–1116.
Estermann, T., & Nokkala, T. (2009). University Autonomy in Europe I. Brussels: European University Association.
Estermann, T., Nokkala, T., & Steinel, M. (2011). University Autonomy in Europe II. Brussels: European University Association.
EUA. (2017). Public Funding Observatory Report 2017. Available at: https://eua.eu/resources/publications/718:eua-public-funding-observatory-2017.html.
EUA. (2018). Public Funding Observatory Report 2018. Available at: https://eua.eu/downloads/publications/eua%20pfo%202018%20report_14%20march%202019_final.pdf.
Goglio, V. (2016). One size fits all? A different perspective on university rankings. Journal of Higher Education Policy and Management, 38(2), 212–226.
Hazelkorn, E. (2011). Rankings and the reshaping of higher education. The battle for world-class excellence. London: Palgrave.
Hazelkorn, E., Loukkola, T., & Zha, T. (2014) Rankings in Institutional Strategies and Processes: Impact or Illusion? EUA Publications.
Johnes, J. (2018). University rankings: What do they really show? Scientometrics, 115, 585–606.
LERU-BIGGAR. (2017). The economic contribution of the LERU universities in 2016. Accessible at: https://www.leru.org/files/The-Economic-Contribution-of-the-LERU-Universities-2016-Full-paper.pdf.
Marconi, G., & Ritze, J. (2015). Determinants of international university rankings scores. Applied Economics, 47(57), 6211–6227.
Michavila, F., & Martínez, J. (2018). Excellence of universities versus autonomy, funding and accountability. European Review, 26(1), 48–56.
Mitchell, M., Leachman M., Masterson, K., & Waxman, S. (2018). Unkept promises: State cuts to higher education threaten access and equity. Center on Budgets and Policy Priorities. Accessible at https://www.cbpp.org/research/state-budget-and-tax/unkept-promises-state-cuts-to-higher-education-threaten-access-and.
Moed, H. F. (2017). A critical comparative analysis of five world university rankings. Scientometrics, 110, 967–990.
Pietrucha, J. (2018). Country-specific determinants of world university rankings. Scientometrics, 114, 1129–1139.
Pruvot, E. B., & Estermann, T. (2017). University Autonomy in Europe III. Brussels: European University Association.
Public Funding Observatory, Report. (2018). EUA (European University Association). Available at https://eua.eu/component/attachments/attachments.html?id=1369.
Salmi, J. (2016). Excellence initiatives to create world—Class universities: Do they work? International Higher Education, 87, 17–18.
Shehatta, I., & Mahmood, K. (2016). Corrrelation among top 100 universities in the major six global rankings: Policy implications. Scientometrics, 109, 1231–1254.
Soh, K. C. (2015a). What the Overall does not tell about world university rankings: Examples from ARWU, QSWUR, and THEWUR in 2013. Journal of Higher Education Policy and Management, 37(3), 295–307.
Soh, K. C. (2015b). Multicolinearity and indicator redundancy problem in world university rankings: An example using times higher education World University ranking 2013–2014 data. Higher Education Quarterly, 69(2), 158–174.
Usher, A. (2016). Funding world—Class universities. International Higher Education, 87, 18–20.
Usher, A., & Medow, J. (2009). A global survey of university rankings and league tables. In B. M. Kehlm & B. Stensaker (Eds.), University rankings, diversity, and the new landscape of higher education (pp. 3–18). Rotterdam: Sense Publishers.
Valero, A., & Van Reenen, J. (2019). The economic impact of the universities: Evidence from across the globe. Economics of Education Review, 68, 53–67.
Williams, R., De Rassenfosse, G., Jensen, P., & Marginson, S. (2013). The determinants of quality national higher education systems. Journal of Higher Education Policy and Management, 35(6), 599–611.
Funding
Funding was provided by Universidad Carlos III de Madrid.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Benito, M., Gil, P. & Romera, R. Funding, is it key for standing out in the university rankings?. Scientometrics 121, 771–792 (2019). https://doi.org/10.1007/s11192-019-03202-z
Received:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s11192-019-03202-z