University development models and efficiency analysis

The purpose of this study is to suggest strategic solutions for the growth and development of universities by establishing university development models which can reflect the reality of Korean universities. These models are determined by the domestic and international trends in structural reforms of universities as well as the government policy toward university specialization. In order to apply these university development models effectively as efficient and outcome-oriented systems, we have taken an analytical approach to the essential resources which universities possess. We suggest four development models which emphasize the education and research aspect of the universities. These four models are the knowledge-specific, the knowledge-expanding, the knowledge-learning, and finally the knowledge-replenishing model. The subsequent analysis of the efficiency of sixty Korean universities is used to verify the validity of each suggested development model.