Urban and Regional Prosperity in a Globalised New Economy

Urban and Regional Prosperity in a Globalised New Economy

Edited by Roger Sugden, Rita Hartung Cheng and G. Richard Meadows

There is currently a popular view that the world is undergoing profound changes in the fundamental relationships upon which it is organised. In particular, there is widespread talk of a ‘globalised’ economy, facilitated by and associated with ‘new’ technologies and practices. There is a further consensus that within this ‘globalised’, ‘new’ economy, regionalisation in some form is important. The aim of this volume is to address these topical issues, presenting perspectives from which they can be analysed and exploring specific aspects in greater detail. The contributors provide a framework for understanding current trends, and suggest approaches that highlight appropriate ways forward in the context of both opportunities and dangers. In doing so, they discuss specific cases and explore detailed policy possibilities, including the prospect of stimulating change through multinational engagement and debate.

Chapter 11: Reflection on a university's role in regional economic development

Mark A. Mone

Subjects: urban and regional studies, regional studies, urban studies


11. Reflections on a universityÕs role in regional economic development Mark A. Mone 1. OVERVIEW The purpose of this chapter is to reflect on recent efforts by the University of Wisconsin-Milwaukee to enhance regional economic development in Southeastern Wisconsin. The time frame covered in this narrative parallels approximately the same two years that the LÕinstitute workshops were being convened in Milwaukee, Wisconsin. I first describe efforts leading to the campusÕs significant involvement in a variety of local community and regional initiatives Ð beyond economic development Ð as these set a stage for how and why the campus became involved in regional economic development efforts. Based on the description of this recent set of events and related outcomes, I draw conclusions and offer suggestions that may be relevant to other regions and their economic development initiatives. During the time frame described, I was involved as the universityÕs director of TechStar, a business development project involving five leading academic institutions in South-eastern Wisconsin. This position became an economic development point role for UW-Milwaukee, positioned jointly between and directly for both the Chancellor and the Dean of the Business School. This narrative and my reflections represent my own views as a participant observer; they are not meant to represent the perspectives of the university, faculty, or administration. These views also do not necessarily represent the views of any of the academic institutions, associations, municipalities, or other organisations with which the university was involved. 2. UW-MILWAUKEEÕS HISTORIC ECONOMIC DEVELOPMENT EFFORTS (PRE-1999)...

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