What Should EDA Fund? Developing a Model for Pre-Assessment of Economic Development Investments

Watts, Brad R.; Erickcek, George A.

doi:10.2139/ssrn.1437676

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2014

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“…These three models are the Carnegie Foundation’s Elective Classification on Community Engagement, the Institutional Self-Assessment Tool developed by the Association of Public and Land-Grant Universities, and the Pascal Universities Regional Engagement Project launched in 2008, based on the work of Charles et al (2009). More recently, an interesting pre-assessment model has been developed for the U.S. Economic Development Administration in Watts et al (2011).…”

Section: Background and Literature Reviewmentioning

confidence: 99%

Staid

Bhadury

Troy

2014

Economic Development Quarterly

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There has been increasing recognition of the role played by higher education institutions (HEIs) in fostering regional economic development. Concurrently, regional economic development strategies have emphasized targeting economic clusters. This underscores the need for a structured operational framework to guide the efforts of a HEI that wishes to engage with a focused economic cluster in its service region with the intention of fostering regional economic growth. We introduce such a framework in this article that is referred to by its acronym STAID (Select, Tailor, Ascertain, Implement, and Disseminate). The exposition of STAID is annotated and illustrated with examples from two community-engaged projects at a public research university in North Carolina that were undertaken with two different regional economic clusters.

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Section: Background and Literature Reviewmentioning

confidence: 99%