Economic Development and Higher Education
 Background - 
  - One of the more interesting changes in the last two decades has been the intersection of economic development and higher education.
 
  - Universities are becoming important players in 21st-century  economic development. The Association of Public and Land-grant Universities (representing 238 members) and the University Economic Development Association have helped higher education define its role in economic development and engagement with their local constituencies.
 
  - A framework was created to assist institutions and their partners in identifying economic development contributions and understanding how to connect to a larger vision. 
 
  - Higher education institutions are adding “economic development” leadership positions
 
  - No longer primarily focused on areas of workforce development and innovation.
 
  - Colleges and universities often have large real estate holdings.
 
  - Even communities that do not have a local institution can partner with and benefit from regional entities. 
These two organizations came up with a definition of economic development for higher ed that highlights three key areas:
  - Talent – Cradle-to-Grave Human Capital and Talent Development
 
  - Innovation – Research, Creative Works, Problem-Solving, and Entrepreneurship
 
  - Place – Community-Connected Institutions and Stewardship for Vibrant Communities