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Entrepreneurial Capacity Of Universities And Its Impact On Regional Economic Growth

Author

Listed:
  • Dmitry Kochetkov

    (Elsevier BV)

  • Viola Larionova

    (Ural Federal University named after the first President of Russia B.N. Yeltsin)

  • Darko Vukovic

    (1. National Research University - Higher School of Economics, Saint Petersburg School of Economics and Management 2. Geographical Institute "Jovan Cvijic" of the Serbian Academy of Sciences and Arts)

Abstract

The scope of our research is the university as the key actor of economic change. Historically, it is possible to allocate four types of the university by analogy to four industrial revolutions. In the conditions of the fourth industrial revolution, there is a radical shift in the university model. From research and development and technology transfer, the university moves to the creation of the intellectual capital. The university does not simply conduct R&D for business but creates essentially new industries. The university becomes the center around which the new hi-tech enterprises grow. This phenomenon has been entitled entrepreneurial university that is the main actor of the entrepreneurial (startup) economy. In this study, we examined the different approaches to the evaluation of universities, first of all, global university rankings. Each ranking methodology assesses the different functional areas; a unified methodology of the evaluation of university as a complex system is currently lacking. At the same time, we tried to define the mechanism of the impact of the universities on regional economic growth grounding on a case of Russian universities. A comparative study of Novosibirsk and Tomsk universities has revealed key problem areas and barriers in the process of university engagement in regional economic systems. The findings will be used in further theoretical and applied research, as well as decision-making in the area of educational policy.

Suggested Citation

  • Dmitry Kochetkov & Viola Larionova & Darko Vukovic, 2017. "Entrepreneurial Capacity Of Universities And Its Impact On Regional Economic Growth," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 477-488.
    • Handle: RePEc:ura:ecregj:v:1:y:2017:i:2:p:477-488
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    References listed on IDEAS

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    1. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
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    4. Henry Etzkowitz, 2002. "Incubation of incubators: innovation as a triple helix of university-industry-government networks," Science and Public Policy, Oxford University Press, vol. 29(2), pages 115-128, April.
    5. Zoltan Acs & Laszlo Szerb, 2007. "Entrepreneurship, Economic Growth and Public Policy," Small Business Economics, Springer, vol. 28(2), pages 109-122, March.
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    Cited by:

    1. Nina I. LARIONOVA & Tatyana V. YALYALIEVA & Dmitry L. NAPOLSKIKH, 2018. "Global Competitiveness, Neoindustrialization And Innovative Clusters: International Indicators And Trends Of Russian Federation," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 27(2), pages 125-138.
    2. Fanny Kovaleski & Claudia Tania Picinin & João Luiz Kovaleski, 2022. "The Challenges of Technology Transfer in the Industry 4.0 Era Regarding Anthropotechnological Aspects: A Systematic Review," SAGE Open, , vol. 12(3), pages 21582440221, July.
    3. Olena Kolomytseva & Anna Pavlovska, 2020. "The Role Of Universities In The National Innovation System," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 6(1).

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