Creating Entrepreneurial Universities in the UK: Applying Entrepreneurship Theory to Practice

In the modern knowledge economy higher educational institutions are being required to operate more entrepreneurially, commercialising the results of their research and spinning out new, knowledge-based enterprises. Like most large organisations, particularly those operating in the public sector, they are not traditionally suited to this role and often face the same sort of barriers to intrapreneurial activity as their counterparts in the private sector. In this note, the theories of entrepreneurship and intrapreneurship development are used to identify what needs to be done and a case example is provided.