Universities perform best as engines of economic development when they systematically exchange knowledge with their partners in industry and government, according to a new book co-authored by an MIT professor and former university president. At the moment, this “exchange” too often operates like a one-way street, the authors write, with universities sending graduates and research out into the world without considering how they can best contribute to the goals of accelerated innovation, economic growth, and recovery in the face of challenges like the Covid-19 pandemic. “Universities as Engines of Economic…
