The contribution of universities to regional development

Abstract

It is neccessary for the Regional Universities (RU) to strengthen their regional role. The reason behind such trend is the increased economic and regional differences between regions which applies also to Latvia. The aim of this research is to define the contribution of the RU to the regional development. The research included analysis of scientific sources, correlation and analysis of variance. It was determined that there is a positive correlation 0.979 between the number of students of RU and corresponding regional Gross domestic product (GDP) per capita; thus the RU have a positive impact on the regional development while other drawbacks and problems exist.