Under neoliberalism, universities are considered crucial partners in supporting the economic growth of countries and regions by bringing human capital, innovation and technological advances to society. Therefore, there are challenges for the traditional university in meeting socio-economic obligations through new entrepreneurial strategies. A new concept has appeared to support entrepreneurship education (EE), basically in terms of an environment called Entrepreneurial University (EU), “conceived as one of the main drivers of economic growth and development”. The EE aimed to develop an entrepreneurial spirit in the mentality of students “and raise their awareness of entrepreneurial interest and initiate them to create new projects”. Say no to plagiarism. Get a tailor-made essay on the topic "Why violent video games should not be banned"? Get an original essay EE has become mandatory in view of the need to create businesses as an economic tool for growth and competitiveness. The entrepreneurial approach has become a fundamental element for all study specialties, for private institutions and for the public. The three main objectives of an entrepreneurial university strategy are: educate, stimulate and incubate. The context is defined by global and local competition and the pressures of technological innovation on universities. The widespread perception is that “there is a real need to develop and implement an entrepreneurial culture throughout higher education”. Although it first emerged about two decades ago, the concept of the entrepreneurial university “is considered still in its infancy in developed countries and emerging in developing countries.” Forsman (2008) highlights that an entrepreneurial university is “an organization with a flexible structure, competent leadership and management, and in which entrepreneurial culture is a key driving force”. Cavaller (2011) argues that “the EU is an evolutionary model of the traditional university. A key to this new paradigm is “the commercialization of research added to the renewed research and teaching functions”. To achieve its objectives, the EU is “designed to interact with external stakeholders, industry, government and society at large”. This is called the “triple helix model”, which involves cooperation between academia, industry and government, based on common policies, policies and methods, aiming for “internal transformation in each of these spheres”. To qualify as entrepreneurial, universities should develop several strategies through a thorough transformation process: “(1) the university begins to define its priorities and diversify its sources of revenue; (2) the institution begins to commercialize intellectual property resulting from its research activities; and (3) the university takes an active role in participating in its regional innovation environment.” Entrepreneurial universities are expected to adapt to fluctuations in the environment through “internal transformations, for example through changes in governance, management, flexibility and leadership structure, in order to increase their flexibility, efficiency and effectiveness". To do this, universities put in place more flexible structures, "which include an entrepreneurial approach, become proactive and take risks when they decide to innovate and seize opportunities, and creatively use their resources to achieve goals." Please note: this is just a sample. Get a custom paper from our expert writers now. Get a Custom Essay To accomplish these goals, some entrepreneurial activities should be.