Abstract
This paper identifies the theoretical issues for universities to take on the role of creating value in local areas and building business ecosystems, and indicates the conditions under which they can be built. Universities are positioned as actors with weak ties. The conditions are, first, that universities share the issues of companies and local governments, and, further, that they must implement educational programs that foster the ability to identify and solve those issues. Second, universities must design value (profits) to solve the issues of local areas and companies. This involves building a system that encourages active support from students by consulting with universities about the issues of local areas and companies. This will lead to the development of human resources who can solve local problems.