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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
  1. Source: Gunasekara (2006)