ABSTRACT:The complexity of knowledge-based society is constantly adding new challenges for higher education institutions. Entrepreneurial university model is developed in such a way that it incorporates the additional role of the commercialization of knowledge and active contribution to the development of private enterprises in the local and regional economy. The main objective of the paper is to explore the characteristics of university which support entrepreneurial activities and facilitate the generation and exploitation of knowledge and technology. The main research question is how the university can become an incentive factor for the development and success of academic spin-off ventures? The results of the research have shown that the characteristics of the social and institutional environment inß uence the development and success of academic spin-off ventures by developing various mechanisms that encourage innovation and entrepreneurship. In addition, the research has shown that the university, by strengthening the culture of academic entrepreneurship as well as, by establishing cooperation with industry and public institutions on all levels, encourages the development of academic spin-off ventures. In the concluding observations, we emphasized the importance of further research in the Þ eld of higher education institutions, in order to provide additional contribution to the literature focused on academic entrepreneurship, as well as to provide practical recommendations for improving the success of academic spin-offs.KEY WORDS: academic spin-off, entrepreneurial university, entrepreneurial learning, knowledge transfer. SAŽETAK: Složenost društva zasnovanog na znanju neprekidno stvara nove izazove institucijama u visokom obrazovanju. Model poduzetni kog sveu ilišta razvijen je na na in da inkorporira dodatnu ulogu komercijalizacije znanja i aktivni doprinos razvoju privatnih kompanija u lokalnom i regionalnom okruženju. Osnovni cilj rada je istražiti karakteristike sveu ilišta koje podupiru poduzetni ke aktivnosti i olakšavaju stvaranje i iskorištavanje znanja i tehnologije. Glavno istraživa ko pitanje je kako sveu ilište može postati poticajni faktor razvoja i uspjeha sveu ilišnih spin-off poduhvata? Rezultati istraživanja su pokazali da karakteristike društvenog i institucionalnog okruženja utje u na razvoj i uspjeh sveuilišnih spin-off poduhvata kroz razvoj razli itih mehanizama koji poti u inovativnost i poduzetništvo. Dodatno, istraživanje je pokazalo da sveu ilište ja anjem kulture akademskog poduzetništva, kao i uspostavljanjem suradnje s industrijom i lokalnim/regionalnim i državnim institucijama poti e razvoj sveu ilišnih spin-off poduhvata. U zaklju nim razmatranjima istaknut je zna aj daljih istraživanja u podru ju visokoobrazovnih institucija kako bi se pružio doprinos literaturi iz podru ja akademskog poduzetništva i pružile prakti ne preporuke za unaprje enje uspjeha akademskih spin-off poduhvata.KLJU NE RIJE I: akademski spin-off poduhvati, poduzetni ko sveu ilište, poduzetni ko u enje, trans...