Determinanty produkcie znalostí na európskych univerzitách

This paper investigates the knowledge production function (KPF) of European universities, examining the relationship between human resources, financial inputs, and scientific output as measured by academic publications. Using a panel dataset of universities from 36 European countries between 2011 and 2020, the study finds that academic personnel is the primary driver of publication output, exhibiting decreasing returns to scale. In contrast, R&D expenditures show a weak relationship with publication output, suggesting that financial investments alone are insufficient to enhance research performance. The findings highlight the importance of human capital and broader institutional support for maximizing scientific productivity in European universities.