The Role of Universities in Industrial Cluster Development

The Role of Universities in Industrial Cluster Development
Author: Evan T. Berryman
Publisher:
Total Pages: 122
Release: 2019
Genre: Academic-industrial collaboration
ISBN:

High-growth industrial clusters can be engines of economic growth through the development of human capital, knowledge spillovers, and early-stage investment. For the past 50 years, Stanford University has been a catalyst in developing Silicon Valley as a global center for technology innovation in the San Francisco Bay Area. Ohio University now has the opportunity to leverage the Wright Patterson Air Force Base (WPAFB) and Russ Research Center (RRC) to play a similar role in producing an industrial cluster centered around emerging technologies in aerospace and defense in the greater Dayton, Ohio area. A significant gift from noted alumni Fritz and Dolores Russ provided Ohio University with the RRC in Southwest Ohio, and Ohio University's usage of this facility could result in significant financial and social return on investment for the University and the State of Ohio. This work looks to explore the structures and components of industrial clusters, the economy of the greater Dayton region and Ohio University's potential role in the Dayton ecosystem through the RRC. The overall objective is to provide decisionmakers at Ohio University with a comprehensive foundation to facilitate discussion surrounding utilization of the RRC. In 1994, Fritz and Dolores Russ (Ohio '42) presented plans to donate property in Beavercreek, Ohio to Ohio University when current tenants' leases expired. As part of this $124 million gift, which remains the largest donation to any public or private engineering school in the country, Ohio University named the College of Engineering and Technology after the Russ family (Keller, 1996). When Fritz and Dolores passed away in 2006 and 2008, respectively, Ohio University took ownership of the property and renamed it the "Russ Research Center." In addition to the gift, the Russ family's professional legacy carries significant weight. After working at WPAFB, Fritz and Dolores Russ founded a leading electronic and automation corporation called System Research Laboratories (SRL). Through its merger with Arvin Industries in 1987, SRL provided software, artificial intelligence, and laser technology to the United States Government. After exiting SRL, the Russ family retained SRL's physical property and founded the consulting firm Russ Venture Group. The Russ Venture Group leased out SRL offices to portfolio companies. The property originally occupied by SRL and then the Russ Venture Group is the property now referred to as the Russ Research Center. As Ohio University determines its course of action with the Russ Research Center, it is critical that the institution has a strong understanding of cluster development, Dayton's economy, and the potential implications of its decision. Therefore, this work will elaborate on industrial clusters, Dayton and its historical, current and future economy, and the impact of various use cases of the Russ Research Center within the Dayton region. The primary objective of this body of work is to examine the potential outcomes of Russ Research Center use cases for Ohio University. This research should inform discussions among leaders of Ohio University's management team and enhance clarity for the Board of Trustees at Ohio University surrounding debated utility of the land. Dayton's current and historical profile, as well as the potential effects on Ohio University's financial position and industry connections, are important pieces of information that may help influence the course of action for the Russ Research Center and the formation of an industrial cluster in the Dayton region.

Industrial Cluster & Higher Education

Industrial Cluster & Higher Education
Author: Mongkhonvanit Jomphong Mongkhonvanit
Publisher: Xlibris Corporation
Total Pages: 137
Release: 2010-08
Genre: Education
ISBN: 1453536442

With emphasis on economic growth since the mid twentieth century in which industrial and scientific revolutions played important roles in society, the priority of university and education has been shift to the contributor to knowledge, economy and innovation, as many argue that knowledge and skill becomes a key factor of production. As industrial clusters were emerged as a mean to improve competitiveness of industry in global and knowledge economy, this book is to investigate the roles of industrial clustering and roles of universities in development of industrial clusters and competitiveness. The seven chapters in this book feature frameworks and concepts, along with case studies in different regions and countries, to understand the dynamics and development of cooperation between industrial clusters and higher education to enhance national and regional competitiveness.

