A New Paradigm for Economic Development

Source: David F. Shaffer and David J.Wright, Nelson A. Rockefeller Institute of Government, Higher Education, March 2010

From the press release:
Universities and higher education systems across the country are taking leading roles in their states’ economic development efforts — and a report released today by the Rockefeller Institute of Government says this trend seems likely to strengthen as the nation moves into the era of an “innovation economy.”

The study found that higher education’s increasingly important role builds on, but goes well beyond, the research strengths of universities — incorporating efforts as wide-ranging as job training, business consulting, housing rehabilitation and even securing seed money for new businesses.

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