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The Role of Universities in Building Local Economic Capacities
Journal article   Peer reviewed

The Role of Universities in Building Local Economic Capacities

Michael Taylor, P Plummer, J R Bryson and Steven Garlick
Politics & Policy, Vol.36(2), pp.216-231
2008
DOI: https://doi.org/10.1111/j.1747-1346.2008.00102.x
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https://doi.org/10.1111/j.1747-1346.2008.00102.xView
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Abstract

universities knowledge economy
As the knowledge economy develops and intensifies, increasing pressure is being placed on universities to help in local economic capacity building to meet the challenges of globalization. This article explores this expanded university role from the perspective of the provision of policy analysis and advice they can provide. It proposes the use of mixed-methods analysis, combining informed empirical modeling and "intensive" case studies to reveal local economic processes. An analysis of Australia's regional problems to exemplify this approach highlights the significance of "enterprising human capital" in promoting regional economic growth and suggests a policy prescription that includes enterprising education. In contradistinction, using U.K. evidence, the pitfalls of entrepreneurship education are outlined as it relates to the role of universities in local economic capacity building. The study calls for dialogue to bring about radical rethinking of policy analysis, advice, and the role universities can play in local economic capacity building.

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