Initative for a Competitive Inner City: The National Business School Network
Abstract
Many graduate business schools are located in economically distressed urban areas or inner cities' that have a pressing need for economic and business development. The economic health of these communities is not only of general importance to the metropolitan area, but often directly affects the atmosphere and appearance of the immediate areas surrounding a school's campus. Despite these circumstances, few schools have taken a prominent or even significant role in inner-city economic development.
There are two reasons for urban graduate business schools to become involved in their surrounding communities and both make a great deal of sense. First, they have a responsibility to their community, and second, by engaging with their community in economic development activities they can provide their students with rich and rewarding academic and business experiences. Taking on a central role in their surrounding neighborhoods can be translated into impactful and positive outcomes such as a richer curriculum for its students and faculty as well as a healthier business climate.
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