From: Engaging Universities in Regional Economic Development
In recent years, numerous regions have been working to engage colleges and universities in support of local economic development efforts. Building these partnerships has often proved to be challenging, and a new report seeks to offer guidelines on how to improve the process. The Council on Competitiveness study, “Cooperate,” was prepared for the US Department of Labor’s WIRED (Workforce Innovation in Regional Economic Development) program. It includes a series of recommendations for how university leaders, business executives and economic developers can build strong long-term partnerships in support of regional transformation.