Why did Executives of Local Companies Enter Graduate School of Local University

In 2008, 7 executives of local companies entered the Graduate School of Medicine of Mie University. They were young executives or backbone executives who succeeded to the business and were thinking of doing a new trial in their succeeded business. At the first stage of our challenge, each executive brought their own problems in research and development to University and discussed their own possible technical solution with a professor who supervises them. This individual approach was effective but not enough for their expected hopes as the reward of time and efforts which they spend at University. We then tried the other approach to satisfy their purpose of entering a University. Since their wish was to find out the own way in their succeeded business, we started the cross discussion meeting in which all executive students and other graduate students participated. We indicated the activity, which executives bring both of the problems regarding management and R&D of their company and discuss these matters with other executive student and professors in a University, is effective for the foothold which works out a management strategy for the executive. In this reports, we discuss a possible activity which will be effective for regional innovative from a local University. Keywords— regional innovation, local based company,