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The research university, entrepreneurship and regional development: Research propositions and current evidence

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  • Helen Lawton Smith
  • Sharmistha Bagchi-Sen

Abstract

The objective of this paper is to set a framework for examining the conditions under which a research university becomes more than a latent asset [Power, D., and A. Malmberg. 2008. The contribution of universities to innovation and economic development: In what sense a regional problem? Cambridge Journal of Regions, Economy and Society 1, no. 2: 233--46.] in regional economies. The framework is comprised of four propositions used to identify drivers of change, evidence of change and evidence of impact. As an exemplar, we examine the University of Oxford's growing engagement in its local region. This paper shows that the convergence between the interests of the university and the local high-tech economy is particularly associated with broader technological trends and with the University's capacity to draw on national funding programmes designed to stimulate ‘third-stream’ activities, including entrepreneurship courses and regional networking activities.

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File URL: http://hdl.handle.net/10.1080/08985626.2011.592547
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Entrepreneurship & Regional Development.

Volume (Year): 24 (2012)
Issue (Month): 5-6 (June)
Pages: 383-404

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Handle: RePEc:taf:entreg:v:24:y:2012:i:5-6:p:383-404

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Cited by:
  1. Einar Rasmussen & Paul Benneworth & Magnus Gulbrandsen, 2013. "Scoping paper: Developing University Innovation Capacity: How can innovation policy effectively harness universities’ capability to promote high-growth technology businesses?," Working Papers on Innovation Studies 20131007, Centre for Technology, Innovation and Culture, University of Oslo.
  2. Max Nathan & Emma Vandore, 2013. "Here Be Startups: Exploring a young digital cluster in Inner East London," SERC Discussion Papers 0146, Spatial Economics Research Centre, LSE.
  3. Friedrich Dornbusch & Thomas Brenner, 2013. "Universities as local knowledge hubs under different technology regimes – New evidence from academic patenting," Working Papers on Innovation and Space 2013-10, Philipps University Marburg, Department of Geography.
  4. Kroll, Henning & Schubert, Torben, 2014. "On universities' long-term effects on regional value creation and unemployment: The case of Germany," Working Papers "Firms and Region" R1/2014, Fraunhofer Institute for Systems and Innovation Research (ISI).

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