Electrical & Computer Engineering Faculty Publications

Document Type

Article

Publication Date

1-1-2006

Abstract

A university has long been considered an institution of higher learning with the immutable dual goals of research and teaching. A “public” university, however, has also had the founding principle of service, the performance of which is often linked to the region from which it receives public funds. Recently, this service component has morphed to playing an active role in regional economic development. This paper reviews the factors that have led to the situation in which a public university must define a relevant and significant set of objectives for itself in improving the economy of the community it serves. Further, a process model is suggested along with associated metrics, based on practices followed at several universities each of which has played a major role in regional economic development.

Publisher

Review of Business Research

Volume

6

Issue

4

First Page

133

Last Page

142

Language (ISO)

English

Keywords

Regional Economic Development; Public University Community Service; Wealth Creation; Net Job Creation

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