Knowledge spillovers between universities and companies of low-density territories

This work aimed to examine and compare the role of three universities, inserted in low-density territories, in the co-creation of knowledge as well as the mechanisms used in its transfer to the business sector. Interviews were conducted with individuals in charge of innovation in the rectories of three Portuguese universities in low-density regions, as well as the heads of these organisations' Industrial Liaison Offices. All three universities have strong links to the business community. This exchange also includes cost-sharing since the vast majority of research carried out in partnerships depends on funding from both National and European Community funds. The relations established between universities and companies are clearly a source of economic development in the regions, as companies lack the human or financial resources to develop innovative solutions. This study contributes to the existing empirical knowledge about how universities in low-density areas promote knowledge spillovers through research projects involving the business community.