ENTREPRENEURIAL MANAGEMENT: What makes the difference?

Becoming an Entrepreneurial University:
What could it mean for us?
Professor David Rae
www.bishopg.ac.uk
www.bishopg.ac.uk
Why?
• What is the idea of the entrepreneurial university?
• What does it mean in practice?
• Are there useful concepts and models?
• How could it be relevant for BGU?
• In what respects is BGU an enterprising university:
• What are our strengths?
• What are our limitations?
• Capabilities and areas to develop?
www.bishopg.ac.uk
Entrepreneurship and
Education
How is entrepreneurship
relevant to education?
• Martin Lackéus’ thesis:
• Entrepreneurship as an educational
philosophy: students learning through
creating value for others
• Value creation as educational practice
Chalmers University of Technology, Gothenburg, Sweden, June 2016
Entrepreneurship
• Recognising, creating and acting on opportunities
• Applying creativity & innovation to problems
• Creating multiple forms of value
• Developing entrepreneurial mindset & identity
• Initiating and managing organisations
• Transforming social relationships & interactions
• A movement for individual, social and economic
transformation
Learning can be Entrepreneurial
• Learning and acting in innovative, opportunistic ways
• Applied creativity: moving between ideas and activities:
• Recognising, creating and acting on opportunities
• Interactions for personal & social learning
• Imaginative use of technologies
• Creating multiple forms of value
• Initiating and managing new projects & organisations
Outcome: self-efficacy to make innovative things happen
Get started with Micro-preneurship
Micro-entrepreneurship can be used to experiment and gain basic
skills, habits and confidence.
• Seize the moment – act on the opportunity.
• Connect the local and specific with the global and general.
• Be frugal: use free or low-cost resources.
• Collaborate and co-operate: social enterprise
• Feminine ways of working are at least as effective as masculine
• Practise ethical values and approaches as you’d expect to be
treated
• Use iterative innovation – try it out to see if it works.
• Your story is who you are and what you can do, so use every
experience to learn and develop your personal narrative.
Entrepreneurial effectiveness
http://www.qaa.ac.uk/Publications/InformationAndGuidance/Documents/enterprise-guidance.pdf
Entrecomp
Model
European
Entrepreneurial
competences
EU 2016
https://ec.europa.eu/jrc/en/entrecomp
Thinking points
• Entrepreneurship: a collective human and social
phenomenon
• Entrepreneurship focuses on creating new value
from working on opportunities
• Everyone can be entrepreneurial to some degree
– not everyone is an entrepreneur
• Entrepreneurship is an essential aspect of
empowerment & participation in society
Towards the
Entrepreneurial University
The entrepreneurial
university
• The entrepreneurial university connects
students’ entrepreneurial learning with
cultural development and institutional
transformation……..
• …..which may be in an environment of
unpredictability and rapid change
The idea of the entrepreneurial
university:
• An autonomous learning organisation,
transforming itself, the lives of its
students, and its community through
innovation
• Not:
• ‘The Apprentice’, ‘Dragon’s Den’
• Trump University
Times Higher Awards:
Entrepreneurial University of the Year
‘A university environment and culture that fosters
enterprising attitudes among all members of its
community and delivers significant entrepreneurial
impact at regional, national and international levels.’
Recent winners:
Universities of Leeds, Anglia Ruskin, Strathclyde,
Huddersfield, Plymouth, Coventry
Entrepreneurial University of the Year
Criteria:
vision and strategy: how has the university transformed its vision
and strategy to place enterprise, entrepreneurship and innovation
at the heart of the organisation?
culture and mindset: how has the university stimulated an
environment that supports entrepreneurial mindsets and
behaviours in both staff and students?
entrepreneurial impact: have the university’s efforts affected the
nature of entrepreneurial activity among staff, students and alumni
and stimulated a strong entrepreneurial impact locally, nationally or
internationally?
policy and practice: have the university’s experiences and
activities influenced policy at all levels and clearly demonstrated
good practice and effectiveness?
How Entrepreneurial is BGU?
vision and strategy: does our vision and strategy place enterprise,
entrepreneurship and innovation at the heart of the organisation?
culture and mindset: have we created a stimulating environment
which supports entrepreneurial mindsets and behaviours from staff
and students?
entrepreneurial impact: are we effecting entrepreneurial activity
among staff, students and alumni? Do we stimulate a strong
entrepreneurial impact locally, nationally or internationally?
policy and practice: are our experiences and activities influencing
policy? Do we demonstrate good practice and effectiveness?
A guiding framework for entrepreneurial universities
OECD 2012
entrepreneurialuniversities.eu
Direction?
• Is the idea of the entrepreneurial university relevant
for BGU?
• Do we aspire to become one?
• Are the concepts and models useful to us in practice?
• In what respects is BGU an enterprising university:
• What are our strengths?
• What are our limitations?
• Capabilities and areas to develop?
www.bishopg.ac.uk
Thank you:
Ideas & questions?