The Entrepreneurial University in Russia: from Idea to Reality

An entrepreneurial university plays an important role in realizing economic innovations and increasing global competitiveness and social welfare. Government needs to stimulate entrepreneurship education and encourage development of entrepreneurial universities. Incremental, sustainable, and long-term government initiatives consistent with the triple helix concept are necessary to modify the rigid higher education sector. The Russian model of an entrepreneurial university appropriate for the demands of the 21st century is explored. A case study of its leading university of technology in transition to an entrepreneurial university presents a few challenges faced and key lessons learned. The future of entrepreneurship education and entrepreneurial universities in Russia is discussed.