Handbook of Universities and Regional Development
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Handbook of Universities and Regional Development

Edited by Attila Varga and Katalin Erdős

The Handbook on Universities and Regional Development offers a comprehensive and up-to-date insight into how academic institutions spur their surroundings. The volume sheds light on universities as regional development actors from a historical perspective by introducing institutional changes and discussing the interrelatedness of society, business and academia. It provides detailed investigations on various knowledge transfer mechanisms to help understand the diverse ways through which ideas and intellectual property can flow between universities and businesses. Detailed case studies from three continents (Europe, Asia, and America) demonstrate the highly contextual nature of the interactions between academia, industry and government.
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Chapter 4: Universities and their economic and social contribution to regional development

Philip McCann and Raquel Ortega-Argilés


This chapter focuses on the role that universities can play in the contributing to regional development through multiple ways. Firstly, it builds on the theoretical grounds that explain the roles of universities as a catalyst for enhancing economic growth and social cohesion. We explore various lines and transmissions mechanisms by which such effects may occur. Secondly, the chapter analyses the various types of policy measures employed in different countries that aim to increase the positive contribution of universities to the socio-economic environment of the local and regional economy. We discuss a range of such measures, including innovation vouchers, knowledge transfer partnerships, and business incubators, in order to illustrate the different roles that universities can play. The chapter provides an up-to-date benchmarking of the current experience of regions where universities are key players in their regional strategy.

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