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.

Universities as Engines of Economic Development

Universities as Engines of Economic Development
Author: Edward Crawley
Publisher: Springer Nature
Total Pages: 336
Release: 2020-06-22
Genre: Technology & Engineering
ISBN: 3030475492

This book describes patterns of behavior that collectively allow universities to exchange knowledge more effectively with industry, accelerate innovation and eventually contribute to economic development. These are based on the effective practices of leading and ambitious universities around the world that the authors have benchmarked, and the personal experiences of the authors in a number of international institution building projects, including those of MIT. The authors provide guidance that is globally applicable, but must be locally adapted. The approach is first to describe the context in which universities act as engines of economic development, and then present a set of effective practices in four domains: education, research, innovation, and supporting practices. Each of these domains has three to six practices, and each practice is presented in a similar template, with an abstract, a rationale and description, key actions and one or two mini-case studies. The practices are summarized by integrative case studies. The book: Focuses on a globally adaptable set of effective practices, complemented by case studies, that can enhance universities’ contribution to economic development, based on an integrated view of education, research and innovation; Presents effective practices and broader insights that come from real global experience, spelled out in templates and explained by cases; Includes tangible resources for university leaders, policy makers and funders on how to proceed.

Innovation Economics

Innovation Economics
Author: Robert D. Atkinson
Publisher: Yale University Press
Total Pages: 544
Release: 2012-09-04
Genre: Business & Economics
ISBN: 0300189117

This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth
Author: Michael J Andrews
Publisher: University of Chicago Press
Total Pages: 633
Release: 2022-03-17
Genre: Business & Economics
ISBN: 022681078X

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

Universities and Innovation Economies

Universities and Innovation Economies
Author: Peter Murphy
Publisher: Routledge
Total Pages: 268
Release: 2016-02-24
Genre: Social Science
ISBN: 1317004361

Students drop out of universities in large numbers, many graduate to jobs that do not require a degree and a large number learn little at university, whilst graduate salaries have shrunk over time and student loan debt and default have grown. University research achievements have declined while university administration has expanded massively. The contemporary university is mired in auditing, regulation, waste and aimlessness and its contribution to serious social innovation has deteriorated markedly. The miserable state of the universities reflects a larger social reality, as bureaucratic capitalism has replaced creative capitalism. Universities and Innovation Economies examines the rise and fall of the mass university and post-industrial society, considering how we might revitalize economic and intellectual creativity. Looking to a much more inventive social and economic paradigm to drive long-term growth, the author argues for a smaller, leaner, more effective university model - one capable of delivering a greater degree of high-level discovery and creative power. A potent critique of the post-industrial mass university that urges a reimagination of universities as places of discovery and invention, this book will appeal to readers interested in higher education, creativity, social theory, the sociology of work and organisations, political economy, pedagogy and public policy.

Universities in the National Innovation Systems

Universities in the National Innovation Systems
Author: V. V. Krishna
Publisher: Taylor & Francis
Total Pages: 358
Release: 2017-07-31
Genre: Education
ISBN: 1351619004

This volume looks at the role of universities in the National Innovation Systems in economies of the Asia Pacific. It examines the tremendous growth of human and knowledge capital made possible by teaching and research excellence in major universities, along with how universities are being re-positioned as frontiers of innovation in the National Systems of Innovation. The chapters assess the impact of globalisation and innovation together with the emergence of ‘new’ knowledge sites extended to the Asia Pacific region. With contributions by experts and academics and key case studies, this book will be useful to scholars and researchers in higher education, development studies, public policy, economics, business and resource management, Asian studies as well as policymakers.

