This paper discusses the importance of knowledge in the global economy and reviews the process in which knowledge is applied to develop innovations. It confirms the importance of innovation as a key factor for success in today's competitive environment. The paper discusses the contributions a university can make to the innovation process in the field of transportation, and offers a vision of how a university center can enhance and facilitate these contributions. It then describes the efforts of one center, including three examples of innovations facilitated by the center in traffic detection, regional planning, and pavement management. The paper concludes with suggestions that would strengthen the societal contributions of university transportation centers. (Author/publisher).
Abstract