Leveraging HERD Data to Understand Institutions’ Competitive Edge, Growth Potential, and Strategic Collaborations

This presentation delves into understanding institutional strengths, weaknesses, and areas of growth potential within the landscape of higher education. Leveraging data from the Higher Education Research (HERD) survey, we analyze research expenditures in ten broad scientific fields and forty sub-detailed research fields across higher educational institutes in the United States. We utilize macro and microeconomics methodologies to analyze and identify research specializations by institution, along with research fields exhibiting high growth potential. This comprehensive approach aims to offer valuable insights for strategic planning, fostering smart collaborations, and guiding investments to nurture growth within an institution.