TY - JOUR
T1 - Leveraging a Research University for New Economy Capacity Building in a Rural Industrial Region
AU - Trauth, Eileen M.
AU - DiRaimo, Michael
AU - Hoover, M. Richard
AU - Hallacher, Paul
N1 - Funding Information:
An interdisciplinary team at The Pennsylvania State University (Penn State) received funding from the National Science Foundation (NSF) to develop a model of university–industry engagement that would leverage university resources to address three particular needs identified in the Brookings reports:
Funding Information:
There was a clear consensus among task group members that university research could be more effectively leveraged for industrial competitiveness and growth if industry were given a greater role in shaping university research agendas. Most federally funded programs for collaborative university–industry research are described as “supply side,” in that proposals are developed by universities and are chosen for funding based primarily on contributions to science and engineering. The task groups broadly agreed that there is a need for more federal support for “demand-side” programs that are focused on market-related technology needs of industry. The group proposed that the NSF Engineering Research Centers program, which has traditionally focused on demand-side projects, should be greatly expanded and more industry engagement at every stage should be encouraged. An emphasis on small firm participation in Engineering Research Centers was also strongly supported.
Publisher Copyright:
© 2015, © The Author(s) 2015.
PY - 2015/8/16
Y1 - 2015/8/16
N2 - The Pennsylvania State University received funding from the National Science Foundation to develop a model of university–industry engagement that would leverage university resources to address the challenges facing Pennsylvania in its transition to the new economy that is defined by innovation, knowledge, and continuous learning. Influenced by two reports about Pennsylvania by the Brookings Institution in the early 2000s, the resulting university–industry model contains three components. First, it leverages university research to support industrial competitiveness in the region. This includes both technology transfer and helping firms to develop greater capacity for competitiveness in the new economy. Second, it leverages university research to promote innovation and entrepreneurship. Finally, it leverages the land grant university’s education mission to develop and retain a new economy workforce. Thus, the university goes beyond educating its youth; it also creates linkages between the educated workforce and the needs of companies.
AB - The Pennsylvania State University received funding from the National Science Foundation to develop a model of university–industry engagement that would leverage university resources to address the challenges facing Pennsylvania in its transition to the new economy that is defined by innovation, knowledge, and continuous learning. Influenced by two reports about Pennsylvania by the Brookings Institution in the early 2000s, the resulting university–industry model contains three components. First, it leverages university research to support industrial competitiveness in the region. This includes both technology transfer and helping firms to develop greater capacity for competitiveness in the new economy. Second, it leverages university research to promote innovation and entrepreneurship. Finally, it leverages the land grant university’s education mission to develop and retain a new economy workforce. Thus, the university goes beyond educating its youth; it also creates linkages between the educated workforce and the needs of companies.
UR - http://www.scopus.com/inward/record.url?scp=84937038277&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84937038277&partnerID=8YFLogxK
U2 - 10.1177/0891242415581053
DO - 10.1177/0891242415581053
M3 - Article
AN - SCOPUS:84937038277
SN - 0891-2424
VL - 29
SP - 229
EP - 244
JO - Economic Development Quarterly
JF - Economic Development Quarterly
IS - 3
ER -
