Economic Development Is No Longer Optional

Author(s):  
Holden Thorp ◽  
Buck Goldstein

The prosperity of regional economies is inescapably linked to the health of their colleges and universities. Economic development has evolved from a by-product of higher education to a public expectation. Schools both big and small have emerged as crucial economic engines often taking the place of Fortune 500 corporations as a major generator of jobs and tax revenue. Economic impact can be maximized by developing a clear strategy, streamlining technology transfer, effectively managing conflicts of interest and developing mechanisms for bridging the chasm between the academy and the commercial world. It is critical that economic development be encouraged in service of the core mission of the university: research and teaching.

2013 ◽  
Vol 52 (3) ◽  
pp. 486-511 ◽  
Author(s):  
Henry Etzkowitz

This article analyzes the evolution of the entrepreneurial university from a narrow focus on capturing the commercializable results of the ‘meandering stream of basic research’ to a broader interest in firm formation and regional economic development. No longer limited to schools like MIT, specialized for that purpose, entrepreneurial aspirations have spread to the academic mainstream. Academic involvement in (1) technology transfer, (2) firm formation and (3) regional development signifies the transition from a research to an entrepreneurial university as the academic ideal. As universities become entrepreneurial, tension arises between this new role and that of teaching and research as it has between research and teaching. Nevertheless, the university coheres as each of these new missions has fed back into and enhanced previous tasks.


2012 ◽  
Vol 1 (1) ◽  
pp. 2 ◽  
Author(s):  
Jason Jolley ◽  
Aaron Nousaine ◽  
Carolyn Huang

<p>This paper describes the economic and social challenges faced by Enfield, a small town in rural northeastern North Carolina, and the efforts by the Center for Competitive Economies at the University of North Carolina at Chapel Hill to assist the community in a strategic economic development plan to address these challenges. In particular, the paper outlines the challenges and tensions between place-based versus people-based economic development approaches and how these tensions are generalizeable to other rural small towns. Lastly, the paper concludes that even the most effective economic development strategies may only impact the community marginally given the larger confluence of events in the broader region, such as general population loss due to outmigration, declining traditional industries, and stagnant regional economies.</p>


2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.


2017 ◽  
Vol 32 (3) ◽  
pp. 26-38 ◽  
Author(s):  
M. Y. Veselovsky

In article primary benefits of innovative territorial clusters, and also domestic and foreign experience of their creation and formation are described. Initiatives of the state of increase in efficiency of activities of innovative clusters, the main shortcomings of their operation are selected, measures which implementation, will allow to become innovative clusters drivers of economic development of regional economies are proposed.


2004 ◽  
Vol 31 (2) ◽  
pp. 125-148 ◽  
Author(s):  
Balbir S. Sihag

Kautilya, a 4th century B.C.E. economist, recognized the importance of accounting methods in economic enterprises. He realized that a proper measurement of economic performance was absolutely essential for efficient allocation of resources, which was considered an important source of economic development. He viewed philosophy and political science as separate disciplines but considered accounting an integral part of economics. He specified a very broad scope for accounting and considered explanation and prediction as its proper objectives. Kautilya developed bookkeeping rules to record and classify economic data, emphasized the critical role of independent periodic audits and proposed the establishment of two important but separate offices - the Treasurer and Comptroller-Auditor, to increase accountability, specialization, and above all to reduce the scope for conflicts of interest. He also linked the successful enforcement of rules and regulations to their clarity, consistency and completeness. Kautilya believed that such measures were necessary but not sufficient to eliminate fraudulent accounting. He also emphasized the role of ethics, considering ethical values as the glue which binds society and promotes economic development.


Author(s):  
Bo Peng

Today, with the increasingly rapid economic development and diversified consumer demands, the printing and publishing industry is also facing challenges and opportunities. Under this background, the emerging digital printing technology, which USES modern digital system to transmit graphic information to digital printing machine through network, has gradually become the core technical content of the printing field. Based on the emergence and characteristics of digital printing, this paper focuses on the application of digital printing technology in packaging printing, and predicts the future development trend of digital printing technology, hoping to help readers understand the knowledge of digital printing technology.


