Title: Institutional factors affecting the transformation of entrepreneurial universities

Authors: Aidin Salamzadeh; Jahangir Yadollahi Farsi; Mahmoud Motavaseli; Mirjana Radovic Markovic; Hiroko Kawamorita Kesim

Addresses: Faculty of Entrepreneurship, University of Tehran, 16th Street, North Kargar Avenue, Tehran, 1439813141, Iran ' Faculty of Entrepreneurship, University of Tehran, 16th Street, North Kargar Avenue, Tehran, 1439813141, Iran ' Faculty of Economics, University of Tehran, North Kargar Avenue, Tehran 141556445, Iran ' Institute of Economic Sciences, Zmaj Jovina 12, 11000 Belgrade, Serbia ' Faculty of Business and Economics, Ondokuz Mayis University, Kurupelit, Samsun 55139, Turkey

Abstract: Entrepreneurial universities are the third generation of the universities which are well-known as the engines of regional development. Their transformation from conventional/traditional universities is of paramount importance, since it could be studied as a critical area of research to help universities become more entrepreneurial. On the other hand, institutional economics offers an integrated framework to study the institutional factors affecting such transformations. In this study, we use new institutional economics to identify those factors, and also we suggest that public private partnership and new public management practices could moderate the effect of these factors. To do so, we followed a qualitative approach, and used grounded theory to identify the factors.

Keywords: entrepreneurial universities; public private partnerships; PPPs; institutional economics; transformation; higher education; regional development; new public management; NPM; grounded theory.

DOI: 10.1504/IJBG.2015.068620

International Journal of Business and Globalisation, 2015 Vol.14 No.3, pp.271 - 291

Received: 31 Jul 2014
Accepted: 10 Aug 2014

Published online: 07 Apr 2015 *

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