Creating Economic Superclusters - Powerful Urban Universities are Reshaping Metropolitan Culture and Character
According to the authors, universities today are top-tier players in the creation of “economic superclusters” that bring together the resources of major medical institutions, corporate research and development, the government (often in the form of funding from the National Institutes of Health [NIH]), and venture capital. The emergence of this model has moved schools—especially those with urban campuses—to the front and center in discussions of regional and local economic development and its corollary in infrastructure development.
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http://www.matr.net/print-12503.html