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    University Ecosystems and the Entrepreneurial University

    Curley, Martin and Formica, Piero (2012) University Ecosystems and the Entrepreneurial University. IVI White Paper Series.

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    The role of universities is changing. In the last century, the primary focus areas of universities were education and research with key goals of creating and diffusing information and knowledge. Now, a third and equally important role, expectation and responsibility is emerging – that of value creation. Value in this context refers to both business value and societal value. With increasing scrutiny of funding into the third-level sector, governments and the public alike are expecting more accountability and proof of added value from universities. The use of a University Ecosystem approach can unleash much of the potential energy in universities and transform it into kinetic energy, with graduates not just emerging in a state of readiness to be an employee, but often as highly motivated entrepreneurs with business or social innovation initiatives in flight. An ecosystem can be defined as a network of interdependent organisations or people in a specific environment with partly shared perspectives, resources, aspirations and directions. The ecosystems with the biggest critical mass and the greatest velocity will have the most linear momentum and will ultimately win. This form of new posture equates to what Etzkowitz (2004) and Andersson, Curley and Formica (2010) term the entrepreneurial university.

    Item Type: Article
    Keywords: university; value creation; university ecosystem; entrepreneur; knowledge generation; Innovation Value Institute; Intel; research; collaboration; innovation; experimentation; accretion; the accretive process;
    Academic Unit: Faculty of Social Sciences > Research Institutes > Innovation Value Institute, IVI
    Item ID: 6390
    Depositing User: IVI Editor
    Date Deposited: 22 Sep 2015 16:08
    Journal or Publication Title: IVI White Paper Series
    Refereed: No
      Use Licence: This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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