What Works? Regional Effects of Universities

Nicolas Bunde, Nina Czernich, Oliver Falck and Gabriel Felbermayr

EconPol Forum, 2022, vol. 23, issue 05, 48-55

Abstract: Universities exert a positive impact on the development of a region They increase employment in high-tech and knowledge- intensive industries and raise long-term wages Research results from universities are the basis for technological progress, new products, and start-ups Framework conditions and institutional characteristics play an important role for such effects Innovation ecosystems grow over years and decades. Therefore, higher-education policy must be long-term

Date: 2022
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