It is suggested that the value of projected cuts in UK higher education spending should be redirected to fund start-up entrepreneurial universities as part of a strategy for knowledge-based economic growth. Two specific elements of academic entrepreneurial redesign are outlined: the Professor of Practice, linking university and industry through half-time roles in each, and the Novum Trivium tripartite undergraduate degree, including a speciality subject, entrepreneurship education and a foreign language. A far-reaching response to resolve the economic crisis by hastening the foundation of university start-ups and their development into new clusters is envisioned.
CorbynZ. (2010), ‘Now is the time to invest in science, not to make cuts’, Times Higher Education, 3 February.
2.
CrowM. (2010), Presentation at the Entrepreneurial University Leadership Workshop, Saïd Business School, Oxford University, 5 February.
3.
DaichesD., ed (1964), The Idea of a New University. An Experiment in Sussex, Sussex University Press, Brighton.
4.
EtzkowitzH. (1983), ‘Entrepreneurial scientists and entrepreneurial universities in American academic science’, Minerva, Vol 21, Nos 2–3, pp 1573–1871.
5.
EtzkowitzH. (2002), MIT and the Rise of Entrepreneurial Science, Routledge, London.
6.
EtzkowitzH.DzisahJ. (2008), ‘Professors of practice and the entrepreneurial university’, International Higher Education, Vol 49, pp 10–11.
7.
EtzkowitzH.RangaM. (2009), ‘A transKeynsian vision of government's role in innovation: Picking winners revisited’, Science and Public Policy, Vol 36, No 10, pp 799–808.
8.
EtzkowitzH.RangaM.BennerM.GuaranysL.MaculanA.M.KnellerR. (2008), ‘Pathways to the entrepreneurial university: Towards a global convergence’, Science and Public Policy, Vol 35, No 9, pp 781–695.
9.
GibbA.HaskinsG.RobertsonI. (2009), ‘Leading the entrepreneurial university: Meeting the entrepreneurial development needs of higher education institutions’, National Council for Graduate Entrepreneurship, Birmingham.
10.
GibbonsM.LimogesC.SchwartzmannS.NowotnyH.TrowM.ScottP. (1994), The New Production of Knowledge, Sage, Beverly Hills, CA.
11.
GoldfarbB.HenreksonM. (2003), ‘Bottom-up versus top-down policies towards the commercialisation of university intellectual property’, Research Policy, Vol 32, No 4, pp 639–658.
12.
HealdH. (2010), William Armstrong: Magician of the North, Northumbria Press, Newcastle-upon-Tyne.
