Building a university-based entrepreneurial ecosystem: Novel perspectives and teaching practices by Christina Theodoraki HERE Study Visit 19-20 April 2018

Plan Best practices Key take away What is a university-based entrepreneurial ecosystem? Building a university-based entrepreneurial ecosystem Best practices Key take away

University is part of an entrepreneurial ecosystem

What is an entrepreneurial ecosystem? Identify strategic positioning Theodoraki et al. 2016

What is an entrepreneurial university? An entrepreneurial university: is a survivor of competitive environments with a common strategy oriented to being the best in all its activities (e.g., having good finances, selecting good students and teachers, producing quality research) and tries to be more productive and creative in establishing links between education and research. It is not only a promoter of multiple support measures for entrepreneurship but is also a developer of administrative techniques, strategies or competitive postures Guerrero and Urbano, 2012

Building a university-based entrepreneurial ecosystem OECD, 2012

Adjust individual strategy Building a university-based entrepreneurial ecosystem Adjust individual strategy Theodoraki et al. 2017

Adjust ecosystem strategy Building a university-based entrepreneurial ecosystem Adjust ecosystem strategy Theodoraki et al. 2016

BEST PRACTICES Label of excellence in entrepreneurship Aim: Build and disseminate knowledge on entrepreneurship at the crossroads of legal, economic and management sciences Labex in numbers: 5 research teams 200 researchers 7.5M€ over 10 years

BEST PRACTICES Annual competition for students’ entrepreneurship awareness a business creation competition for Master degree students of Montpellier Management Institute MOMA Start’Up Event in numbers: 20 selected projects 12 months of coaching 5 minutes pitches 1 Finalists Battle

BEST PRACTICES PEPITE-LR is the key player in student entrepreneurship Aim: Promote the entrepreneurial culture among students pre-support support entrepreneurship as a vector of professional insertion PEPITE-LR in numbers: 29 Poles of student entrepreneurship 8 higher education institutions in LR 193 Student-Entrepreneurs (2017-2018)

BEST PRACTICES

Forming entrepreneurial teachers BEHAVIOR reward individual initiative, responsibility taking and risk taking ready to accept failure and integrate failure as an integral part of the learning process learn and teach how to manage or mitigate risks let students take responsibility for their own learning process, for instance by letting them create their own lessons or events acknowledge not only the solution, but also the process of how to get there “Entrepreneurship is a journey” SKILLS have strong team working skills and perfect communication skills are excellent networkers and collaborators TOOLS use a variety of creative methods as innovative pedagogical tools use technology and social media in the classroom to support learning explore new solutions, production techniques and computing tools which support the learning process OECD, 2014

KEY TAKE AWAY Partnerships between academics and entrepreneurs can produce remarkable results Create bridges between students, environement, teachers, experts and support entities Promote bottom up actions Spread entrepreneurial culture Multiply group diversity Reinforce internationalization

Building a university-based entrepreneurial ecosystem: Novel perspectives and teaching practices by Christina Theodoraki HERE Study Visit 19-20 April 2018