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

BY Joseph DeSimone

http://www.kauffman.org/Expediting-University-Startups-A-Step-Toward-Advancing-America%E2%80%99s-Prosperity.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_08_2010

  • 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