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Latin American universities and the third mission : trends, challenges, and policy options

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  • Thorn, Kristian
  • Soo, Maarja
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    Abstract

    Universities in Latin America are increasingly considered instruments of social and economic development and face rising expectations in regard to supplying relevant skills, undertaking applied research, and engaging in commercial activity. The paper discusses trends and challenges within Latin American universities, as well as policy options available for strengthening their contributions to social and economic development. The so-called third mission of universities is often equated with knowledge transfer narrowly defined as licensing and commercialization of research. The paper adopts a broader approach and explores how the new role of universities affects all aspects of academic practice in Latin America, including advanced education and research. It concludes that policymakers and university managers in Latin America face an important challenge of defining a legal framework, sound management procedures, and notably, incentive systems that stimulate outreach and entrepreneurship among students and staff while recognizing and preserving the distinct roles of universities.

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    Bibliographic Info

    Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4002.

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    Date of creation: 01 Aug 2006
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    Handle: RePEc:wbk:wbrwps:4002

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    Related research

    Keywords: Tertiary Education; Agricultural Knowledge&Information Systems; Rural Development Knowledge&Information Systems; ICT Policy and Strategies; Secondary Education;

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    1. Saul Lach & Mark Schankerman, 2007. "Incentives and invention in universities," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 3725, London School of Economics and Political Science, LSE Library.
    2. Fagerberg, Jan & Verspagen, Bart, 2002. "Technology-gaps, innovation-diffusion and transformation: an evolutionary interpretation," Research Policy, Elsevier, Elsevier, vol. 31(8-9), pages 1291-1304, December.
    3. Thorn, Kristian & Holm-Nielsen, Lauritz & Jeppesen, Jette Samuel, 2004. "Approaches to results-based funding in tertiary education : identifying finance reform options for Chile," Policy Research Working Paper Series 3436, The World Bank.
    4. Meyer-Krahmer, Frieder & Schmoch, Ulrich, 1998. "Science-based technologies: university-industry interactions in four fields," Research Policy, Elsevier, Elsevier, vol. 27(8), pages 835-851, December.
    5. Dasgupta, Partha & David, Paul, 1985. "Information Disclosure and the Economics of Science and Technology," CEPR Discussion Papers, C.E.P.R. Discussion Papers 73, C.E.P.R. Discussion Papers.
    6. World Bank, 2006. "World Development Indicators 2006," World Bank Publications, The World Bank, number 8151, August.
    7. Doms, Mark & Dunne, Timothy & Troske, Kenneth R, 1997. "Workers, Wages, and Technology," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 112(1), pages 253-90, February.
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