Expediting University Startups: A Step Toward Advancing America’s Prosperity

BY Joseph DeSimone


  • universities are major employers of regions (especially great universities in great cities)
  • universities often have science and technology parks, with business incubators
  • universities often have medical centers and hospitals, or a life science complex
  • university faculty highly prioritize education for their children, and so affiliated high schools and elementary schools are common
  • universities are a microcosm of the city/region they are in
  • the direct and indirect economic impact of universities to regions is growing
  • for example, luxury conference hotels are often near universities, fueled by the university conferences

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