Economic Storytelling, Tourism Improvement Districts and University Partnerships
Journal of Economics, Management and Trade,
Business Improvement Districts (BID), sometimes called Tourism Marketing Districts (TMD) are innovative initiatives that levy assessments as a means of funding what might be traditionally paid for by local government. A recent increase in such organizations internationally may provide universities with an opportunity for a variety of positive benefits including revenue, research, educational improvement, and impactful student experiences. Universities and colleges have a history of partnering with industry, often referred to as University-Industry Partnerships (UIC), as a means for confronting ever-increasing economic challenges and shrinking budgets. Indeed, as funding for public universities continues to decrease, schools and departments within the university are forced to seek alternative revenue streams. The goal of the current study is to provide a conceptual model for understanding and engaging in economic storytelling as the research arm of such organizations. A case study of the partnership between San Diego State University and San Diego’s Tourism Marketing District is assessed against a model of best practices in partnering. Results highlight the value of the model and provide direction for other University-Industry Partnerships (UIC).
- Business Improvement Districts (BIDs)
- Tourism Improvement Districts (TIDs)
- economic storytelling
- University-Industry Collaboration (UIC).
How to Cite
Available:https://urban-regeneration.worldbank.org/node/16 (Retrieved November 15, 2021)
Davies L, Coleman R. Ramchandani, G. Evaluating event economic impact: Rigour versus reality? International Journal of Event and Festival Management. 2013;4.
Rybnicek R, Konigsgruber R. What makes industry–university collaboration succeed? A systematic review of the literature. Journal of Business Economics. 2018;89.
Available:https://link.springer.com/article/10.1007/s11573-018-0916-6 (Retrieved November 14, 2021)
Hoyt L, Gpal-Agge D. The business improvement district model: A balanced review of contemporary debates. Geography Compass. 2007;4(1).
Civitas Advisors. Tourism improvement districts; 2021.
Available:https://civitasadvisors.com/services/tourism-districts/ (Retrieved November 14, 2021)
Philbin S. Process model for university-industry research collaboration. European Journal of Innovation Management. 2008;11(4).
Tartari V, Breschi S. Set them free: Scientists’ evaluations of the benefits and costs of university-industry research collaboration. Industrial and Corporate Change. 2012;21(5) .
Available:http://doi.org/10.1093/icc/dts004 (Retrieved November 11, 2021)
The Hechinger Report. Analysis: Hundreds of colleges and universities show financial warning signs; 2021.
Available:https://hechingerreport.org/analysis-hundreds-of-colleges-and-universities-show-financial-warning-signs/ (Retrieved November 20, 2001).
Bodas Freitas I, Rossi F, Geuna A. Collaboration objectives and the location of the university partner: evidence from the Piedmont region in Italy, Papers in Regional Science, Wiley Blackwell. 2014;93.
Morandi, V. The management of industry-university joint research projects: How do partners coordinate and control R&D activities? The Journal of Technology Transfer. 2013;38(2).
Pertuze J, Calder E, Greitzer E, Lucas W. Best practices for industry-university collaboration. Sloan Management Review. 2010;51(4).
Ankrah S, Al-Tabbaa O. Universities-industry collaboration: A systematic review. Scandinavian Journal of Management. 2015;31(3)
Abstract View: 70 times
PDF Download: 27 times