Academics generally should meet both teaching duty and research performance requirements. Since their work time is finite, academics need to allocate time for research, teaching, and other types of work. This means that universities or governments might enhance the efficiency of their faculty systems or educational policies by understanding academics’ preferences for choice and allocation of their work time. We analyzed the work time allocation preferences of 450 Korean academics in science and engineering fields based on the multiple discrete–continuous extreme value (MDCEV) model. We classified work time into either of research, teaching, or other tasks and investigated the relationship between academics’ preferences in choosing and allocating their work time and faculty system (e.g., tenure), individual characteristics (e.g., research productivity) and external shock (e.g., COVID-19). Analysis results show that academics with either of tenure, higher research productivity, or commercialization experience preferred to allocating their work time firstly to research, i.e., rather than to teaching or other tasks, while this was not the case for the academics after the pandemic. In general, academics appeared not to prefer allocating their work time firstly to teaching. Implications of our study are twofold. First, the higher education sector needs to incentivize academics’ teaching time allocation for enhanced effectiveness of education. Second, universities and governments urgently need systems and policies to facilitate academics’ research time allocation for enhanced research productivity as we find deteriorated preference for research time allocation after COVID-19.
Choice and allocation characteristics of faculty time in Korea: effects of tenure, research performance, and external shock