Report Examines Colleges’ Efforts to Revitalize State and Local Economies

Colleges and universities are taking a more robust role in economic development, according to a report by the Nelson A. Rockefeller Institute of Government of the State University of New York, through educating a competitive work force, leveraging research and ideas for economic gain, providing knowledge-based training and services, and working toward community revitalization. The report, “A New Paradigm for Economic Development,” was commissioned by Nancy L. Zimpher, SUNY’s new chancellor, but contains examples of university-based economic development from around the country.