Universities, innovation and economic growth ; proceedings of a conference sponsored by the Federal Reserve Bank of Cleveland, November 16–17, 2006

This conference convened academics, angel networks, business leaders, civic and community officials, county and state economic development leaders, law firm representatives, legislators, public policy officials, researchers, and venture financing bankers to examine how universities, innovation, and the economy are not separate entities, but engaged participants working toward a common goal ? stimulating economic growth. Experts from across the country tackled tough questions: How do universities contribute to local innovation and economic growth processes? What are the real-world applications of university research and development? Is technology transfer the best way to forge this necessary collaboration between the higher-education and business communities? The first day of the conference focused on higher research and what the data gleaned means to the economy. Distinguished professors presented on topics such as how universities are faring in a competitive world and how geography impacts innovation. The second day of the conference was geared toward people in the business community. High-level executives who have faced head-on the challenges and triumphs collaboration can bring shared experiences and insights.