The role of productive university in supporting the budget and educational process development

Economic Annals-ХХI: Volume 188, Issue 3-4, Pages: 23-30

Citation information:
Ashour, H. K., Mahlhal, A. H., & Jebur, A. K. (2021). The role of productive university in supporting the budget and educational process development. Economic Annals-XXI, 188(3-4), 23-30. doi: https://doi.org/10.21003/ea.V188-03

Hatem Kareem Ashour
MA (Economics), Lecturer,
Institute of Management Rusafa,
Middle Technical University
Rusafa Str., Baghdad, 10074, Iraq
Cpa.hatem@mtu.edu.iq
ORCID ID: https://orcid.org/0000-0001-8282-9549

Abbas Hashem Mahlhal
PhD (Economics), Associate Professor,
Technical Institute Kut,
Middle Technical University
Central Str., Kut, 52001, Iraq
Abbs.alshmousy@mtu.edu.iq
ORCID ID: https://orcid.org/0000-0001-9625-888X

Ayad kadhem Jebur
MA (Economics), Assistant Lecturer,
Institute of Management Rusafa,
Middle Technical University
Rusafa Str., Baghdad, 10074, Iraq
ayadkadhem615@gmail.com

The role of productive university in supporting the budget and educational process development

Abstract. The study aims to clarify the role of other sources of funding in the educational institutions in 2021 by finding alternatives that contribute to meeting some of the expenses of educational institutions due to a decrease in the financial allocation by the state observed in the recent years with regard to the circumstances that Iraq is going through, namely low world oil prices and a lack of other revenues in universities. The research consists of five subjects: the University Office of the Higher Education Fund, the Institute of Management of Rusafa, Technical Institute of Kut, Technical Institute Baquba, Technical College Baghdad and is based on data of the 2019-2021 period. It has been proven that the increasing requirements regarding the development of the educational process in terms of technology, as well as the urgent need for laboratories and other educational institutions to enhance their budgets to meet those requirements, become a burden for those institutions. Hence, the productive university should help find ways to match actual revenues in order to eliminate the observed budget deficit.

Keywords: Productive University; Current Budget; Educational Process

JEL Classifications: A00; D20

Acknowledgements and Funding: The authors received no direct funding for this research.

Contribution: The authors contributed equally to this work.

Data Availability Statement: The dataset is available from the authors upon request.

DOI: https://doi.org/10.21003/ea.V188-03

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Received 14.03.2021
Received in revised form 2.04.2021
Accepted 5.04.2021
Available online 10.05.2021