A university business school as an entrepreneurial ecosystemhub

Abstract

This article assesses the progress of a business school toward achieving the status of an entrepreneurial ecosystem hub with emphasis on the components related to entrepreneurial universities, entrepreneurship education, university business incubators, and university-enterprise-government-civil society collaboration. The objective of a business school serving as an entrepreneurial ecosystem hub, is to stimulate economic development, generate employment, and create innovative technology-based ventures or service businesses. These components are discussed from theoretical and practical viewpoints in order to provide greater understanding of the concepts. An insider action research assessment of the university-affiliated business school was conducted to gauge the progress made in building an embryonic entrepreneurial ecosystem centered upon a business school as a hub. Emphasis is placed on the need to develop strong collaboration among key stakeholders for achieving success in building an effective entrepreneurial ecosystem based on a quadruple helix system, consistent with the lead-in quotation to the article.