The Future of the University / EDO Interface: Achieving Shared Goals - Eileen Walker
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Universities and economic development organizations (EDO’s) are frequently working toward common goals—to foster and support regional innovation and economic prosperity. Challenges persist, however, at the university/EDO interface, and it is sometimes difficult to get beyond the challenges to achieve the common goals. The panel will present both the promise and potential pitfalls of EDO and university partnerships, and also paint a vision for the future of these collaborations so vital to economic development.
Transcript of The Future of the University / EDO Interface: Achieving Shared Goals - Eileen Walker
Eileen WalkerChief Executive Officer
Association of University Research Parks
University Research Parks:
Where the Jobs Are
…so exactly what is a
university research park?
a physical place……usually university or lab adjacent
a knowledge-based environment…
a partnership…
Park Partnerships:The Perfect Triangle
University Industry Government
university research parks:
…hubs of the innovation eco-system
Innovation needs investment from both the public and private sectors
innovation begins with education
it’s discovered by research
it grows with private sector collaboration
direct university benefits:startups
internshipsgraduate employmentcorporate partnerships
faculty attraction and retentionand property income
“where tough, time-consuming and
expensive science has a place to happen”*
university research park:
*primary beneficiary: the university
University
Industry GovernmentUniversity Research
Parks
Innovation ecosystem
Driving Regional Innovation
and Growth
Battelle Technology Partnership
University Research Parks Industry Employment
Impact
Total direct employment: 380,000
Total indirect employment: 940,000
and now…
…the new new thing…
“…the ultimate mashup”
-entrepreneurs and educational institutions -start-ups and schools -mixed-use development and medical innovations-bike-sharing and bankable investments
“…what is being mashed up?From Brookings--
—all connected by transit, powered by clean energy, wired for digital technology,
…and fueled by caffeine”
-urban redevelopment-co-working spaces
-accelerators-tech incubators
-lots of buzz
happening at an urban location near you!
“a cool place for app developers to hang out
with one another and code”*
innovation district:
*primary beneficiary: local government?
labs, parks, plazas
anchor institutions
common grounds
Innovation districts take assets and combine them…forming an innovation ecosystem…
University
Industry GovernmentParks
…research parks are the heart the ecosystem—
creating real employment
www.aurp.net
