Adopting an entrepreneurial approach in universities

Grigg T. (1994) Adopting an entrepreneurial approach in universities. Journal of Engineering and Technology Management, 11 3-4: 273-298. doi:10.1016/0923-4748(94)90013-2


Author Grigg T.
Title Adopting an entrepreneurial approach in universities
Journal name Journal of Engineering and Technology Management   Check publisher's open access policy
ISSN 0923-4748
Publication date 1994-01-01
Sub-type Article (original research)
DOI 10.1016/0923-4748(94)90013-2
Volume 11
Issue 3-4
Start page 273
End page 298
Total pages 26
Subject 1402 Applied Economics
1403 Econometrics
1405 Management of Technology and Innovation
1408 Strategy and Management
1802 Maori Law
Abstract Universities have an intellectual and social purpose. Their role is to foster creativity and responsiveness to change. Creativity is required for there to be innovation, where innovation is the commercialisation of ideas and change to existing systems, products and services in more than a marginal or incremental manner. The real test of an innovation lies in its success in the market place. Innovation is a specific function of entrepreneurship. Entrepreneurial organisations value and nurture innovation because this is the key to ensuring adaptability. Therefore, it is argued that universities need to adopt an entrepreneurial approach if they are to fulfill their mission and role in society. The paper outlines the principal features of the organisational innovations required of universities and the implications of adopting an entrepreneurial approach for university leadership and governance. Some examples of the strategic options for innovation in teaching and research are described.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import - Archived
 
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Created: Tue, 30 Aug 2016, 11:57:27 EST by System User