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Towards the third generation universities: The core innovative function approach.

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Universities transitioning to third-generation universities (3rd GU) require new functions for economic growth. This study identifies seven core functions crucial for innovation, entrepreneurship, and societal impact.

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Area of Science:

  • Higher Education Studies
  • Innovation Management
  • Economic Development

Background:

  • Economic and social value creation is intrinsically linked to university functions.
  • The evolution towards third-generation universities (3rd GU) necessitates a redefinition of traditional roles.
  • Identifying and defining these new functions is critical for institutional advancement.

Purpose of the Study:

  • To systematically identify, consolidate, and analyze the functions of universities undergoing the transition to 3rd GU.
  • To develop a functional model for 3rd GU to aid academics and policymakers in evaluation and enhancement.
  • To provide a framework for understanding the evolving role of universities in economic and social development.

Main Methods:

  • A critical literature review approach was employed.
  • Inclusion criteria prioritized empirical data, high referral rates, and conceptual richness.
  • A total of 20 relevant texts were analyzed.

Main Results:

  • Seven core functions essential for successful 3rd GU were identified.
  • These functions encompass innovation, entrepreneurship, applied knowledge creation, industry-academia collaboration, and supportive ecosystems.
  • Key elements include entrepreneurial education, fostering an innovative culture, and adaptive governance.

Conclusions:

  • Adopting these new university functions is pivotal for the transition to 3rd GU.
  • These functions directly contribute to national economic growth and development.
  • The identified functions serve as a practical guide for policymakers to assess and foster successful universities.