Building a knowledge-based strategy in Buffalo

Sunday, September 11, 2005

Increasingly, civic leaders are coming to understand that colleges and universities provide the major assets for competing in a knowledge-based economy.

Any region with colleges and universities has a continuous stream of brainpower. The challenge involves finding ways to connect this brainpower through the regional economy.

(A recent report by the Kauffman Foundaation indicates that university-based researchis not being applied to generate innovations. The Foundation will be conducting a workshop later this month to explore these issues more completely. Read more.)

There is no single approach to build these networks. In some cases, incubators provide a useful start. In both Pennsylvania and Michigan, the state government is promoting innovation zones around the colleges and universities. A variety of other networks can prove effective. (See, for example, the Michigan University Commercialization Iniattive. Learn more.)

Here's a good article that explores how the University of Buffalo is adapting itself to these new realities. Read more.

posted by Ed Morrison |

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