Institutional Factors Affecting the Transformation of Entrepreneurial Universities

Abstract

Entrepreneurial universities are the third generation of the universities which are well-known as the engines of regional development. Their transformation from conventional/traditional universities is of paramount importance, since it could be studied as a critical area of research to help universities become more entrepreneurial. On the other hand, institutional economics offers an integrated framework to study the institutional factors affecting such transformations. In this study, we use new institutional economics to identify those factors, and also we suggest that public private partnership and new public management practices could moderate the effect of these factors. To do so, we followed a qualitative approach, and used grounded theory to identify the factors. © © 2015 Inderscience Enterprises Ltd.