The legal, economic, and policy environmentsthat comprise the system of innovation affect university knowledge productionand, consequently, the rate of technological change. These influences onknowledge transfer are identified and discussed. To understand the role of universities in creating and...

Research universities rely heavily on external funding to advance knowledge and generate economic growth. In the US, tens of billions of dollars are spent each year on research and development with the federal government contributing over half of these funds. Yet a decline in relative federal...

The principal argument examined is that entrepreneurs help to form innovative industrial clusters and spark regional competitive advantage. First, a model of the role of entrepreneurs in cluster formation is presented. An illustrative example of the model is then presented in the form of an...