How Universities Promote Economic Growth

With the competitiveness of firms in an open and integrated world environment increasingly reliant on technological capability, universities are being asked to take on a growing role in stimulating economic growth. Beyond imparting education, they are now viewed as sources of industrially valuable technical skills, innovations, and entrepreneurship. Developed and developing countries alike have made it a priority to realize this potential of universities to spur growth, a strategy that calls for coordinated policy actions. The distinguished contributors to How Universities Promote Economic Growth examine the wealth of international experience on efforts to multiply links between universities and businesses. They offer valuable and succinct guidance on some of the most effective policy measures deployed by national and regional governments, firms and universities to enhance the contribution that tertiary institutions can make to economic change.