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