The Regional Economic Impact of Overseas Students in the UK: A Case Study of Three Scottish Universities∗

Love, James H.; McNicoll, Iain

doi:10.1080/00343408812331344730

Cited by 17 publications

(7 citation statements)

References 8 publications

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“…Previous international studies have identified a positive effect of university collaboration on the innovative capabilities and performance of SMEs (Bleaney et al, 1992;Love and McNicoll, 1998;Wright et al, 2008). However, as yet no study has examined Turkish SMEs and very little is known about the impact of universities on the innovative focus and performance of SMEs, which is why we examine, among other things, whether or not university collaboration has an impact on the profit growth of SMEs.…”

Section: Innovation and University Collaboration In Turkeymentioning

confidence: 95%

University–Industry Collaboration in Turkish SMEs

Temel¹,

Scholten²,

Akdeniz³

et al. 2013

The International Journal of Entrepreneurship and Innovation

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University–industry collaboration and innovation are popular topics in emerging countries. Although the main premise is that such collaboration and innovation increase firm performance, the empirical evidence is inconclusive. Drawing on a sample of 79 Turkish small and medium-sized enterprises (SMEs), the authors find negative direct effects of innovation-based strategy and university collaboration on the profit growth of firms. However, where there is fierce market competition, they find that an innovation-based strategy increases profit growth and that collaboration with universities needs to exceed a certain level before the benefits are manifested in profit growth. These results contribute to the debate on the role of innovation and university collaboration in the profit growth of SMEs in emerging countries. For managers, the implications are that an innovation-based strategy is important in competitive markets in emerging countries, and that university collaboration needs to be taken more seriously and must involve higher levels of effort and commitment if benefits are to emerge; otherwise, companies may decide against working with universities.

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Section: Innovation and University Collaboration In Turkeymentioning

confidence: 95%

University–Industry Collaboration in Turkish SMEs

Temel¹,

Scholten²,

Akdeniz³

et al. 2013

The International Journal of Entrepreneurship and Innovation

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“…From this perspective, TEIs contribute to the local economy by employing staff and purchasing goods and services for their operations (Hermannsson, Lisenkova, McGregor, & Swales, 2013. Similarly, students are treated as a source of exogenous consumption expenditures in the local economy, somewhat like tourists (Florax, 1992;Hermannsson, McGregor, & Swales, 2018;Love & McNicoll, 1988;Steinacker, 2005). The methodologies used to quantify these impacts in academic research are well established and draw on the principles of national accounting.…”

Section: Literature Review: Regional Economic Development and Tertiarmentioning

confidence: 99%

Will the regional concentration of tertiary education persist? The case of Europe in a period of rising participation

Hermannsson

Scandurra

Graziano

2019

Regional Studies, Regional Science

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The economic impact of tertiary education is important for regional development, and whilst participation rates have increased, it is unclear whether this has benefited regions equally. The paper analyses a panel of European regions to determine how the geography of tertiary education has evolved between 2002 and 2012. The results show a mixed picture. Overall, the system is characterized by path dependency, with the past being the best predictor of the future. There are some signs that the most lagging regions in 2002 are catching up, with some benefiting from recently opened institutions. Meanwhile, the very top-performing regions are breaking away from the rest, showing above-average growth, especially in the case capital regions. This work contributes to the ongoing research on the role of higher education in fostering regional economic development, and the emerging inequalities across European regions.

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“…Estimates of the impact of universities on income and employment have been obtained in previous studies by using either the Keynesian multiplier model (Brownrigg, 1973;Lewis, 1988;Armstrong, 1993;Robson et al, 2002) or input-output analysis (Love & McNicoll, 1988;McNicoll, 1995;Harris, 1997;Kelly et al, 2002). Both methods aim to estimate the knockon, or multiplier, effects of a university on income and employment either on the region in which it is located or on the national economy as a whole.…”

Section: Impact Analysismentioning

confidence: 99%

The Impact of a Business School on Regional Economic Development: a Case Study

Cox

Taylor

2006

Local Economy

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This paper investigates the impact of a major extension to Lancaster University's Management School on the North West regional economy. It differs from earlier university impact studies since the estimated impact is not confined to backward linkage effects but focuses specifically on the forward linkage effects that will occur as a result of greater engagement with firms in the region's SME sector. The paper demonstrates that the expansion of the university sector can have far greater beneficial effects on their regional economies than is indicated by conventional impact studies. Specifically, the provision of business advice to SMEs can be a significant factor in increasing their sales volume.

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The Regional Economic Impact of Overseas Students in the UK: A Case Study of Three Scottish Universities∗

Cited by 17 publications

References 8 publications

University–Industry Collaboration in Turkish SMEs

University–Industry Collaboration in Turkish SMEs

Will the regional concentration of tertiary education persist? The case of Europe in a period of rising participation

The Impact of a Business School on Regional Economic Development: a Case Study

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