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Designing creative spaces for idea generation and start-up experiments -The role of university ecosystems

The role of universities is changing. In the last century the
primary focus of universities was on education and research, with the key
goals of creating and diffusing information and knowledge. A third and
equally important role is now emerging, with its accompanying
expectations and responsibilities – that of value creation.

‘Value’ in this
context refers to both business value and societal value. With tertiary
sector funding coming under increasing scrutiny, governments and the
public alike are demanding more accountability and proof of added value
from universities. A ‘university ecosystem’ approach can unleash much of
the potential energy in universities and transform it into kinetic energy,
with graduates emerging not just in a state of readiness to be employees,
but often as highly motivated entrepreneurs with business or social
innovation initiatives in flight. An ecosystem can be defined in this context
as a network of interdependent organizations or people in a specific
environment with partly shared perspectives, resources, aspirations and
directions. This new form of positioning equates to what Etzkowitz (2004)
and Andersson et al (2010) have called the ‘entrepreneurial university’.

Martin Curley and Piero Formica

Full Story: http://www.innovationamerica.us/images/stories/pdf/curley.pdf

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