Title: From clusters to entrepreneurial universities and vice versa: ways of developing the local economy: a systemic approach

Authors: Ineza Gagnidze

Addresses: Faculty of Economics and Business, Iv. Javakhishvili Tbilisi State University, Flat 74, D. Bakradze st. 6a, 0113, Tbilisi, Georgia

Abstract: This paper describes means of developing the local economy. There are 3,000 strong clusters across Europe and the model of the entrepreneurial university is the most successful to date. At different times since 1990, clusters and entrepreneurial universities have become more popular as tools for developing the local economy. As a result, their research continues in separate and independent directions. Attempts to discuss these two tools together are uncommon in the academic literature. In this paper, we will discuss the systemic links between the mutual influence of clusters and entrepreneurial universities.

Keywords: education; entrepreneurial university; academic capitalism; technology-based university; knowledge triangle; triple helix; local economy development; cluster; business systems; system.

DOI: 10.1504/IJMABS.2018.090515

International Journal of Markets and Business Systems, 2018 Vol.3 No.2, pp.181 - 196

Received: 05 Aug 2017
Accepted: 02 Dec 2017

Published online: 19 Mar 2018 *

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