ERIC Number: ED355854
Record Type: Non-Journal
Publication Date: 1992-Sep
Reference Count: N/A
The University of Akron and Its Economic Impact on Its Community. A Research Report.
Simmons, F. Bruce, III
This report covers the University of Akron's impact on the income, employment, credit availability, governments, and individuals within the community in which the school is located--Summit County, Ohio. Presented is evidence of the impact, as measured by the American Council on Education economic impact model, of the university on its service area. Results of the study show a reasonable and definable impact of the university as an economic entity. Following chapters on research methodology, purpose, and a description of the geographic area involved, the report examines the school's: (1) economic impact on Summit County business, i.e., business volume, property, credit base expansion, and unrealized business volume; (2) the economic impact on governments in terms of revenue generation, municipal and public school expenses, governmental property, foregone property taxes, and university municipal services; and (3) the economic impact on individuals involving employment, personal income, and durable goods. Also examined is the contribution in terms of productivity of university graduates and the earnings potential which occurs as a consequence of their advanced levels of formal education. The appendix provides a comparison of the University of Akron studies, a history of the University of Akron, a list of data sources, and a summary of higher education economic impact studies. Contains approximately 250 bibliographic references. (GLR)
Publication Type: Reports - General
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: Akron Univ., OH.