Universities and economic development in lagging regions: ‘triple helix’ policy in Wales

Universities and economic development in lagging regions: ‘triple helix’ policy in Wales. Regional Studies. This paper considers the applicability and relevance of triple helix-based policy and theory, in the weaker region context of Wales, where the success of such approaches has been questionable. It calls for a broader appreciation of the roles of universities in weaker regions beyond a narrow ‘third mission’ conceptualization, moving away from a normative application of the triple helix in contexts very different from those in which it was originated. Instead, it supports the broadening of the original theory beyond the three key actors of university, government and business, and an increasing focus on diverse regional settings and spaces.