University Economic Impact Metrics
Category: R&D, innovation, commercialization; business creation & development
Overview: The Association of Public and Land-grant Universities (APLU) is a research advocacy organization of public research universities, land-grant institutions, and state university systems with member campuses in 50 states and the District of Columbia. APLU’s Commission on Innovation, Competitiveness and Economic Prosperity (CICEP) is developing a set of metrics that universities can use to describe their contributions to regional economies. The initiative’s goal is to create a resource for universities to better measure and describe their multi-faceted contributions to innovation and economic growth.
Unit of Analysis: Universities
Coverage: Members of APLU initially. APLU also will promote the adoption of the metrics by other universities.
Size: At present, 35 academic institutions participate in the CICEP Metrics pilot. In fall 2012, APLU will encourage all 218 member institutions to adopt the metrics.
Form: To be determined
Key Data Elements (under development):
|Relationship with industry||Developing the regional and national workforce||Knowledge incubation & acceleration programs|
Data Collection Methods: Institutions primarily collect data from internal files, surveys of students and alumni, and state employment records.
Access: Through individual institutions. APLU is likely to make data available, but the means and level of aggregation has not been determined.
Potential Uses for Regional Analysis: Assessing individual university’s economic contributions to a region; comparing economic roles of universities in various regions; developing a typology of universities by type of contribution and determining the implications for university policy and programs
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