“…Some previous studies already dealt with the impact of IUR collaboration on various regions, including European countries [ 23 ], Australia [ 24 ], US, Japan and Korea [ 25 ], and US, Germany, and France [ 26 ], others focused on specific countries like China [ 17 , 27 , 28 ], Turkey [ 29 ], Italy [ 30 ], Brazil [ 18 , 31 ], and the UK [ 32 ]. Previous studies focused on either university–industry collaboration [ 18 , 19 , 31 , [33] , [34] , [35] ], and university-industry-government collaboration [ 11 , 12 , 14 , 15 , [36] , [37] , [38] ] or economic convergence [ 6 , [39] , [40] , [41] , [42] , [43] , [44] , [45] , [46] , [47] ], there are limited studies that have focused on the combined effect of these concepts. Therefore, this study aims to address three research questions: (a) How does IURCI impact the regional economy?…”