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The Social Role of University Entrepreneurship

The Social Role of University Entrepreneurship
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Author(s): Carmen Păunescu (Bucharest University of Economic Studies, Romania) and Ramona Cantaragiu (Bucharest University of Economic Studies, Romania)
Copyright: 2015
Pages: 17
Source title: Economics: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-4666-8468-3.ch058

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Abstract

This chapter discusses the dimensions and characteristics of social entrepreneurship in universities and its role in developing sustainable communities. It argues that by building on social responsibility practices and creating an identity of a society-oriented university, one which is driven by a social mission and humanistic values and a sense of moral commitment to its communities, higher education institutions are more likely to succeed on the global market characterized by an increasing competition and a high degree of internationalization. Therefore, by understanding the driving forces which determine the social entrepreneurial behavior of the academic community, universities will be more successful in driving social transformation and achieving innovation. While the view of social entrepreneurship in university put forward in this chapter is far from complete, the authors see it as an important first step to enhance theoretical understanding of the phenomenon and facilitate future research.

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