Universities as Engines of Economic Growth—Entrepreneurship in Academia: A Singapore Experience
In the past few decades, universities have come to be expected to directly and positively influence economic growth, a radical departure from the previous understanding of the university as primarily an education provider. How universities approach this new “knowledge economy” will vary by geography and culture, among other factors. This essay will bring to light Singapore’s experience, with focus on the creation of the National University of Singapore’s NUS Enterprise, a university-level cluster that aims to provide an entrepreneurial complement to the school’s teaching and research functions.
I would like to acknowledge Katherine Chinn for her assistance in the preparation of this manuscript.
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