Evaluating university academic efficacy: Institutional approach

Abstract

The aim of the article is to develop methodological approach to university academic performance evaluation on the basis of instruments of institutional economic theory. The novelty of this work is that unlike other methods authors’ method of quantitative evaluation of university academic performance allows for identifying the problems of institutional support of academic activities. During the research authors employed methods of system, logical and economic analysis; empirical information was processed with the help of statistical analysis and correlation analysis methods. As a result authors identified university academic efficacy institutions and suggested efficacy indicators for these institutions. Universities of the Ural Federal area were grouped according to quality parameters of academic efficacy institutions (that is presence of effective institutions, institutional traps, institutional malfunctions).