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How Universities Promote Economic Growth (Directions in by Shahid Yusuf, Kaoru Nabeshima

By Shahid Yusuf, Kaoru Nabeshima

With the competitiveness of organizations in an open and built-in global setting more and more reliant on technological strength, universities are being requested to tackle a starting to be position in stimulating fiscal progress. past providing schooling, they're now considered as resources of industrially necessary technical abilities, strategies, and entrepreneurship. constructed and constructing international locations alike have made it a concern to gain this strength of universities to spur development, a method that demands coordinated coverage activities. the prestigious individuals to 'How Universities advertise financial progress' examines the wealth of overseas event on efforts to multiply hyperlinks among universities and companies. they give helpful and succinct advice on essentially the most potent coverage measures deployed via nationwide and neighborhood governments, businesses and universities to augment the contribution that tertiary associations could make to fiscal switch.

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Kim, E. Han, Adair Morse, and Luigi Zingales. 2006. ” NBER Working Paper 12245, National Bureau of Economic Research, Cambridge, MA. Kimura, Yui. 1997. ” In Innovation in Japan, ed. Akira Goto and Hiroyuki Odagiri, 121–158. New York: Oxford University Press. Kodama, Fumio, and Jun Suzuki. Forthcoming. ” World Development. Lim, Youngil. 1999. Technology and Productivity: The Korean Way of Learning and Catching Up. Cambridge, MA: MIT Press. Lucas, Robert. 1989. ” Journal of Monetary Economics 22 (1): 3–42.

Where the patenting system functions effectively—that is, where the costs of applying for and maintaining a patent are affordable, turnaround is reasonably fast, and intellectual property rights are given a decent degree of protection by the courts, again at a cost that the bulk of patentees can manage—the incentives to push scientific research toward patentable discoveries that can have a commercial future has increased. Although the Bayh-Dole Act was not responsible for the quickening of innovation, it certainly did stimulate patenting and paved the way to greater commercialization (chapter 10 by Mowery; Sampat 2006).

Cambridge University Press. Sampat, Bhaven N. 2006. S. ” Research Policy 35 (6): 772–89. Santoro, Michael, and Alok Chakrabarti. 2002. ” Research Policy 31 (7): 1163–80. Saxenian, AnnaLee. 2006. The New Argonauts. Cambridge, MA: Harvard University Press. Schwartz, Evan I. 2004. Juice: The Creative Fuel That Drives World-Class Inventors. Cambridge, MA: Harvard Business School Press. Sigurdson, Jon. 2005. Technological Superpower China. Northampton, MA: Edward Elgar. Sutz, Judith. 1997. ” In Universities and the Global Knowledge Economy: A Triple Helix of UniversityIndustry-Government Relations, ed.

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