Journal of Finance and Economics

Journal of Finance and Economics

ISSN: 2291-4951 (Print)    ISSN: 2291-496X (Online)

Volume 8 (2018), No. 1, Pages 24-34

DOI: 10.12735/jfe.v8n1p24

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A Dynamically Engaged University, Knowledge Spillovers, and the Local Economy

Bert Smoluk1 

1School of Business, University of Southern Maine, Portland, Maine, USA


To Cite this Article     Article Views: 548     Downloads: 405  Since deposited on 2018-03-04


An engaged university is deeply embedded in its local community, entwined in various economic, social, and professional networks over which creative and innovative ideas circulate. In keeping with its core mission of education, an engaged university can leverage these networks by implementing a research agenda designed to gain a better understanding of the propagation and exchange of ideas over the networks in which it operates. We refer to a university that has adopted such an agenda as a dynamically engaged university. Guided by a strategic plan that recognizes and supports the study of networks, a dynamically engaged university is then positioned to effectively differentiate itself from online education, local community colleges, and less community-oriented universities. By promoting education focused on networks, the dynamically engaged university spurs local economic growth in ways not previously explored.

JEL Classifications: D85, O14, O31, O35, R11

Keywords: local networking, engaged university, knowledge spillovers

To Cite this Article: Smoluk, B. (2018). A dynamically engaged university, knowledge spillovers, and the local economy. Journal of Finance and Economics, 8(1), 24-34.

Copyright © Bert Smoluk

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This article is published under license to Science and Education Centre of North America. This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International License.

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A Dynamically Engaged University, Knowledge Spillovers, and the Local Economy