2021 ◽  
Vol 13 (15) ◽  
pp. 8146
Author(s):  
Bingyao Chen

Public–private partnership (PPP), an innovative mode of infrastructure investment, has been widely applied in China and has become an essential policy tool with which to promote sustainable economic development. In order to comprehensively evaluate the economic consequences, using 31 provinces in China from 2003 to 2018 as samples, first, stochastic frontier analysis was performed to measure the input–output efficiency of infrastructure investment to evaluate the economic sustainability and efficiency of PPP compared to single government-led investment mode. Next, the overall economic growth effect of PPP was verified. Further, from the perspective of sustainable development of regional economies, the double-fixed effect spatial Durbin model was adopted to empirically test the spatial spillover effect of PPP and clarify its industrial heterogeneity. The results show the following. (1) The average input–output efficiency of infrastructure is 0.449, revealing a distribution law of decreasing from east to west and remarkable regional variation. However, a good trend of improvement emerged, reflecting the economic sustainability of infrastructure investment, and PPP has played a positive role in promoting it. (2) PPP has significant and positive economic growth and spatial spillover effects, which can promote regional economic integration, embodying its economic sustainability function. (3) The economic impact of PPP has significant industrial heterogeneity. Transportation PPP can bring greater economic benefits, confirming the vital position of transportation infrastructure in the sustainable development of regional economies. Energy and water PPPs have positive externalities. All of this provides powerful and reliable proof of the realization of sustainable economic development under the regional virtuous circle driven by infrastructure investment through PPP.


2005 ◽  
Vol 36 (1) ◽  
pp. 131-188 ◽  
Author(s):  
ANNETTE LYKKNES ◽  
LISE KVITTINGEN ◽  
ANNE KRISTINE BØØRRESEN

ABSTRACT Ellen Gleditsch (1879-1968) became Norway's first authority of radioactivity and the country's second female professor. After several years in international centers of radiochemistry, Gleditsch returned to Norway, becoming associate professor and later full professor of chemistry. Between 1916 and 1946 Gleditsch tried to establish a laboratory of radiochemistry at the University of Oslo, a career which included network building, grant applications, travels abroad, committee work, research, teaching, supervision, popularization, and war resistance work. Establishing a new field was demanding; only under her student, Alexis Pappas, was her field institutionalized at Oslo. This paper presents Gleditsch's everyday life at the Chemistry Department, with emphasis on her formation of a research and teaching laboratory of radiochemistry. Her main scientific work during this period is presented and discussed, including atomic weight determination of chlorine, age calculations in minerals, the hunt for actinium's ancestor and investigations on 40K.


2014 ◽  
Vol 2014 ◽  
pp. 1-7 ◽  
Author(s):  
Pietro Celi ◽  
Gianfranco Gabai ◽  
Massimo Morgante ◽  
Luigi Gallo

Dairy science is a multidisciplinary area of scientific investigation and Ph.D. students aiming to do research in the field of animal and/or veterinary sciences must be aware of this. Ph.D. students often have vast spectra of research interests, and it is quite challenging to satisfy the expectation of all of them. The aim of this study was to establish an international Ph.D. training program based on research collaboration between the University of Sydney and the University of Padova. The core component of this program was a two-week Postgraduate Summer School in Dairy Science, which was held at the University of Padova, for Ph.D. students of both universities. Therefore, we designed a program that encompassed seminars, workshops, laboratory practical sessions, and farm visits. Participants were surveyed using a written questionnaire. Overall, participants have uniformly praised the Summer School calling it a rewarding and valuable learning experience. The Ph.D. Summer School in Dairy Science provided its participants a positive learning experience, provided them the opportunity to establish an international network, and facilitated the development of transferable skills.


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