The research university, entrepreneurship and regional development: Research propositions and current evidence

Helen Lawton Smith, Sharmistha Bagchi-Sen

Research output: Contribution to journalArticlepeer-review

85 Scopus citations

Abstract

The objective of this paper is to set a framework for examining the conditions under which a research university becomes more than a latent asset [Power, D., and A. Malmberg. 2008. The contribution of universities to innovation and economic development: In what sense a regional problem? Cambridge Journal of Regions, Economy and Society 1, no. 2: 233-46.] in regional economies. The framework is comprised of four propositions used to identify drivers of change, evidence of change and evidence of impact. As an exemplar, we examine the University of Oxford's growing engagement in its local region. This paper shows that the convergence between the interests of the university and the local high-tech economy is particularly associated with broader technological trends and with the University's capacity to draw on national funding programmes designed to stimulate 'third-stream' activities, including entrepreneurship courses and regional networking activities.

Original languageEnglish (US)
Pages (from-to)383-404
Number of pages22
JournalEntrepreneurship and Regional Development
Volume24
Issue number5-6
DOIs
StatePublished - Jun 2012
Externally publishedYes

Keywords

  • Oxford University
  • Oxfordshire
  • regional development
  • research universities

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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