During the last twenty years researchers and policymakers have focused their discourses on the important role that universities play in stimulating the development of regions under the umbrella concept of “knowledge economies”. Universities contribute to the region generating research and consultancy income, embedding knowledge in students and employees, upgrading regional business environments and potentially improving this process of regional value capture. This approach has emphasized the vision of Higher Education Institutions (HEIs) as active drivers of regional economic growth and innovation policy change.
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