The University and the Economy

The University and the Economy

Pathways to Growth and Economic Development

Aldo Geuna and Federica Rossi

This book provides readers with an in-depth understanding of the many ways in which universities contribute to economic development and growth. It demonstrates the causal interactions between universities’ activities and economic outcomes, and presents up-to-date quantitative and qualitative data in support. The authors present the theoretical tools and evidence to explain the manner and degree to which universities’ activities impact the economy, as well as analysing the comparative strengths and weaknesses of specific university systems.

Chapter 8: Conclusions: governance and funding models for universities in transition

Aldo Geuna and Federica Rossi

Subjects: business and management, management and universities, economics and finance, economics of education, economics of innovation, education, management and universities, innovation and technology, economics of innovation

Extract

The final chapter of this book has three main purposes. Firstly, in section 8.1, we discuss the main findings presented in the book, providing an overview of the key topics discussed. Section 8.2 presents some open issues relevant to the organization of a university system that is suitable to the current dynamic and globalized socio-economic environment, and in section 8.3 we focus on the governance and funding for European universities, putting forward a few policy suggestions.

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