Asset management determinants of Polish universities

Abstract

Purpose

The purpose of the paper is to offer insights into university asset management (AM) and describe the impact that the various determinants have on the process of university AM. The process of university AM is influenced by a range of determinants.

Design/methodology/approach

A literature review and a case study were used to achieve the research objective. The case study involved two data collection techniques – interviews and document analysis.

Findings

Changing conditions of state-run universities, such as decreasing number of students and a tendency to increase the proportion of scientific research activities, require flexible adjustments to the size and structure of the universities’ facility base. Reductions in government grants and increasing maintenance costs of university assets have made it necessary to manage both existing and future assets more effectively to achieve measured improvement of environmental and social performance, to fulfil strategic responsibilities and to create shared value.

Research limitations/implications

The paper was limited to one practice case study. Additional cases could be studied to confirm the findings and increase the usefulness of the methodological framework and improve its application.

Practical implications

Identifying the various factors that influence the process of university AM would be useful for universities and other public building owners and their decisions-makers, such as chancellors and asset managers. The experience of the Polish market also may support the development of university or public building AM in other countries.

Originality/value

The process of optimising of university asset structure proposed in this paper can contribute to the better understanding and management of higher education institutions ' assets and to the greater competitiveness and efficiency of the Polish universities. The work is novel in that it provides insights into university AM and describes various determinants from an external (macro and micro) and internal (connected with the university itself) perspective.

Citation

Rymarzak, M. and Trojanowski, D. (2015), "Asset management determinants of Polish universities", Journal of Corporate Real Estate, Vol. 17 No. 3, pp. 178-197. https://doi.org/10.1108/JCRE-02-2015-0006