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

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  • Helen Lawton Smith
  • Sharmistha Bagchi-Sen

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.

Suggested Citation

  • Helen Lawton Smith & Sharmistha Bagchi-Sen, 2012. "The research university, entrepreneurship and regional development: Research propositions and current evidence," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 24(5-6), pages 383-404, June.
    • Handle: RePEc:taf:entreg:v:24:y:2012:i:5-6:p:383-404
    DOI: 10.1080/08985626.2011.592547
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    References listed on IDEAS

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    1. Daniel Felsenstein & Ronald McQuaid & Philip McCann & Daniel Shefer (ed.), 2001. "Public Investment and Regional Economic Development," Books, Edward Elgar Publishing, number 2440, March.
    2. Slavo Radosevic, 2007. "National Systems of Innovation and Entrepreneurship: In Search of a Missing Link," UCL SSEES Economics and Business working paper series 73, UCL School of Slavonic and East European Studies (SSEES).
    3. Attila Varga (ed.), 2009. "Universities, Knowledge Transfer and Regional Development," Books, Edward Elgar Publishing, number 4250, March.
    4. Peter Arbo & Paul Benneworth, 2007. "Understanding the Regional Contribution of Higher Education Institutions: A Literature Review," OECD Education Working Papers 9, OECD Publishing.
    5. Donald S. Siegel & Mike Wright & Andy Lockett, 2007. "The rise of entrepreneurial activity at universities: organizational and societal implications," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(4), pages 489-504, August.
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