Developing National Systems of Innovation

Developing National Systems of Innovation
Author: Eduardo Albuquerque
Publisher: Edward Elgar Publishing
Total Pages: 311
Release: 2015-01-30
Genre: Business & Economics
ISBN: 1784711101

Interactions between firms and universities are key building blocks of innovation systems. This book focuses on those interactions in developing countries, presenting studies based on fresh empirical material prepared by research teams in 12 countries

Universities, Innovation and the Economy

Universities, Innovation and the Economy
Author: Helen Lawton-Smith
Publisher: Routledge
Total Pages: 282
Release: 2006-09-27
Genre: Business & Economics
ISBN: 1134344228

Universities are increasingly expected to be at the heart of networked structures contributing to society in meaningful and measurable ways through research, the teaching and development of experts, and knowledge innovation. While there is nothing new in universities’ links with industry, what is recent is their role as territorial actors. It is government policy in many countries that universities - and in some countries national laboratories - stimulate regional or local economic development. Universities, Innovation and the Economy explores the implications of this expectation. It sites this new role within the context of broader political histories, comparing how countries in Europe and North America have balanced the traditional roles of teaching and research with that of exploitation of research and defining a territorial role. Helen Lawton-Smith highlights how pressure from the state and from industry has produced new paradigms of accountability that include responsibilities for regional development. This book uses empirical evidence from studies conducted in North America and Europe to provide an overview of the changing geography of university-industry links.

Best Practices in State and Regional Innovation Initiatives

Best Practices in State and Regional Innovation Initiatives
Author: National Research Council
Publisher: National Academies Press
Total Pages: 257
Release: 2013-06-04
Genre: Political Science
ISBN: 0309287375

Most of the policy discussion about stimulating innovation has focused on the federal level. This study focuses on the significant activity at the state level, with the goal of improving the public's understanding of key policy strategies and exemplary practices. Based on a series of workshops and conferences that brought together policymakers along with leaders of industry and academia in a select number of states, the study highlights a rich variety of policy initiatives underway at the state and regional level to foster knowledge based growth and employment. Perhaps what distinguishes this effort at the state level is most of all the high degree of pragmatism. Operating out of necessity, innovation policies at the state level often involve taking advantage of existing resources and recombining them in new ways, forging innovative partnerships among universities, industry and government organizations, growing the skill base, and investing in the infrastructure to develop new technologies and new industries. Many of these initiatives are being guided by leaders from the private sector and universities. The objective of Best Practices in State and Regional Innovation Initiatives: Competing in the 21st Century is not to do an empirical review of the inputs and outputs of various state programs. Nor is it to evaluate which programs are superior. Indeed, some of the notable successes, such as the Albany nanotechnology cluster, represent a leap of leadership, investment, and sustained commitment that has had remarkable results in an industry that is actively pursued by many countries. The study's goal is to illustrate the approaches taken by a variety of highly diverse states as they confront the increasing challenges of global competition for the industries and jobs of today and tomorrow.

Economics of Research and Innovation in Agriculture

Economics of Research and Innovation in Agriculture
Author: Petra Moser
Publisher: University of Chicago Press
Total Pages: 270
Release: 2021-10-08
Genre: Business & Economics
ISBN: 022677905X

"The challenges facing agriculture are plenty. Along with the world's growing population and diminishing amounts of water and arable land, the gradual increase in severe weather presents new challenges and imperatives for producing new, more resilient crops to feed a more crowded planet in the twenty-first century. Innovation has historically helped agriculture keep pace with earth's social, population, and ecological changes. In the last 50 years, mechanical, biological, and chemical innovations have more than doubled agricultural output while barely changing input quantities. The ample investment behind these innovations was available because of a high rate of return: a 2007 paper found that the median ROI in agriculture was 45 percent between 1965 and 2005. This landscape has changed. Today many of the world's wealthier countries have scaled back their share of GDP devoted to agricultural R&D amid evidence of diminishing returns. Universities, which have historically been a major source of agricultural innovation, increasingly depend on funding from industry rather than government to fund their research. As Upton Sinclair wrote of the effects industry influences, "It is difficult to get a man to understand something when his salary depends upon his not understanding it." In this volume of the NBER Conference Report series, editor Petra Moser offers an empirical, applied-economic framework to the different elements of agricultural R&D, particularly as they relate to the shift from public to private funding. Individual chapters examine the sources of agricultural knowledge and investigate challenges for measuring the returns to the adoption of new agricultural technologies, examine knowledge spillovers from universities to agricultural innovation, and explore interactions between university engagement and scientific productivity. Additional analysis of agricultural venture capital point to it as an emerging and future source of resource in this essential domain"--