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date: 14 November 2019

Abstract and Keywords

The purpose of this chapter is to identify and analyze the role that universities and public research institutions play in influencing local competitiveness and regional development by knowledge spillovers. The chapter analyzes how human capital and knowledge spillovers shape regional competitiveness and sketch the literature analyzing the roots of regional development. The contribution that universities make in providing technology and innovation to enhancing the competitiveness of regions is analyzed within the German and European contexts. Specific conduits facilitating the transfer of technology and knowledge spillovers from universities and their impacts on regional performance are identified. The chapter concludes that globalization today, with its increasing dynamic in the interrelations of markets, and cultural and social life and decreasing costs of communication and mobility, reshapes the landscape again and increases the importance of universities for regional competitiveness.

Keywords: university, local competitiveness, regional development, regional performance, innovation, Germany, entrepreneurship, technology, globalization, knowledge spillover

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