Universities Profit by Taking the Lead in Knowledge-Based Partnerships
This brief item by Tom Robinson in The Greentree Gazette touches on the growing realization that college and university campuses are major local and regional economic powerhouses . . . and can be even more so if they plan for it:
With their reservoirs of knowledge and intellectual capital, colleges and universities can take the lead in preparing the globally competitive workforce and transforming the economies of their respective regions. However, extending the campus contribution beyond the core academic mission as it is currently perceived, requires a campus to shift from being passive, introspective and often cloistered to being active, entrepreneurial and collaborative.
***“It’s critical that universities and colleges play a role in economic development. They have a wealth of knowledge and innovative ideas, and we need to get them out into the business world,” asserts Delaware State Chamber of Commerce CEO James Wolf. “Having a new president at University of Delaware affords us the opportunity to take a fresh look at business-education partnerships and the synergies that can evolve.”
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