Academic Entrepreneurship and Its Challenges
An emerging country like India demands a high level of entrepreneurial development for its economic growth as the scope of entrepreneurship is tremendous here. There is a particular reason that developing countries are trying to put in to entrepreneurship education in the higher education institutions (HEIs). Higher education institutions (HEIs) have been playing a major part in current economic development through innovation grant program. The idea of entrepreneurial university can be seen as the universities those have proved to be the best in critical economic development condition. The prime focus of this chapter is to understand the concept of academic entrepreneurship efficiently, to analyze the entrepreneurial challenges in Indian technology universities and how it is related to regional growth. The literature on these entrepreneurial pillars are still quite sparse, and the authors have tried to focus on all the important aspects of them. These orientations of this archetype for facilitating Indian economic growth are discussed, and the challenges are identified.