Globalization, university transformation and economic regeneration
By R. Hagen. 2002
132 citations recorded by the source corpus.
Pressures from globalization and the knowledge‐based economy are transforming the traditional role of universities. Universities are being targeted by policy makers because they are the largest “knowledge‐based” institutions in the regions. They have concluded that universities will aid economic regeneration if they disseminate their knowledge and expertise through industry linked partnerships. The paper argues that this is a rationally driven economic strategic plan which fails to acknowledge that the alliance process is a very high risk strategy at the level of implementation, with reports of as many as two thirds failing. The direct causal link between universities and economic regeneration is contentious. The paper calls for greater understanding of the complex partnership process by drawing on the strategic alliance literature on how to minimize risk. It critically analyses the case of a long established partnership between university‐industry‐government – the teaching company scheme. Important governance issues are identified followed by an analysis of the two stages in the process of partner selection and implementation. The process is promoted as an exemplar to inform the increasing number of public/private sector partnerships.
Subfields: Management of Technology and Innovation, Political Science and International Relations, Safety Research
View Paper: https://www.semanticscholar.org/paper/5756dc6ad7c1faf218d02b615e57d39e5f510886
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In Management of Technology and Innovation
In Political Science and International Relations
In Safety Research
Citations in the corpus
- Success and failure mechanisms of public private partnerships (PPPs) in developing countries. Insights from the Lebanese context (2004, background): “420 partners ( Hagen, 2002 ). Particularly important are the notions of compatibility, which entails identifying complementary strengths and weaknesses and commitment as reflected in the formalized commitment of necessary time energy and resources.”