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Discussing the Role of Universities in Fostering Regional Entrepreneurial Ecosystems

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  • Dimitrios G. Ierapetritis

    (Department of Economic and Regional Development, School of Economy and Public Administration, Panteion University of Social and Political Sciences, 136, Syggrou Ave., 17671 Athens, Greece)

Abstract

Over the past two decades, various policies have been implemented on an international and national level to support regional competitiveness, in which Universities are often called on to play a crucial role. Taking into account their contribution to the combined performance of education, the advanced research and the networking of knowledge, Universities are recognized as knowledge-intensive institutions and environments that foster human capital development, innovation and entrepreneurship. According to the current practice, Universities include in their mission not only a generalized transfer of know-how, but also the promotion of business thinking and entrepreneurial culture, the establishment of institutions, actions as well as the creation of venture capital, thus contributing further to the promotion of regional entrepreneurial ecosystems. By examining the entrepreneurship development in teaching and learning through the various actions of the Innovation and Entrepreneurship Units of the Greek Universities between 2011 and 2015, the present article aims at assessing the contribution of the Greek Universities to the fostering of regional entrepreneurial ecosystems, making a comparative evaluation of them and strengthening the role of the Greek Universities in regional entrepreneurial ecosystems. Firstly, the theoretical approaches of regional entrepreneurial ecosystems as well as the role of Universities in Regional Development are examined and analyzed. Secondly, it is attempted to record the role of the Greek Universities through the collection and processing of innovation information and actions, utilizing, as a case study, the structures of the Innovation and Entrepreneurship Units. Thirdly, taking into account the results of the research, proposals for the national and regional policy are made.

Suggested Citation

  • Dimitrios G. Ierapetritis, 2019. "Discussing the Role of Universities in Fostering Regional Entrepreneurial Ecosystems," Economies, MDPI, vol. 7(4), pages 1-30, December.
    • Handle: RePEc:gam:jecomi:v:7:y:2019:i:4:p:119-:d:298386
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    References listed on IDEAS

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    2. Silviu Nate & Valentin Grecu & Andriy Stavytskyy & Ganna Kharlamova, 2022. "Fostering Entrepreneurial Ecosystems through the Stimulation and Mentorship of New Entrepreneurs," Sustainability, MDPI, vol. 14(13), pages 1-18, June.
    3. Ana Fernández-Laviada & Carlos López-Gutiérrez & Andrea Pérez, 2020. "How Does the Development of the Social Enterprise Sector Affect Entrepreneurial Behavior? An Empirical Analysis," Sustainability, MDPI, vol. 12(3), pages 1-15, January.
    4. Maria Adamakou & Dimitris Kallioras & George Petrakos, 2021. "Detecting Convergence Trends among EU Universities," Economies, MDPI, vol. 9(2), pages 1-8, March.
    5. Mariana Pita & Joana Costa & António Carrizo Moreira, 2021. "Entrepreneurial Ecosystems and Entrepreneurial Initiative: Building a Multi-Country Taxonomy," Sustainability, MDPI, vol. 13(7), pages 1-26, April.
    6. George Martinidis & Arkadiusz Dyjakon & Stanisław Minta & Rafał Ramut, 2022. "Intellectual Capital and Sustainable S3 in the Regions of Central Macedonia and Western Macedonia, Greece," Sustainability, MDPI, vol. 14(16), pages 1-17, August.

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