The Role of Colleges and Universities in Regional Transformation: A Model
via scribd.com
The Center for Regional Economic Issues (REI) Summary provides an overview of the important role of universities and colleges to strengthen innovation and enterprise for regional economic transformation.The Center, originally created from a recommendation by the Rand Corporation to advise then Fortune 500 corporate leaders in Northeast Ohio, was first housed at the Cleveland Federal Reserve, Cleveland State University, and then at Case Western Reserve University, Cleveland, Ohio.Ed Morrison, Executive Director, working with Betsey Merkel, Susan Altshuler, Matt Kozink, and Dennis Coughlin as an open team, led the Center from 2003-2005. The report details what was accomplished, the alignment of Center activities with University strategy, and results of working with regional leaders to build networks, social capital, and accelerate transformative initiatives in education, economic, and workforce development.The Institute for Open Economic Networks (I-Open) is the spin off of the Center and continues to develop and deploy new practices in Open Source Economic Development in Northeast Ohio and the world.