Universities can play a crucial role in bridging the gap between academic research and its commercialization.
An entrepreneurial university can facilitate the transformation of research outputs into commercial products, services, and patents.
By establishing partnerships and collaborations with industries, an entrepreneurial university can facilitate knowledge exchange, technology transfer, and the development of practical skills among students.
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An entrepreneurial university can provide students with real-world experiences, exposure to industry practices, and access to practitioners through initiatives like the "Professor of Practice" concept.
This helps students acquire relevant skills and prepares them for entrepreneurship and employability.
An entrepreneurial university creates an ecosystem that nurtures innovation, fosters entrepreneurship, and encourages students and faculty to generate and implement new ideas.
It provides resources, mentorship, and support for aspiring entrepreneurs.
The establishment of an entrepreneurial university can contribute to the local and national economy by promoting startup formation, attracting investments, and fostering an entrepreneurial culture.
An entrepreneurial university can promote a mindset of creativity, risk-taking, and problem-solving among students and faculty.
It instills an entrepreneurial spirit that can lead to social and cultural change by encouraging individuals to pursue their ideas and contribute to society.
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