Innovation is inevitable for economic development of the China and even the world, and entrepreneurship education is also an important topic for educators at home and abroad. It is an important issue for the sustainable development and effective operation of industry and education to establish an integrated support system of industry and education in universities. The purpose of this research is to analyze the reform of entrepreneurship education in the fusion of industrial education and university education and use the latest 5G fog computing technology. In this study, we select different types of universities and graduates as our subject. This study gathers the problems that exist in the academic view and measures of the integration of university production and education, education facilities, and entrepreneurship education through research, literature analysis, and interview methods. A corresponding solution is proposed in conjunction with an analysis model of student performance evaluation. The results show that 22% of teachers think that entrepreneurship education helps students develop in an all-round way, 42% of teachers interviewed think that entrepreneurship education is “graduation service,” 13% of teachers think that entrepreneurship education is an organic supplement to professional education, and 23% of teachers interviewed say it is difficult to position it. 80.5% of university teachers think that the current school management system is not suitable for combination of production and learning, school enterprise cooperation, and development needs. It is concluded that the reform of entrepreneurship education system industry and education that are combined in this study has a good effect on improving the current employment problem, but the adaptation degree of colleges and universities is insufficient. This study contributes to the development of integrated model of new technology with entrepreneurship education.

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