This book describes patterns of behavior that collectively allow universities to exchange
knowledge more effectively with industry accelerate innovation and eventually contribute to
economic development. These are based on the effective practices of leading and ambitious
universities around the world that the authors have benchmarked and the personal experiences
of the authors in a number of international institution building projects including those of
MIT.The authors provide guidance that is globally applicable but must be locally adapted. The
approach is first to describe the context in which universities act as engines of economic
development and then present a set of effective practices in four domains: education research
innovation and supporting practices. Each of these domains has three to six practices and
each practice is presented in a similar template with an abstract a rationale and description
key actions and one or two mini-case studies. The practices are summarized by integrative case
studies. The book: Focuses on a globally adaptable set of effective practices complemented by
case studies that can enhance universities' contribution to economic development based on an
integrated view of education research and innovation Presents effective practices and broader
insights that come from real global experience spelled out in templates and explained by cases
Includes tangible resources for university leaders policy makers and funders on how to
proceed.