Assessment of the Economic Impact of Universities on Their Local Businesses: the Case of Izmir University of Economics
Öz
Universities are continually challenged to streamline their programs and investments to a progressive society. Both students and local businesses relay on universities to provide individual, social and economic impacts on the community. In this paper, an analysis of universities as a source of financial stability and investment within localities is discussed. As a pinnacle of income generation, universities create employment opportunities; train and re-train workers and can provide other goods and services to the surrounding region. More notable programs include health care provision at teaching hospitals, improved housing and infrastructure, community development and service projects. Government and civic partnerships with universities can harvest positive relations in the locality. While universities provide substantial economic benefits to the surrounding areas, some negative economic practices counteract the investments. Generally, these concerns of economic instability and hindered relations can be diminished by strategic planning and investment optimization. Throughout the compilation of this article, focus is placed on the implementation of favorable economic practices between the Izmir University of Economics and the district of Izmir, Balçova, employing several descriptive statistics and logistic regression model to analyze a detailed survey of 168 local businesses.
Anahtar Kelimeler
Kaynakça
- Armstrong, H.W. (1993) “The Local Income and Employment Impact of Lancester University” Urban Studies, 30 (10): 1653-1688.
- Atik, H. (1999) “Üniversitelerin Yerel Ekonomiye Katkıları: Teori ve Erciyes Üniversitesi Üzerinde Bir Uygulama”, Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 15: 99-110.
- Aydemir, S. (1994) “Karadeniz Teknik Üniversitesi’nin Kent ve Bölge Ekonomisine Doğrudan ve Dolaylı Ekonomik Etkileri”, Bölgesel Kalkınma Sempozyumu, Bildiriler Kitabı, KTÜ: 195-210.
- Bilginoğlu, M.A., Atik, H., Türker, O., Pamuk, Y., Düzgün, R. (2002) “Erciyes Üniversitesi’nin Konya İlinin Ekonomik, Sosyal ve Kültürel Yapısına Etkileri”, Erciyes Üniversitesi Yayınları, 2: 135.
- Bloom, D.E., Hartley, M., & Rosovsky, H. (2006) “Beyond private gain: The Public benefits of higher education,” in J. F. Forest & P.G. Altbach (Eds.), International Handbook of Higher Education, Volume I, 293– 308.
- Booth, G.G., Jarrett, J.E. (1976) “The Identification and Estimation of a University’s Economic Impacts”, Journal of Higher Education, 47(5): 565-576.
- Borland, J., Dawkins, P., Johnson, D., Williams, R. (2000) “Returns to Investment in Higher Education”, The Melbourne Economics of Higher Education Research Program Report No.1, 1: 19.
- Bowen, H. R. (1997) “Investment in Learning: The Individual and Social Value of American Higher Education”, Johns Hopkins University Press, Baltimore.
- Brownrigg, M. (1973) “The Regional Income Multipliers; An Attempt to Complete the Model”, Scottish Journal of Political Economy, 18: 281- 297.
- Cook, E.D. (1970) “Analyzing the Student Contribution to the Economic Base of the Community”, Annals of Regional Science, 4(1): 146-153.
