It will be argued here that the new configuration of three possible degrees of freedom—markets, governance, and knowledge production—can be modeled in terms of a triple helix of university-industry-government relations (Etzkowitz & Leydesdorff, 1997; Leydesdorff & Etzkowitz, 1998). Governance can be considered as the variable that instantiates and organizes systems in the geographical dimension of the model, while industry is the main carrier of economic production and exchange. Thirdly, academe can play a leading role in the organization of the knowledge production function (Godin & Gingras, 2000).