JEFMS Journal

ABSTRACT:

This paper provides the theoretical results of the competition between MBA schools and universities. 1) It is thought that admission is decided at a professional university, etc., without observing the research results of the faculty's two types of outputs (education and research). In such a case, the number of schools and researchers at research universities will be too small. Accordingly, an accredited evaluation organization that is an external organization will confirm the research results and disclose the quality and quantity of the research results to admission examiners. Enrollment is done. 2) The number of professional universities will increase to the point where the rate of the teacher ratio will also increase. In the model where the discount rate of education for practitioners and teachers (the length of the period of practical use in the field) fluctuates, as the number of professional universities increases, the expiration date for practical use is short (the discount rate for education is large) Recruitment of practitioner teachers will reduce the return on education at professional universities. 3) A law that sets a guideline for the practitioner teachers' educable period is desirable for economic growth. 4) Subsidies to professional universities with higher educational returns will lead to a decrease in researcher faculty and research universities through a reduction in research expenses at research universities.

KEYWORDS:

Professional-Researcher teacher ratio, Professional teachers, MBA, Number of Professional Universities, Number of Professional teachers, Subsidy
JEL:M10, I21, I23, I26

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