The Fountain of Knowledge

The Fountain of Knowledge
Author: Shiri M. Breznitz
Publisher: Stanford University Press
Total Pages: 200
Release: 2014-07-30
Genre: Business & Economics
ISBN: 0804791929

Today, universities around the world find themselves going beyond the traditional roles of research and teaching to drive the development of local economies through collaborations with industry. At a time when regions with universities are seeking best practices among their peers, Shiri M. Breznitz argues against the notion that one university's successful technology transfer model can be easily transported to another. Rather, the impact that a university can have on its local economy must be understood in terms of its idiosyncratic internal mechanisms, as well as the state and regional markets within which it operates. To illustrate her argument, Breznitz undertakes a comparative analysis of two universities, Yale and Cambridge, and the different outcomes of their attempts at technology commercialization in biotech. By contrasting these two universities—their unique policies, organizational structure, institutional culture, and location within distinct national polities—she makes a powerful case for the idea that technology transfer is dependent on highly variable historical and environmental factors. Breznitz highlights key features to weigh and engage in developing future university and economic development policies that are tailor-made for their contexts.

The Role of Universities in Cluster Development, BBU Case

The Role of Universities in Cluster Development, BBU Case
Author: Alexandru Chis
Publisher:
Total Pages: 0
Release: 2014
Genre:
ISBN:

As Europe is tending to a knowledge-based economy, clusters, considered as organized networks between companies, especially small and medium-size companies (SME's), need that universities get more and more involved in order to contribute to the development of entrepreneurial and managerial activity, but also to support the activity of research - development, innovation at the level required by the market and the evolution of requirements at the European and the global level Within such a context, the "Babes-Bolyai" University of Cluj-Napoca plays an increasing significant role for business environment in the country promoting the concept (which is new for Romania) of entrepreneurial university.

Cooperation, Clusters, and Knowledge Transfer

Cooperation, Clusters, and Knowledge Transfer
Author: Joao J M Ferreira
Publisher: Springer Science & Business Media
Total Pages: 279
Release: 2013-03-26
Genre: Business & Economics
ISBN: 3642331947

Cooperation and clusters have become the guiding paradigms for explaining and promoting regional competitiveness, but the cooperation process between firms and universities and the transfer of knowledge in guiding and nurturing regional competitiveness has received relatively little attention. This book strives to fill this gap in highlighting the connection between inter-firm cooperation in regional clusters, innovation and regional networks, and the role of universities in them . It goes beyond the traditional economic approach of clusters and includes ‘soft factors’ in the explanation of regional competitiveness, and connects the literature on clusters to the literature of learning and knowledge creation as sources of regional competitiveness. It aims to foster an international and interdisciplinary exchange of perspectives by presenting current developments, case studies, best practices as well as new integrated theoretical approaches and applications.

Universities and Colleges as Economic Drivers

Universities and Colleges as Economic Drivers
Author: Jason E. Lane
Publisher: State University of New York Press
Total Pages: 348
Release: 2012-11-20
Genre: Education
ISBN: 1438445024

Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local infrastructure and industry development initiatives. At the heart of the current economic transformation lie our colleges and universities. Through their roles in education, innovation, knowledge transfer, and community engagement, these institutions are working toward spurring economic growth and prosperity. This book brings together leading scholars from a variety of disciplines to assess how universities and colleges exert impact on economic growth. The contributors consider various methodologies, metrics, and data sources that may be used to gauge the performance of diverse higher education institutions in improving economic outcomes in the United States and around the world. Also presented are new typologies of economic development activities and related state policies that are designed to improve understanding of such initiatives and generate new energy and focus for an international community of scholars and practitioners working to formulate new models for how public universities and colleges may lead economic development in their states and communities while still performing their traditional educational functions. Universities and Colleges as Economic Drivers is meant to cultivate greater understanding among elected officials, business representatives, policymakers, and other concerned parties about the central roles universities and colleges play in national, state, and local economies.

