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What Works? Regional Effects of Universities

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  • Nicolas Bunde
  • Nina Czernich
  • Oliver Falck
  • Gabriel Felbermayr

Abstract

Universities exert a positive impact on the development of a region They increase employment in high-tech and knowledge- intensive industries and raise long-term wages Research results from universities are the basis for technological progress, new products, and start-ups Framework conditions and institutional characteristics play an important role for such effects Innovation ecosystems grow over years and decades. Therefore, higher-education policy must be long-term

Suggested Citation

  • Nicolas Bunde & Nina Czernich & Oliver Falck & Gabriel Felbermayr, 2022. "What Works? Regional Effects of Universities," EconPol Forum, CESifo, vol. 23(05), pages 48-55, September.
    • Handle: RePEc:ces:epofor:v:23:y:2022:i:05:p:48-55
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