Strategic pathways for entrepreneurial-intended universities: Insights from global best practices
Entrepreneurial university strategies
DOI:
https://doi.org/10.59051/qet2wt44Keywords:
Entrepreneurial university; rural economy;, strategic transformation;, research enterprising; entrenpreeurship educationAbstract
Purpose: In the past decade, numerous higher education institutions worldwide have embarked on a strategic transformation towards becoming entrepreneurial hubs with the potential to significantly reshape economic landscapes. Despite this shift, the specific determinants and pathways of this transformation remain inadequately explored and empirically unvalidated. This study undertakes a comprehensive systematic review of global literature on established entrepreneurial university models, identifying key indicators critical for advancing entrepreneurial agendas within academic institutions.
Method: These indicators were further subjected to empirical validation through a quantitative methodology, utilizing data from a randomly selected sample (n = 520) assessed via a 5-point Likert scale questionnaire. Ordinal regression analysis was employed to examine the predictive influence of the identified variables on entrepreneurial transformation.
Findings: Results indicated that all three indicators—entrepreneurial support, entrepreneurship education, and research enterprise—were statistically significant predictors at the p = 0.00 level. Entrepreneurial support demonstrated the highest predictive strength, followed by entrepreneurship education, while research enterprising exhibited the least influence.
Originality / relevance: These findings emphasize the need for stakeholders to channel investments towards areas of high predictive potential to accelerate the entrepreneurial transformation of universities. Future research should focus on context-specific and regionally adaptive indicators to further refine strategies and ensure alignment with the unique institutional characteristics, ultimately enabling more effective policy formulation and implementation in the entrepreneurial academic landscape.
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