Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156763
Authors: 
Zuti, Bence
Lukovics, Miklós
Year of Publication: 
2015
Citation: 
[Conference:] 5th Central European Conference in Regional Science – CERS, 2014
Abstract: 
Nowadays it is more and more important to know that how certain units of regional economy (enterprises, higher education institutions, other units) affect local economy. The economic impact analysis of higher education institutions is more complex than the impact analysis of enterprises, since the complexity of multiple direct and indirect transmissions and effects. The economic effects of higher education institutions (HEIs) are easy to access and easy to systematize using the classification of first, second and third generation universities. The traditional activities of universities have broadened. Beyond the high-quality of education (first generation universities) high-quality research is also necessary (second generation universities), furthermore it is also important that the scientific results should be adapted by the local economy (third generation universities). Generally, there are four substantial problems. First, the definition of impact, second, measuring and estimating first-round expenditures and avoiding double-counting, third, estimating the correct value of the multiplier, fourth, the quantification of third mission activities. The purpose of our study is to reveal the methodology of the quantification of third mission universities regarding the economic impact of universities. We attempt to fully systematize the fundamental challenges of measuring the third mission activities of universities.
Subjects: 
Urban
rural and regional analysis
innovation and invention
regional economic activity
higher education
university
JEL: 
I23
O18
O31
R11
Persistent Identifier of the first edition: 
Document Type: 
Conference Paper

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