Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University
AbstractIn this paper, we discuss the nature of the university-industry relationship and recommend specific policies to help achieve the goal of greater economic growth. We argue that state-supported research universities can be used to integrate entrepreneurship into state economic development and incubate entrepreneurial companies. Regional entrepreneurship policy is a new strategy that regards economic development as a process that goes from supporting research and development to creating and growing new businesses. Specifically, we believe that an entrepreneurial higher education system is a key to state-level economic policies. There is an opportunity at research universities to combine the human capital talent available on faculties with the needs and expertise of private industry to accelerate entrepreneurship and economic growth.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6242.
Date of creation: Apr 2007
Date of revision:
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Other versions of this item:
- David Audretsch & Ronnie J. Phillips, 2007. "Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University," Papers on Entrepreneurship, Growth and Public Policy 2007-11, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-28 (All new papers)
- NEP-EDU-2007-04-28 (Education)
- NEP-ENT-2007-04-28 (Entrepreneurship)
- NEP-HRM-2007-04-28 (Human Capital & Human Resource Management)
- NEP-INO-2007-04-28 (Innovation)
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