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Entrepreneurship and Higher Education

image of Entrepreneurship and Higher Education
Stimulating innovative and growth-oriented entrepreneurship is a key economic and societal challenge to which universities and colleges have much to contribute. This book examines the role that higher education institutions are currently playing through teaching entrepreneurship and transferring knowledge and innovation to enterprises and discusses how they should develop this role in the future. The key issues, approaches and trends are analysed and compared across a range of countries, from the experiences of the most entrepreneurial universities in North America to advanced European models and emerging practices in Central and Eastern Europe.

It is clear that entrepreneurship engagement is a rapidly expanding and evolving aspect of higher education that requires proper support and development. The book stresses the need to expand existing entrepreneurship efforts and introduce more creative and effective approaches, building on the best practices highlighted from around the world. It will provide inspiration for those in higher education seeking to expand and improve their entrepreneurship teaching and knowledge-transfer activities, and for policy makers who wish to provide appropriate support initiatives and frameworks.

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Technology Commercialisation and Universities in Canada

This chapter describes the institutional arrangements and policy structure of the Canadian university sector as they relate to transferring technology to industry and promoting entrepreneurship among students and the community. In addition to teaching and research, Canadian universities are increasingly expected to be agents of economic development and to commercialise the outcomes of research. Universities experience tension in trying to fulfil this expectation. They are keen to diversify revenue, but debate the fit of commercialisation with their mandate. Further, traditional systems of collegial governance and tenure-based incentives can inhibit commercialisation. The University of Waterloo’s successful record of spinning out companies and interacting closely with its community serves as an example of good practice. There is increased interest in entrepreneurship-related courses, and substantial growth in the number and diversity of offerings. The Master of Business, Entrepreneurship and Technology programme introduced by the University of Waterloo serves as an example. Finally, the policy implications of the Canadian experience are discussed. 

English

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