Towards an Entrepreneurial University
Towards an Entrepreneurial
University
d i n o a r nau t
Master’s Student at the University of Zenica, Bosnia and Herzegovina t h e t r a n s f o r m at i o n of a traditional research university into an entrepreneurial university is a current phenomenon, and the number of such transformations is increasing due to the reduction in the university funding from government sources and the emergence of a competitive market for education and research. If universities do not become agents of innovation, i. e. entrepreneurial universities, they will hamper regional and national development as well as international competitiveness. The University of Zenica is still a teaching university, but creating an entrepreneurial university is vital to achieve sustainable economic growth in this region. The overall goal of this paper is to highlight the importance of an entrepreneurial university and to analyse current characteristics of the University of Zenica.
This paper presents the identification of what is necessary to become an entrepreneurial university and answers the question how to implement transformations in order to become an entrepreneurial university; in addition, it presents the identification of possibilities and obstacles during such a transformation.
i n t ro d u c t i o n
Universities have been struggling with different issues over the past ten years, such as the Bologna process, globalization and internationalization of higher education, rising number of the student population, financial restrictions and the recent financial and economic crisis. The main question for universities today is how to adapt to the dynamic and ever-changing environment.
The potential and real contributions of universities to economic development have long been discussed and much has been written over the past decade about the concept of the entrepreneurial university.
Drawing from the u s and European literature and experience (Clark
2004) it can be argued that
University
d i n o a r nau t
Master’s Student at the University of Zenica, Bosnia and Herzegovina t h e t r a n s f o r m at i o n of a traditional research university into an entrepreneurial university is a current phenomenon, and the number of such transformations is increasing due to the reduction in the university funding from government sources and the emergence of a competitive market for education and research. If universities do not become agents of innovation, i. e. entrepreneurial universities, they will hamper regional and national development as well as international competitiveness. The University of Zenica is still a teaching university, but creating an entrepreneurial university is vital to achieve sustainable economic growth in this region. The overall goal of this paper is to highlight the importance of an entrepreneurial university and to analyse current characteristics of the University of Zenica.
This paper presents the identification of what is necessary to become an entrepreneurial university and answers the question how to implement transformations in order to become an entrepreneurial university; in addition, it presents the identification of possibilities and obstacles during such a transformation.
i n t ro d u c t i o n
Universities have been struggling with different issues over the past ten years, such as the Bologna process, globalization and internationalization of higher education, rising number of the student population, financial restrictions and the recent financial and economic crisis. The main question for universities today is how to adapt to the dynamic and ever-changing environment.
The potential and real contributions of universities to economic development have long been discussed and much has been written over the past decade about the concept of the entrepreneurial university.
Drawing from the u s and European literature and experience (Clark
2004) it can be argued that