engleski

Entrepreneurial Capacity of Higher Education Institutions as a Prerequisite for Economic Growth

At a time when enterprises operate in an environment characterised by fast-occurring changes and unpredictable challenges, knowledge and the ability to learn become the only way of efficiently adapting to new business conditions. In this context, higher education institutions play an important role by providing intellectual services and raising the level of knowledge in the society, thus shortening the gap between the economy and the scientific community, and contributing to their stronger interaction. This said, higher education institutions are faced with ever greater challenges in fulfilling the demands of the users of their services. The position and role of higher education institutions is gradually changing, as is their modus operandi. New solutions are sought, those focused more on the entrepreneurial component as the key factor in sustainable development of higher education institutions. Investing in research and development contributes to creating added value and impacts economic development. Spin-off companies are established, with a potential to become the initiators of economic growth. By presenting selected cases, this paper demonstrates successful examples of the functioning of higher education institutions in Croatia moving toward a technology transfer in accordance with the triple helix principle. In conclusion, in order to achieve economic growth, fast and urgent adaptation of infrastructure is necessary, along with implementation of structural reforms connected with investments in research and development in the public and private sector.

higher education, entrepreneurship, technology transfer, research and development, economic growth, triple helix

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