Guerrero, Maribel, Urbano, David and Cunningham, James (2016) The economic impact of public universities in the United Kingdom. In: Academic Entrepreneurship: Translating Discoveries to the Marketplace. Johns Hopkins University series on entrepreneurship . Edward Elgar Publishing, Cheltenham, pp. 206-217. ISBN 9781785363436, 9781785363443
Full text not available from this repository. (Request a copy)Abstract
Given the complexity of university functions, previous studies have evidenced the economic impact of university teaching, research or entrepreneurial activities by adopting different theoretical approaches and methodologies. However, the natural role of universities in economic development is less well understood than is often presumed. According to the microeconomic foundation of endogenous economic theory, the objective of this exploratory study is to contribute to a better understanding of the regional economic impact of entrepreneurial universities’ activities (teaching, research and entrepreneurial). Our proposed model was tested with a two-stage least square regression weighted by regions using data of 147 UK public universities located in 74 of the 139 NUTS-3 regions of the country. We found the measure of teaching is strongly correlated with economic development, while the correlation between research and entrepreneurship measures is much weaker.
| Item Type: | Book Section |
|---|---|
| Subjects: | L100 Economics N100 Business studies |
| Department: | Faculties > Business and Law > Newcastle Business School |
| Related URLs: | |
| Depositing User: | Dr Maribel Guerrero |
| Date Deposited: | 19 Dec 2016 12:06 |
| Last Modified: | 15 Oct 2020 12:22 |
| URI: | http://nrl.northumbria.ac.uk/id/eprint/28931 |
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