The so-called ‘Third Mission’ of the university is under debate for the last 20–30 years ( Laredo, 2007 ) and this mission has received a wide variety of interpretations. In this chapter we adhere to execution of activities that contribute to the economic and social development of its...

Over many years people have tried to understand the entrepreneurial process (e.g., Hayek, 1945 ; Kirzner, 1973 ; Shane & Venkataraman, 2000 ; Schumpeter, 1934 ). Van der Veen and Wakkee (2004) reviewed the literature and introduced the role of the entrepreneur and the environment in this...