Gauging the Institution’s Potential Towards an Entrepreneurial University: The Case of a Philippine State University

Abstract

The potential of a state university for entrepreneurial university transformation is determined in this study by using the mixed method, specifically the concurrent triangulation design. Strengths, weaknesses, challenges and issues are highlighted based on the guiding framework for entrepreneurial universities by the European Commission – Organization for Economic Cooperation and Development (EC-OECD). Middle level managers of the institution served as participants providing data through survey instrument and interviews. Results revealed that generally the university is Going Entrepreneurial, particularly in leadership and governance; organizational capacity, people and incentives; entrepreneurship development in teaching and learning; and pathways for entrepreneurs. It is Almost Entrepreneurial in its business/external relationships for knowledge exchange, and as an internationalized institution; and only in measuring the impact of entrepreneurial university that it is described as Initially Going Entrepreneurial. Challenges and issues identified that may affect the internal system consist political leadership openness to support development plans and projects; presence of internationally-popular eco-tourism, farm tourism, cultural and heritage tourism potentials; booming business atmosphere in the province and the region; availability of local and international scholarships and fellowships for staff and students; presence of commercial banks offering loan credits; and presence of private colleges and learning centers. Recommendations for internal policy consideration include the revisit and inclusion in the strategic plan of an entrepreneurial agenda; appropriation of budget to support the entrepreneurial projects or start-ups by the faculty, staff and students; and exploration of functional engagements and linkages with external (local and international) stakeholders and willing business partners, experts and entities who could help put up or invest on incubators, science parks and the like.

Entrepreneurship Practices of Higher Education Institutions in Region IV-A, Philippines

“…In the Philippine setting, while HEIs are also transforming into becoming entrepreneurial universities, there is still a dearth of studies in this area. Just recently, Biray (2022) conducted a study to determine the potential of an Aklan-based state university in the Philippines for entrepreneurial university transformation. To the best of the researchers' knowledge, there was no other study in the local setting other than the previously mentioned study.…”

Student-Staff Partnerships, Internally Generated Revenue and Financial Inclusion towards Entrepreneurial Venture in Nigerian Universities: Systematic Review of Literature

“…Langva (2021) affirmed that both academic and extracurricular programming had a positive influence on student start-up activities, with certain cultural factors moderating these effects. Biray (2022) discovered that a state university in the Philippines was "Going Entrepreneurial" in terms of its leadership and governance, organizational capacity, personnel, and incentives, as well as the development of entrepreneurship in teaching and learning and pathways for entrepreneurs. These results lead to the conclusion that IGR management can significantly influence the development of more entrepreneurial ventures within the university system.…”