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Eds, Meds and Urban Revival – In many cities, a big university is becoming the economic engine that a big corporation used to be.
May 19, 2008 /
In an era when technological know-how and innovation have become prime economic drivers, "eds and meds" have become indispensable anchors of urban growth. "In many respects," a report by CEOs for Cities and the Initiative for a Competitive Inner City commented a few years ago, "the bell towers of academic institutions have replaced smokestacks as the drivers of the American urban economy."
May 2008 By ROB GURWITT
Full Story: http://governing.com/articles/0805universities.htm
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Posted in: Regional Economic Development
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