It is commonly accepted that universities are a source of new knowledge and an important part of innovation systems. Innovation and new knowledge are key drivers for regional economic growth and the economy of knowledge-based societies. Yet, regardless how prosperous universities' research...

The influence of tertiary education on the economic development of a region is a topic of special interest and prevalent object of studies and discussions of regional economists. Universities are frequently referred to as 'creative hubs'. Researching universities are generally expected to be one...