Strategies for Developing University Innovation Ecosystems

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1. Introduction
Across the US and other developed countries, universities have been fundamental to regional economic vitality. For example, Stanford, UC Berkeley and UC San Francisco have been playing a key role in driving the economic prosperity of the Bay Area (including Silicon Valley). Likewise, MIT, Harvard, Tufts and the Boston area’s other universities have been significantly contributing to that region’s economic vibrancy.
This awareness of the relationship between universities and economies has motivated universities (and their jurisdictional governments) to augment university programs and resources that drive the commercialization of university-developed technologies. These programs and resources encompass: applied research, entrepreneurship education, technology transfer, idea incubators, startup accelerators, new venture competitions, mentor networks, industry collaborations, and venture capital resources. These programs and resources, in aggregate, are referred to as a university innovation ecosystem (UIE).
This paper develops strategies for creating robust UIEs by, (1) analyzing several UIEs; (2) identifying correlations among top ecosystems, (3) positing how those correlations maximize ecosystem performance, and (4) describing a strategic framework for segmenting university ecosystems.

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