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What is University’s Third-Mission

Handbook of Research on Entrepreneurial Success and its Impact on Regional Development
It refers to an additional function of the universities in the context of knowledge society. The university is not only responsible for qualifying the human capital (Education – the first mission) and for producing new knowledge (Research – the second mission). Universities must engage with societal needs and market demands by linking the university’s activity with its own socio-economic context. Today universities develop their strategies around these three missions. Academics debate negative effects and the effective integration of these missions in a coherent institutional framework. Governments develop third mission policies allocating funding to this role while policy-makers and experts are implementing specific indicators.
Published in Chapter:
Academic Entrepreneurship and Knowledge Transfer Networks: Translation Process and Boundary Organizations
Hugo Pinto (University of Coimbra, Portugal), Ana Rita Cruz (University Institute of Lisbon, Portugal), and Helena de Almeida (University of Algarve, Portugal)
DOI: 10.4018/978-1-4666-9567-2.ch015
This chapter underlines contributions that Science and Technology Studies (STS) can give to the analysis of the knowledge transfer process and academic entrepreneurship. The central objective of the chapter is to understand the challenges that an academic entrepreneur has to face to implement an innovative idea. To achieve this goal, the chapter presents two spin-off case studies from the Algarve region (Portugal). The case studies pay attention to academic entrepreneurship in the medical field (F1) and in eco-tourism (E1). It is given attention to the translation phases and to the network creation.
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