BibTex RIS Kaynak Göster

Assessment of the Economic Impact of Universities on Their Local Businesses: the Case of Izmir University of Economics

Yıl 2015, Cilt: 29 Sayı: 1, 0 - , 05.02.2015

Öz

Universities are continually challenged to streamline their programs and investments to a progressive society. Both students and local businesses relay on universities to provide individual, social and economic impacts on the community. In this paper, an analysis of universities as a source of financial stability and investment within localities is discussed. As a pinnacle of income generation, universities create employment opportunities; train and re-train workers and can provide other goods and services to the surrounding region. More notable programs include health care provision at teaching hospitals, improved housing and infrastructure, community development and service projects. Government and civic partnerships with universities can harvest positive relations in the locality. While universities provide substantial economic benefits to the surrounding areas, some negative economic practices counteract the investments. Generally, these concerns of economic instability and hindered relations can be diminished by strategic planning and investment optimization. Throughout the compilation of this article, focus is placed on the implementation of favorable economic practices between the Izmir University of Economics and the district of Izmir, Balçova, employing several descriptive statistics and logistic regression model to analyze a detailed survey of 168 local businesses.

Kaynakça

  • Armstrong, H.W. (1993) “The Local Income and Employment Impact of Lancester University” Urban Studies, 30 (10): 1653-1688.
  • Atik, H. (1999) “Üniversitelerin Yerel Ekonomiye Katkıları: Teori ve Erciyes Üniversitesi Üzerinde Bir Uygulama”, Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 15: 99-110.
  • Aydemir, S. (1994) “Karadeniz Teknik Üniversitesi’nin Kent ve Bölge Ekonomisine Doğrudan ve Dolaylı Ekonomik Etkileri”, Bölgesel Kalkınma Sempozyumu, Bildiriler Kitabı, KTÜ: 195-210.
  • Bilginoğlu, M.A., Atik, H., Türker, O., Pamuk, Y., Düzgün, R. (2002) “Erciyes Üniversitesi’nin Konya İlinin Ekonomik, Sosyal ve Kültürel Yapısına Etkileri”, Erciyes Üniversitesi Yayınları, 2: 135.
  • Bloom, D.E., Hartley, M., & Rosovsky, H. (2006) “Beyond private gain: The Public benefits of higher education,” in J. F. Forest & P.G. Altbach (Eds.), International Handbook of Higher Education, Volume I, 293– 308.
  • Booth, G.G., Jarrett, J.E. (1976) “The Identification and Estimation of a University’s Economic Impacts”, Journal of Higher Education, 47(5): 565-576.
  • Borland, J., Dawkins, P., Johnson, D., Williams, R. (2000) “Returns to Investment in Higher Education”, The Melbourne Economics of Higher Education Research Program Report No.1, 1: 19.
  • Bowen, H. R. (1997) “Investment in Learning: The Individual and Social Value of American Higher Education”, Johns Hopkins University Press, Baltimore.
  • Brownrigg, M. (1973) “The Regional Income Multipliers; An Attempt to Complete the Model”, Scottish Journal of Political Economy, 18: 281- 297.
  • Cook, E.D. (1970) “Analyzing the Student Contribution to the Economic Base of the Community”, Annals of Regional Science, 4(1): 146-153.
  • Dell, M.P., Rainnie, A. (1996) “The Impact of the University of Hertfordshire on the Local Economy”, Univ. of Hertfordshire Working Paper Series, 11: 25.
  • Dorsett, R.A., Weiler, W.C. (1982) “The Impact of Instiution’s Federal Research Grants on the Economy of Its States”, Journal of Higher Education, 53: 419-428.
  • Erkekoğlu, H. (2000) “Bölge Üniversitelerinin Yerel Ekonomiye Katkıları: Sivas Cumhuriyet Üniversitesi Örneği”, Erciyes Üniversitesi İkt. İdb. Fakültesi Dergisi, 16: 211-230
  • Florax R.J. (1987) “The Regional Economic Role of Universities: The Dark Side of Universities”, Twente Univ. Working Papers, 51-55.
  • Hansen, W. L. Weisbrod, B.A. (1969) “The Distribution of Costs and Direct Benefits of Public Higher Education: The Case of California”, The Journal of Human Resources, 4(2): 176-191.
  • Institute for Higher Education Policy (1998) “Reaping the benefits: Defining the public and private value of going to college”, Washington, D.C.: The Institute for Higher Education Policy.
  • Leslie, L. L., and Brinkman, P. T. (1988) “The Economic Value of Higher Education”, American Council on Education and the Oryx Press, Phoenix.
  • McMahon, W.W. (2009) “The private and social benefits of higher education: Higher education, higher learning, greater good”, Baltimore: The Johns Hopkins University Press.
  • McPherson, M. A. (1993) “How can we tell if financial aid is working?”, In: McPherson, M. S., Schapiro, M. O., and Winston, G. C. (eds.), “Paying the Piper: Productivity,
  • Incentives, and Financing in U.S. Higher Education”, University of Michigan Press, Ann Arbor, 135–164.
  • Munnich, L., Nelson, K. (2003) “The University in the City: An Agenda for Community and Economic Development”, Humphrey School of Public Affairs, 11-19.
  • Ohme, A. (2003) “the Economic Impact of a University on its Community and State: Examining Trends Four Years Later”, University of Delaware, working paper.
  • Rittenberg, L., Tregarthen, T. (2009) Principles of Microeconomics, Flat World Knowledge, Ch. 12.
  • Sen, A. (2011) “Local income and employment impact of universities: the case of Izmir University of Economics”, Journal of Applied Economics and Business Research, 1: 25-42.
  • Tuğcu, C.T. (2004) “Üniversitelerin Yerel Ekonomik Faaliyet Hacmine Katkıları: http://www.ceterisparibus.net/arsiv/t_tugcu.doc. Nevşehir Örneği”,

