The University and the Economy
Show Less

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.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 7: The governance and spatial dynamics of university–industry knowledge transfer

Federica Rossi, Aldo Geuna, Isabel Maria Bodas Freitas, Federico Caviggioli, Paolo Cechelli and Marco Riva


A firm’s opportunity to access significant economic knowledge through partnerships with external sources, including universities, is increasingly seen as a source of competitive advantage. From a regional economics perspective, it is believed that when firms and universities located in the same region can share knowledge and add this to their respective innovative activities, this stimulates collective processes of learning and enhances the development of ‘regional capabilities’. These are seen as sources of competitive advantage for all regional actors, promoting processes of economic development. There is already an ample literature examining factors that stimulate partnerships between universities and firms (in part described in Chapter 4). The focus of the majority of these studies is the features of individual firms, such as, in order of importance: size, research and development (R & D) expenditure, investments, receptivity to external knowledge, geographical distance from universities, industrial sector, technology specialization and group membership.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.