The impact of a research-led entrepreneurial University on a regional economy: Swansea University's science and innovation campus

Abstract

Knowledge is the most powerful single element in society. Following the development in recent years of a hyper-competitive global-driven economy, it has become evident that the core competency of a nation is its capacity for continuous innovation. This chapter considers the Swansea University Science and Innovation Campus as a leading project in Wales supporting an Entrepreneurial Learning City Region. It is an example of a research-intensive university with world-class credentials promoting a research and teaching infrastructure to underpin the skills and expertise of a regional workforce. This is part of a policy promoted by the Welsh Government and the European Commission to enable Wales to compete successfully in global markets. This project is one of the leading Knowledge Economy Projects in the UK and is the best example in Wales of university-industry- government partnership-the triple helix model for innovation.