Title:
University Knowledge Hubs and Economic Growth
University Knowledge Hubs and Economic Growth
Author(s)
Owen, Gregory
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Abstract
This article highlights three key points that are important to the future
success of higher education and its role in contributing to economic growth.
These include (1) the shift from closed innovation to open innovation; (2)
the delicate campus conditions that rarely exist for successful
technology-related economic impact; and (3) the importance of recognizing
strategies that move higher education communities beyond their traditional
roles. This article continues by discussing some important aspects of the
entrepreneurial process as well as higher education’s propensity to rely on
imitation as its primary evolutionary tool. Included are successful
examples of deliberate partnerships between higher education (specifically
the Georgia Institute of Technology) and the business community. Finally,
this article provides concluding remarks with a list of recommended
relevant/related resources for policy-makers and higher education officials
to further understand how higher education can contribute more broadly to
local, regional, state, and national economic growth.
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Date Issued
2014-05
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Resource Type
Text
Resource Subtype
Pre-print