The Greek Higher Educational Institutes (HEIs) constitute great bureaucratic organizations that display a series of peculiar functional and production features, as for example close dependence upon the given at times governmental power, geographically scattered branches, fragmentation of similar departments, absence and incoherence of the cognitive fields of several departments with the real needs and the available comparative advantages of the geographical areas in which they operate, established and completely oldfashioned production and transmission of knowledge and skills which bear only a very small relation to the contemporary entrepreneurship, innovation, and the job market in general.Thus, lately, under the burden of the country's tragic economic situation and the demands on the part of the Troika for the reduction of the cost of education, as well as of the newly-shaped international educational conditions, there has been attempted a systematic restructuring of the Greek HEIs, on the basis of the application of a specific governmental plan, known under the name of "Athena Plan". Unfortunately however,