The literature on universities' contributions to regional development is broad and diverse. A precise understanding of how regions may draw advantages from various university activities and the role of public policy institutions in promoting such activities is still missing. The aim of this paper is to provide a framework for analysing universities' contributions to regional economic and societal development in differing national contexts and the policy institutions that underpin them. To do this, we review four conceptual models: the entrepreneurial university model, the regional innovation system model, the mode 2 university model, and the engaged university model. The paper demonstrates that these four models emphasise very different activities and outputs by which universities are seen to benefit regional economy and society. It is also shown that these models differ markedly with respect to the policy implications and practice. Analysing some of the public policy imperatives and incentives in the UK, Austria and Sweden the paper highlights that in the UK policies encourage all four university models. In contrast, in Sweden and Austria policy institutions tend to privilege the RIS university model, whilst at the same time there is some evidence for increasing support of the entrepreneurial university model.

The past two decades have witnessed an ever-growing scholarly interest in regional clusters. The focus of research has mainly been on exploring why clusters exist and what characteristics "functioning" clusters possess. Although the interest in more dynamic views on clusters is not new, in recent years, however, greater attention has been paid to providing better explanations of how clusters change and develop over time, giving rise to an increasing popularity of the cluster life-cycle approach. This paper discusses the key ideas and arguments put forward by the main protagonists of this approach and identifies several missing elements, such as indifference to place-specific factors, neglect of multi-scalar impacts and underappreciation of the role of human agency. Based on this critical assessment, a number of suggestions for future research are made. We argue that there is a need to study the influence of the wider regional environment on cluster evolution and to explore how cluster development paths are influenced by a multiplicity of factors and processes at various spatial scales. Finally, it is claimed that future research should pay more attention to the role of human agents and the ways they shape the long-term development of regional clusters. We outline how future studies can tackle these issues.

This paper explores cluster change using the case example of New Media in Vienna. It addresses the question of how cluster elements (such as firms and institutions) interact to shape and transform the thematic and spatial boundaries of clusters as they shift along their developmental stages.Clusters go through different phases underpinned by technical change, renewing and destroying previous cluster specialisations. Creativity is a key feature in modern economies underlying competitiveness in a range of sectors which cluster in urban areas. Sectors such as software and computer services, advertising and market research, printing and reproduction of recorded media, motion pictures, creative arts and entertainment are supported by regional conditions that enable creative processes in local interacting firms, and the translation of ideas into innovative products and services. These perspectives are used to explore the New Media cluster in Vienna based on 25 semi-structured interviews with firms specialising in New Media technology areas.When analysed using a life cycle perspective of clusters, the findings in this paper suggest that cluster thematic boundaries are shaped by change in technological variety via complex processes such as inter-disciplinary problem-solving in projects, re-activation of latent local and global networks, and firm capabilities to respond to rapidly changing client needs in devices, communication and design.

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