The Fountain of Knowledge: The Role of Universities in Economic Development

The Fountain of Knowledge analyzes two world-renowned universities, their investment in technology commercialization, and the outcome of this contribution in their local economies. This book has three main arguments. First, the way in which a university goes about improving its technology-transfer capability matters. Conducting a focused and thoughtful comprehensive change that includes all sections of the university will improve commercialization. Second, by choosing a particular path of change, the university also changes its role and its ability to contribute to the region. Third, not all changes will positively affect the local economy.