Universities are becoming a vital part of national and international economies.
That involvement has taken three forms.
First, there is the general hum of industrial-research contracts. Universities have carried out research for firms for so many years that this activity has simply become business as usual.
Second, there is the generation of spin-off companies, licenses, and patents. This is the kind of involvement which preoccupied universities in the 1990s and 2000s.
To read the full, original article click on this link: The New Industrial Connectivity - WorldWise - The Chronicle of Higher Education
Author: Nigel Thrift