Assessment of the Economic Impact of Universities on Their Local Businesses: the Case of Izmir University of Economics

Yıl 2015, Cilt: 29 Sayı: 1, 0 - , 05.02.2015

Öz

Universities are continually challenged to streamline their programs and investments to a progressive society. Both students and local businesses relay on universities to provide individual, social and economic impacts on the community. In this paper, an analysis of universities as a source of financial stability and investment within localities is discussed. Focus is placed on the implementation of economic practices between the Izmir University of Economics and the district of Izmir, Balçova. The study employs several descriptive statistics and multiple logistic regression model to analyze a detailed survey of 168 local businesses. The results of this economic impact study shows that students, faculty, staff and university expenditures may have an increased positive effect on the local economy. Local businesses continue to find the university and its community as keys to their financial success.  This impact on the local and city economy has a possibility of generating significantly greater returns in the near future.

Kaynakça

  • Armstrong, H.W. (1993) “The Local Income and Employment Impact of Lancester University” Urban Studies, 30 (10): 1653-1688.
  • Atik, H. (1999) “Üniversitelerin Yerel Ekonomiye Katkıları: Teori ve Erciyes Üniversitesi Üzerinde Bir Uygulama”, Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 15: 99-110.
  • Aydemir, S. (1994) “Karadeniz Teknik Üniversitesi’nin Kent ve Bölge Ekonomisine Doğrudan ve Dolaylı Ekonomik Etkileri”, Bölgesel Kalkınma Sempozyumu, Bildiriler Kitabı, KTÜ: 195-210.
  • Bilginoğlu, M.A., Atik, H., Türker, O., Pamuk, Y., Düzgün, R. (2002) “Erciyes Üniversitesi’nin Konya İlinin Ekonomik, Sosyal ve Kültürel Yapısına Etkileri”, Erciyes Üniversitesi Yayınları, 2: 135.
  • Bloom, D.E., Hartley, M., & Rosovsky, H. (2006) “Beyond private gain: The Public benefits of higher education,” in J. F. Forest & P.G. Altbach (Eds.), International Handbook of Higher Education, Volume I, 293– 308.
  • Booth, G.G., Jarrett, J.E. (1976) “The Identification and Estimation of a University’s Economic Impacts”, Journal of Higher Education, 47(5): 565-576.
  • Borland, J., Dawkins, P., Johnson, D., Williams, R. (2000) “Returns to Investment in Higher Education”, The Melbourne Economics of Higher Education Research Program Report No.1, 1: 19.
  • Bowen, H. R. (1997) “Investment in Learning: The Individual and Social Value of American Higher Education”, Johns Hopkins University Press, Baltimore.
  • Brownrigg, M. (1973) “The Regional Income Multipliers; An Attempt to Complete the Model”, Scottish Journal of Political Economy, 18: 281- 297.
  • Cook, E.D. (1970) “Analyzing the Student Contribution to the Economic Base of the Community”, Annals of Regional Science, 4(1): 146-153.
