Engines of Innovation: The Entrepreneurial University in the Twenty-First Century

by Holden Thorp, Buck Goldstein

Overview

In Engines of Innovation, Holden Thorp and Buck Goldstein make the case for the pivotal role of research universities as agents of societal change. They argue that universities must use their vast intellectual and financial resources to confront global challenges such as climate change, extreme poverty, childhood diseases, and an impending worldwide shortage of clean water. They provide not only an urgent call to action but also a practical guide for our nation's leading institutions to make the most of the opportunities available to be major players in solving the world's biggest problems.
A preface and a new chapter by the authors address recent developments, including innovative licensing strategies, developments in online education, and the value of arts and sciences in an entrepreneurial society.

Product Details

ISBN-13:	9781469609843
Publisher:	The University of North Carolina Press
Publication date:	08/12/2013
Edition description:	Second Edition
Pages:	200
Product dimensions:	5.70(w) x 9.20(h) x 0.50(d)

About the Author

Holden Thorp is editor-in-chief for the Science family of journals. Buck Goldstein is Professor of the Practice and University Entrepreneur in Residence (Emeritus) in the Shuford Program in Entrepreneurship at UNC-Chapel Hill.

Table of Contents

Preface to the Second Edition ix

Introduction 1

1 The Entrepreneurial Opportunity 9

2 Entrepreneurial Science 22

3 Enterprise Creation 38

4 Social Entrepreneurship 53

5 Multidisciplinary Centers 68

6 Leadership 85

7 Academic Roles 97

8 Culture and Structure 106

9 Teaching Entrepreneurship 118

10 Accountability 133

11 The New Donors and University Development 141

Conclusion 151

Engines Revisited-A Three-Year Tune-Up 155

Notes 163

Acknowledgments 169

Index 171

What People are Saying About This

From the Publisher

Thorp and Goldstein have hit the mark. Promoting innovation in higher education is one of the best things we can do for our country's global competitiveness and economic future, and this book points the way forward.—Michael R. Bloomberg, mayor of New York City



Universities have enabled the American dream and are among our nation's greatest competitive strengths. However, the costs of a university education are unsustainably high, and there is pressure on virtually every traditional source of revenue. Universities must transform themselves, yet they face numerous barriers to change—starting with the tenure system. This book, by one of the new generation of innovative university presidents together with a leading venture capitalist, describes how universities can embark on a whole new path. The book is full of ideas for university leaders, trustees, alumni, philanthropists, and the business community.—Michael E. Porter, Bishop William Lawrence University Professor, Harvard Business School



Thorp and Goldstein bring an urgent and timely message: American universities must fundamentally transform in order to assure America's global competitive leadership in the 21st century. Simply put, if colleges foster an entrepreneurial culture, innovation will flourish, both within our academic institutions, and more broadly throughout the economy. This outstanding book paves the way forward.—John Denniston, partner at Kleiner Perkins Caufield & Byers



Engines of Innovation inspires, guides, and informs universities on collaboration, structure, sustainability, cost, and practical details of designing and achieving maximum potential for entrepreneurship programs. This fascinating read is an excellent resource for helping universities connect with the world beyond their campuses.—Deborah D. Hoover, president and CEO of The Burton D. Morgan Foundation



Packed with ideas about how to transform universities into wellsprings of solutions to global problems.—David Bornstein, author of How to Change the World: Social Entrepreneurs and the Power of New Ideas



It is widely recognized that innovative entrepreneurs play a critical role in the technical progress and economic growth of our society. With the help of this excellent book, colleges and universities can begin to design and more effectively to establish programs in entrepreneurship.—William J. Baumol, academic director of the Berkley Center for Entrepreneurship and Innovation, New York University

Editorial Reviews

A growing chorus of voices is insisting that the world's great problems will be solved only through innovative thinking and that such thinking can best be found at the research university. Right at the forefront of this group are Holden Thorp . . . and Buck Goldstein . . . and they lay out a persuasive case in Engines of Innovation.—BizEd



Thorp and Goldstein make a strong case for their vision.—Raleigh News & Observer



Cover[s] the importance of enterprise, leadership, changing culture, responsibility, and much more. . . . A vital entry into any community or college library collection that features insights into the future of education and societal change.—Midwest Book Review



An intriguing book.—Metro

From the Publisher