This paper critically reviews the structure and function of regional knowledge networks and modes of engagement between universities and the business community. It is argued that while networks between universities and the business community are growing, it is often difficult to ascribe improved...

This paper provides evidence of the movement towards a sector-based approach to regional development by the Welsh Development Agency, its effects on economic competitiveness and its role as a focal point for stimulating the development of specialized industrial clusters. The paper concentrates...