Abstract

The purpose of this study is to find ways to improve the performance-based financial allocation of general financial support programs for universities in Korea. To this end, an international comparative research method was used to obtain implications based on the cases of the United States and Finland, which introduced performance-based systems in university financial allocation before Korea. The implications for policy improvement based on the results of international comparative analysis are as follows. First, the performance-based financial allocation system for universities is operated based on absolute evaluation based on quantitative indicators, but it is necessary to apply a method of adding monitoring-based qualitative evaluation only for subgroups that do not meet the standard value. Second, it is necessary to add indicators related to graduation or employment as 'output' indicators as performance indicators for teaching, a core function of universities, but supplement equity indicators to reflect the achievements of universities' practical efforts. Third, it is necessary to review the application method of differentiated common performance indicators by type considering the characteristics of universities. Specifically, two approaches were proposed: ‘applying differential weights’ and ‘applying differentiated performance indicators’. Fourth, a more rational improvement plan for 'policy indicators' directly related to higher education policy goals was proposed. Fifth, when selecting the autonomous performance indicators, it is necessary to present quantitative indicators from which universities can select within a certain range rather than individual qualitative indicators. Lastly, consulting and evaluation of autonomous performance indicators should be set at a certain periodic cycle.

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