Universities are commonly seen as partners in innovation development. Research by Howels, Ramlogan, and Cheng (2012) suggests that most traditional universities have a natural divide with businesses. These universities do contribute to the fundamental foundations of innovation by training and retaining new talent within local economies but are not often seen as partners in innovation. Brestow, et. al. (2011) found that universities are known to develop local human capital, attract, develop and retain graduates. This affords businesses an opportunity to gain knowledge transfer by hiring recent graduates that have update theoretical skills with greater capacity to use technology. The transfer is indirect and not well connected. Universities often seek to measure their success in fostering business development. Links are considered informal. They ignore the concept that both formal and informal links contribute to innovation development. The ability to measure these informal li
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