It has been repeatedly shown that universities and public research institutes contribute to local innovation generation and facilitation. The mechanisms behind this contribution are well discussed in the literature. However, detailed empirical examinations are missing. We analyse the impact of...

Historically, universities and institutions of higher learning have gone through three academic revolutions, namely, teaching, research, and innovation. Universities and Higher Educational Institutions (HEIs) in the last two decades have come to occupy an important part in the national...