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By Sanchai Jaturasitha

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Microsoft tries to provide strong incentives for internal intrapreneurs in order to develop new products based on the insights from internal research. Keynotes 21 Another illustration: In 1979, three European companies – Olympia, Olivetti and Thriumph-Adler – had a three-year lead over their Japanese competitors in electronic typewriter technology. They owned the knowledge and the engineering skills, but they failed to conquer the world market. Some years later, a similar situation arose with video recorders.

15 In each case, the Europeans did not handle the Schumpeter problem effectively. e. ” 4. Academic entrepreneurship and the entrepreneurial university The above arguments lead directly to treating the problem of knowledge (produced or available in the system of science) as a “Schumpeterian” or entrepreneurial one. Entrepreneurs have the unique role of being engines that drive economic and social development. They are change agents, who may destroy the existing order. They are doers, they overcome the knowledge-doing gap, they are putting other agents together, to create something distinctly different.

The entrepreneurial university: five meanings An entrepreneurial university can be conceptualized from various theoretical and practical angles. 18All are relevant and do not exclude each other. (1) Making the university more entrepreneurial in its traditional role as a producer of science, knowledge, skills and qualifications. Universities, unfortunately, are one of the most conservative and tradition-bound organizations in the world. Even making the university entrepreneurial in its traditional function requires innovations of a fundamental nature as transforming lecture or faculty oriented teaching into student or learner oriented teaching.

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