Growing Innovation Clusters for American Prosperity

Growing Innovation Clusters for American Prosperity
Author: National Research Council
Publisher: National Academies Press
Total Pages: 186
Release: 2011-11-12
Genre: Technology & Engineering
ISBN: 030915622X

Responding to the challenges of fostering regional growth and employment in an increasingly competitive global economy, many U.S. states and regions have developed programs to attract and grow companies as well as attract the talent and resources necessary to develop innovation clusters. These state and regionally based initiatives have a broad range of goals and increasingly include significant resources, often with a sectoral focus and often in partnership with foundations and universities. These are being joined by recent initiatives to coordinate and concentrate investments from a variety of federal agencies that provide significant resources to develop regional centers of innovation, business incubators, and other strategies to encourage entrepreneurship and high-tech development. This has led to renewed interest in understanding the nature of innovation clusters and public policies associated with successful cluster development. The Board on Science, Technology, and Economic Policy (STEP), conducted a symposium which brought together state and federal government officials, leading analysts, congressional staff, and other stakeholders to explore the role of clusters in promoting economic growth, the government's role in stimulating clusters, and the role of universities and foundations in their development. Growing Innovation Clusters for American Prosperity captures the presentations and discussions of the 2009 STEP symposium on innovation clusters. It includes an overview highlighting key issues raised at the meeting and a summary of the meeting's presentations. This report has been prepared by the workshop rapporteur as a factual summary of what occurred at the workshop.

Cluster Genesis

Cluster Genesis
Author: Pontus Braunerhjelm
Publisher: OUP Oxford
Total Pages: 356
Release: 2006-11-02
Genre: Business & Economics
ISBN: 0191525839

Clusters - regional concentrations of related firms and organizations - are seen as being an important element of economic growth and innovation. But there is little understanding of how clusters come into existence, and little guidance provided on the role of policies that are conducive to the formation of clusters. Cluster Genesis focuses on these early origins of clusters. The case histories of well-known, established clusters, as well as more recently-developed clusters are discussed, including: · The Hollywood motion picture cluster, · Silicon Valley, · Boston and San Francisco biotech regions, · The Biotech industry in China, · Medicon Valley in Scandinavia, · The Irish ITC sector. Leading scholars contribute chapters examining cluster genesis, the divergent processes by which clusters arise, how multinationals contribute to cluster development, and how economic development policy may promote or hinder cluster genesis. Cluster Genesis uses a variety of methodological perspectives, examines a range of policy options, and draws on a number of rich case histories, and will be key reading for academics, researchers, and students of Economics, Innovation, Sociology, Geography, and Management Studies, as well as economic development officials and policy makers.

Handbook of Research on Innovation and Clusters

Handbook of Research on Innovation and Clusters
Author: Charlie Karlsson
Publisher: Edward Elgar Publishing
Total Pages: 485
Release: 2008
Genre: Business & Economics
ISBN: 1848445075

'This volume is an important step in furthering the discussion about how cluster strategies work and the implications for theory and policy.' – Jennifer Clark, Review of Regional Studies The role of innovations and clusters has increasingly dominated local and regional development policies in recent decades. This authoritative and accessible Handbook considers important aspects of high-tech clusters, analyses insightful cluster case studies, and provides a number of recommendations for cluster policies. The chapters in this Handbook are written by international experts in the field and present evidence of the scope, effects, and potential of clusters as concentrations of innovative activities. The authors emphasize that cluster development is not the only option for local and regional development and argue that for cluster policies to be worthwhile, supporting policies in fields such as education, R&D, transportation, and communication infrastructure must accompany most cluster policies. Furthermore, several contributions stress that clusters often develop along a life cycle that may end with decline and even the disappearance of clusters. Consequently, this Handbook provides the basis for improving both research on innovation and clusters and the formulation and implementation of cluster policies. Furnishing the reader with rich, comprehensive discussion of innovations and clusters, this Handbook will be an essential source for researchers and academics in the field, as well as policymakers, planners and specialists, development experts and agencies, and consultants.