Regions and Universities Together Can Foster a Creative Economy

In recent years, many people have wanted to make the research university more relevant to business and the economy. Advocates of a greater economic role believe that the university's most important contributions are the transfer of research to industry, the production of commercial inventions and patents, and the creation and spinoff of start-up companies.

A growing number of universities have bought into that approach — it makes their work more economically relevant, builds

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