The author examines the history of the development of universities and the activities of technology companies and startup investors, who are the main partners of third-generation universities. He further shows that universities now must perform a new function for themselves: incubating new firms founded on scientific achievements and technological developments, and also playing an active role in finding ways for practical application of the knowledge they create.
The book concludes with recommendations on how changes in the university’s mission should be reflected in corresponding organizational transformations.
This unique book, containing practical advice on developing modern universities and explaining the importance of learning entrepreneurship along this path, can become indispensable for teachers and leaders who seek to bring about changes toward the model of a third-generation university.