Innovation, Clusters and Universities

In response to the Great Depression of the 1930s, economically depressed jurisdictions used an approach, termed as “smokestack chasing”.  Regional governments recruited industrial firms to enhance job creation by providing them with tax incentives, land use privileges and loans. Society was transformed. From being primarily agricultural, many regions quickly reorganized into manufacturing and resource extraction economies. … More Innovation, Clusters and Universities

Why we do research in universities

It is true that undergraduates pay (almost) everyone’s salaries in research universities. Critics contend that as a consequence the research done in universities drives up undergraduate tuition. Their argument is that the more researchers there are in a university the more undergraduates will be asked to pay for their remuneration and support. However, although pertinent to U.S. universities, a 1997 … More Why we do research in universities