Engines of Innovation: The Entrepreneurial University in the Twenty-First Century

By Holden Thorp; Buck Goldstein | Go to book overview

3
Enterprise Creation

Enter the office of a university president and you see the portrait of the founder, perhaps a framed degree, sports mementos, and some photographs of the current occupant with a Nobel Prize winner or U.S. president. In addition to a large desk and a flat-screen computer terminal, there are several comfortable sofas covered in the school colors with drapes to match. The walls are lined with bookshelves filled with enticing titles from a variety of disciplines, and everything is arranged neatly, including the files on the mahogany desk. No matter how many of these offices you enter or how hard you search, you will be hard pressed to find a Lucite cube commemorating an initial public offering or a framed agreement for the licensing of university technology. Buildings are not named for university presidents based on the number of companies created during their tenures, and presidents are not remembered for the amount of licensing revenue generated during their years in office. Enterprise creation is seldom viewed as central to the mission of a research university. However, we believe enterprise creation is increasingly important both as an independent activity and as an indicator of the impact of a university on its region, the country, and the world. If a university is effectively attacking the world’s biggest problems, then enterprises of all kinds will inevitably be a by-product of the effort.

A better place to look for the Lucite cubes and framed licenses celebrating commercial success is the technology

-38-

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Engines of Innovation: The Entrepreneurial University in the Twenty-First Century
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Introduction 1
  • 1 - The Enterpreneurial Opportunity 9
  • 2 - Enterpreneurial Science 22
  • 3 - Enterprise Creation 38
  • 4 - Social Entrepreneurship 53
  • 5 - Multidisciplinary Centers 68
  • 6 - Leadership 85
  • 7 - Academic Roles 97
  • 8 - Culture and Structure 106
  • 9 - Teaching Entrepreneurship 118
  • 10 - Accountability 133
  • 11 - The New Donors and University Development 141
  • Conclusion 151
  • Notes 155
  • Acknowledgments 161
  • Index 163
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