Towards an entrepreneurial university

Feb 3rd, 2012
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Ashford University
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Master’s Student at the University of Zenica, Bosnia and Herzegovina the transformation 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.

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Towards an EntrepreneurialUniversityd i n o a r nau tMaster's Student at the University of Zenica, Bosnia and Herzegovina the transformation 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 identi?cation 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 identi?cation of possibilities and obstacles during such a transformation.i n t ro d u c t i o nUniversities have been struggling with di?erent issues over the past ten years, such as the Bologna process, globalization and internationalization of higher education, rising number of the student population, ?nancial re

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