[Research Ranking of Spanish Public Universities (2019)]

The Economic and Social Value of Science and Technology Parks. The Case of Tecnocampus

This article aims to measure both the economic and social value of Tecnocampus, a Science and Technology Park in its region of influence (Mataró city in the Maresme region of Catalonia, Spain). Our results show that the impact of Tecnocampus has a socioeconomic cost-benefit ratio of 2.39. Measuring the impact of this multifaceted centre requires a diverse approach. Although the methods used are not new, the combination of them presents a novel approach to measure the impact of an institution of this nature. We have measured the economic value with the Input-Output model, including the Social Accounting Matrix. On the other hand, for social value calculations, we have used cost-benefit analysis adding measurements of firm localisation to estimate externality effects. Our main results present an economic value of more than 0.054% of the Catalan GDP, whereas the employment impact represents almost 0.37% of total employment in the region. The total economic multiplier of Tecnocampus activity is estimated to be 1.89. Social value generates an additional 0.50 euros to the multiplier according with our analysis. This additional social value represents an increase of productivity estimated in 20 million euros of operational income for Catalan firms and the creation of seven additional firms in the Maresme region as a result of knowledge spillovers. The social value also includes reduction of over-education caused by a better matching between graduates and enterprises, a more direct application of research, and an increase in consumer surplus. Finally, we discuss the policy implications of our findings to promote investments in this kind of infrastructures.

How and Why the Metric Management Model Is Unsustainable: The Case of Spanish Universities from 2005 to 2020

The metric management model is a method based on quantitative indicators called metrics and is used to evaluate individuals and organizations. Organizations’ sustainability is related to risk and expectation concepts and both are, in turn, related to the metric management model (MMM). The main objective of the present research work is to analyze the MMM applied to the Spanish university system (SUS) and the propagation of its consequences. The secondary objective is to study alternatives to the metric management system applied to the SUS to avoid its negative socio-economic consequences. Our results reveal how applying the MMM to the SUS, based on the metric evaluation and the ranking monitor model, deteriorates research quality, students’ levels of education and working people’s well-being at university. Finally, university managerial boards, teased with the “mirror” of university rankings and the picture a simulacrum of reality, are still unaware of the damage.