Changing a university towards entrepreneurialism: Inspiring transformation in higher education institutions (original) (raw)

Do Universities and Students Need to Be Entrepreneurially Oriented? A Literature Review*

2020

Entrepreneurial orientation is a theoretical concept defined by three dimensions: innovativeness, proactivity and risk-taking. Entrepreneurial orientation researchers suggest that entrepreneurial orientation is a concept that pervades through all organizational levels of the company (Wiklund and Shepherd, 2005; Wales, Monsen and McKelvie, 2011). Although focus of early research on the concept has been oriented on the company level and its influence on profitability, cotemporary research has put much accent both on research of individual entrepreneurial orientation, as well as on research of entrepreneurial orientation of non-profit companies. Having on mind the fact that contemporary university should be an incubator of practical and applicable knowledge, but also being aware of many practical dimensions related to university management, in this paper we will focus on investigating whether there is a rationale for incentives for universities and students to be more entrepreneurially...

Defining the Entrepreneurial University within a Framework of Innovation and Education

Australian Centre for Entrepreneurship Research and Exchange (ACERE) conference, 2016

There is a global movement by academic organisations to adopt strategies designed to transform themselves into entrepreneurial universities (Etzkowitz, 2008). What are the criteria that define a university as being entrepreneurial? Can universities use such criteria as a guide to how they can become more entrepreneurial? It is not always clear from case descriptions which criteria are essential for a university to be considered entrepreneurial. Is it sufficient to meet a small number of essential criteria? Is it sufficient to have entrepreneurial activity in one part of the university or must an entrepreneurial approach permeate all activities? Might an emphasis on entrepreneurial innovation be in conflict with the primary objectives of research and education? Can a range of criteria be used to construct a comprehensive and guiding framework? Is there a danger that the concept of the entrepreneurial university becomes so broadly defined that is becomes ubiquitous and diminished in value? To answer these questions, the criteria from a range of source materials are analysed. Consideration is given to those criteria that might be judged essential to a definition of the entrepreneurial university. A comparison is made with criteria used in corporate entrepreneurship (Morris et al., 2008) so as to further evaluate the concept of entrepreneurial approaches in the context of higher education. Building from the premise of the triple helix (Etzkowitz, 2008), the paper proposes a framework which locates the entrepreneurial university in an “Innovation and Education” framework, whilst incorporating the primary objectives of education and research.

Creating Entrepreneurs through Entrepreneurial Universities

Management, 2015

Traditional universities are more engaged into academics and research activities with less focus on entrepreneurship development. We might find some of the universities have taken initiative for industrial tie ups and commercialization of in-house research outputs; but these efforts are not comprehensive to support full entrepreneurship development in traditional culture of university. Hence an attempt is made to understand and develop the criteria"s or guidelines for creating entrepreneurial universities. There could be many barriers for traditional universities at various levels (Barriers for university management, students, faculties and staff) to become entrepreneurial and lack of proper vision and mission. This paper explains possible entrepreneurial options, barriers need to handle, qualities need to develop, motivations to follow, case as a role model to understand, and the strategies to develop entrepreneurship in university system. A conceptual model is proposed by considering available researches. A practical application of this theoretical concept can be tasted in various country specific environments.

The Entrepreneurial University: from concept to action

THE ENTREPRENEURIAL UNIVERSITY: FROM CONCEPT TO ACTION, 2013

This publication seeks to demonstrate concept, action and impact associated with development of the entrepreneurial university. It is written to familiarise the reader with many of the issues raised and discussed in the Entrepreneurial University Leaders Programme and to share the experiences of some of the past participants.

Unleashing the potential of university entrepreneurship education

New England Journal of Entrepreneurship, 2019

Purpose The purpose of this paper is to highlight the ways in which traditional views of entrepreneurs and entrepreneurship have inadvertently limited entrepreneurship education. The authors propose a broader view of what it means to be an entrepreneur and describe a disruptive approach to entrepreneurship education, one that centers around building students’ entrepreneurial mindset. By tapping into students’ “inner entrepreneur” and nurturing their abilities to think and act creatively, embrace failure, effect change and be resilient, the authors are preparing them for the challenges of the twenty-first century labor market. Design/methodology/approach This is a perspective paper about how the traditional views of entrepreneurship education may be limiting its potential to create entrepreneurial college graduates set to take on twenty-first century careers. Findings Teaching the entrepreneurial mindset and process will allow us, as educators, to best prepare our students for the co...

The Role of Entrepreneurship Education in Higher Education Institutions

E-Journal of Humanities, Arts and Social Sciences

Entrepreneurship education affords people with skills that display the characteristics of risk-taking, being involved in making informed decisions, creativity and innovation. Entrepreneurship education can provide teaching approaches to changing problems into business opportunities to assist the university community in addressing graduate employability. In addition, it can provide post-COVID-19 pandemic solutions to their start-ups or existing businesses. The paper explores the role of entrepreneurship education in Higher Education Institutions by discussing the effective and sustainable teaching methods that can be used in entrepreneurship teaching, employing a qualitative thematic review methodology. The entrepreneurship ecosystem can be key when higher education institutions are engaged in the transformation process of offering entrepreneurship education to their community. This paper explores the following themes: entrepreneurial education needs in entrepreneurial institutions, ...

Becoming entrepreneurial university: Fact or fiction?

In the context of the Entrepreneurial Universities and university third mission we want to examine to what extent university business support activities are becoming part of the day by day of the university as part of their current financial sources or is just a fashionable activity and the university will finally react against them due to cultural, managerial and organisational manners anchored in different principles to those required to turn a university into an entrepreneurial organisation. We analyse the case of the IDEAS Programme at the Polytechnic University of Valencia as a paradigmatic case in Spain and conclude that the process is imposing changes in several university structures that so far have been welcomed and are transforming the institution into a systemic organisation, linking the different activities related to business support at the university. The key result is represented by an increasing evolution in the number of university spin-off and business created with three key periods of time reflecting strategy changes.