Economic Imperialism in Education Research: A Conceptual Review

Jabbar, Huriya; Menashy, Francine

doi:10.3102/0013189x211066114

Cited by 19 publications

(16 citation statements)

References 68 publications

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“…Applying VMM domains to an academic institution allowed us to better understand institutional leaders' value parameters beyond traditional financial return on investment. Jabbar et al 7 proposes economic imperialism as a concept that underlies the "power [of economics] over so many facets of social life and policy-including education" and drives the metrics we use to guide resource allocation. Understanding and acknowledging this hegemony allows policymakers to "approach decision-making through alternate frameworks and models."…”

Section: Jama Network Open | Medical Educationmentioning

confidence: 99%

“…24 A pure economic model is too narrow a tool to measure valued outcomes from the academic education mission. 7 A broader framework forms the basis for more effective dialogue between institutional leaders and educators. Applying VMM domains to an academic institution allowed us to better understand institutional leaders' value parameters beyond traditional financial return on investment.…”

Section: Jama Network Open | Medical Educationmentioning

confidence: 99%

“…They hold an understandable economic focus since clinical revenue currently subsidizes the AMC's education and research missions. 2,7 However, economic metrics, such as return on investment (ROI), are insufficient to determine the value of EIPs. 7 AMC leaders and educators need a broader framework to inform future dialogue and resource allocation.…”

Section: Introductionmentioning

confidence: 99%

“…2,7 However, economic metrics, such as return on investment (ROI), are insufficient to determine the value of EIPs. 7 AMC leaders and educators need a broader framework to inform future dialogue and resource allocation. To date, the perspective of institutional leaders is missing, especially regarding the factors that have value beyond financial ROI.…”

Section: Introductionmentioning

confidence: 99%

“…Funds for educator investment programs (EIPs) like intramural grants or endowed chairs are often allocated by leaders with backgrounds in clinical administration or biomedical research. They hold an understandable economic focus since clinical revenue currently subsidizes the AMC’s education and research missions . However, economic metrics, such as return on investment (ROI), are insufficient to determine the value of EIPs .…”

Section: Introductionmentioning

confidence: 99%

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Identifying Value Factors in Institutional Leaders’ Perspectives on Investing in Health Professions Educators

et al. 2023

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ImportanceInvesting in educators, educational innovation, and scholarship is essential for excellence in health professions education and health care. Funds for education innovations and educator development remain at significant risk because they virtually never generate offsetting revenue. A broader shared framework is needed to determine the value of such investments.ObjectiveTo explore the value factors using the value measurement methodology domains (individual, financial, operational, social or societal, strategic or political) that health professions leaders placed on educator investment programs, including intramural grants and endowed chairs.Design, Setting, and ParticipantsThis qualitative study used semi-structured interviews with participants from an urban academic health professions institution and its affiliated systems that were conducted between June and September 2019 and were audio recorded and transcribed. Thematic analysis was used to identify themes with a constructivist orientation. Participants included 31 leaders at multiple levels of the organization (eg, deans, department chairs, and health system leaders) and with a range of experience. Individuals who did not respond initially were followed up with until a sufficient representation of leader roles was achieved.Main Outcomes and MeasuresOutcomes include value factors defined by the leaders for educator investment programs across the 5 value measurement methodology domains: individual, financial, operational, social or societal, and strategic or political.ResultsThis study included 29 leaders (5 [17%] campus or university leaders; 3 [10%] health systems leaders; 6 [21%] health professions school leaders; 15 [52%] department leaders). They identified value factors across the 5 value measurement methods domains. Individual factors emphasized the impact on faculty career, stature, and personal and professional development. Financial factors included tangible support, the ability to attract additional resources, and the importance of these investments as a monetary input rather than output. Operational factors identified educational programs and faculty recruitment or retention. Social and societal factors showcased scholarship and dissemination benefits to the external community beyond the organization and to the internal community of faculty, learners, and patients. Strategic and political factors highlighted impact on culture and symbolism, innovation, and organizational success.Conclusions and RelevanceThese findings suggest that health sciences and health system leaders find value in funding educator investment programs in multiple domains beyond direct financial return on investment. These value factors can inform program design and evaluation, effective feedback to leaders, and advocacy for future investments. This approach can be used by other institutions to identify context-specific value factors.

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Section: Jama Network Open | Medical Educationmentioning

confidence: 99%

Section: Jama Network Open | Medical Educationmentioning

confidence: 99%