  • Dell, M.P., Rainnie, A. (1996) “The Impact of the University of Hertfordshire on the Local Economy”, Univ. of Hertfordshire Working Paper Series, 11: 25.
  • Dorsett, R.A., Weiler, W.C. (1982) “The Impact of Instiution’s Federal Research Grants on the Economy of Its States”, Journal of Higher Education, 53: 419-428.
  • Erkekoğlu, H. (2000) “Bölge Üniversitelerinin Yerel Ekonomiye Katkıları: Sivas Cumhuriyet Üniversitesi Örneği”, Erciyes Üniversitesi İkt. İdb. Fakültesi Dergisi, 16: 211-230
  • Florax R.J. (1987) “The Regional Economic Role of Universities: The Dark Side of Universities”, Twente Univ. Working Papers, 51-55.
  • Hansen, W. L. Weisbrod, B.A. (1969) “The Distribution of Costs and Direct Benefits of Public Higher Education: The Case of California”, The Journal of Human Resources, 4(2): 176-191.
  • Institute for Higher Education Policy (1998) “Reaping the benefits: Defining the public and private value of going to college”, Washington, D.C.: The Institute for Higher Education Policy.
  • Leslie, L. L., and Brinkman, P. T. (1988) “The Economic Value of Higher Education”, American Council on Education and the Oryx Press, Phoenix.
  • McMahon, W.W. (2009) “The private and social benefits of higher education: Higher education, higher learning, greater good”, Baltimore: The Johns Hopkins University Press.
  • McPherson, M. A. (1993) “How can we tell if financial aid is working?”, In: McPherson, M. S., Schapiro, M. O., and Winston, G. C. (eds.), “Paying the Piper: Productivity,
  • Incentives, and Financing in U.S. Higher Education”, University of Michigan Press, Ann Arbor, 135–164.
  • Munnich, L., Nelson, K. (2003) “The University in the City: An Agenda for Community and Economic Development”, Humphrey School of Public Affairs, 11-19.
  • Ohme, A. (2003) “the Economic Impact of a University on its Community and State: Examining Trends Four Years Later”, University of Delaware, working paper.
  • Rittenberg, L., Tregarthen, T. (2009) Principles of Microeconomics, Flat World Knowledge, Ch. 12.
  • Sen, A. (2011) “Local income and employment impact of universities: the case of Izmir University of Economics”, Journal of Applied Economics and Business Research, 1: 25-42.
  • Tuğcu, C.T. (2004) “Üniversitelerin Yerel Ekonomik Faaliyet Hacmine Katkıları: http://www.ceterisparibus.net/arsiv/t_tugcu.doc. Nevşehir Örneği”,
Toplam 25 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Makaleler
Yazarlar

İlker Daştan

Yayımlanma Tarihi 5 Şubat 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 29 Sayı: 1

Kaynak Göster

APA Daştan, İ. (2015). Assessment of the Economic Impact of Universities on Their Local Businesses: the Case of Izmir University of Economics. Atatürk Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 29(1). https://doi.org/10.16951/iibd.30392

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