A Journal of University-Industry-Government Innovation and Entrepreneurship
Table 2 Analyzing universities’ contribution to the development of regional innovation systems
From: The Role the University Could Play in an Inclusive Regional Innovation System
Key element of regional innovation system | Generative role | Developmental role |
|---|---|---|
Regional agglomeration, or clustering, of industry | • Knowledge capitalization and capital formation projects, centered on firm formation and co-location of new and existing firms near the university | • Entrepreneurial activities, as well as regionally focused teaching and research, not necessarily linked to capital formation projects |
Human capital formation | • Integration of education and knowledge capitalization activities, specifically, firm formation, through teaching incubators • Development of generic, advanced training programs to support firm formation and cross-institutional mobility by organizations and people | • Stronger regional focus on student recruitment and graduate retention • Education programs developed/adapted to meet regional skills needs • Learning processes regionally-informed |
Associative governance | • Driver of regional innovation strategy, centered on knowledge capitalization and capital formation projects; by analyzing strengths and weaknesses and bringing together industry and government to forge innovation strategy | • Shaping regional networking and institutional capacity, through staff participation on external bodies; provision of information and analysis to support decision-making and brokering networking between national and international contacts and key regional actors |
Regional cultural norms | • Tradition of university/industry linkages, involving knowledge capitalization | • Tradition of university/industry linkages, involving knowledge capitalization and other research collaborations |