University Ecosystems Design Creative Spaces for Start-Up Experimentation

Martin Curley () and Piero Formica ()
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Martin Curley: National University of Ireland
Piero Formica: National University of Ireland

Chapter Chapter 2 in The Experimental Nature of New Venture Creation, 2013, pp 13-22 from Springer

Abstract: Abstract Religious roots marked the medieval university, alma mater of the Second Millennium higher education institutions. For centuries, the ‘ivory tower’ syndrome, a reminiscence of their monastic lineage, has affected academic institutions. Einstein said, “The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created universities (society) that honors the servant and has forgotten the gift”. This kind of thinking pervaded, limiting the scope of some universities to knowledge and student production. It seems that analysis has taken precedence over synthesis/creation (in addition to theory always taking precedence over practice). This dissonance between the work of a university and value creation was hinted at by CK Prahalad at the 2010 Global Drucker Forum when he said, “I have never seen a next practice emerge from a regression analysis”.

Keywords: Corporate Venture; Scientific Entrepreneur; Faithful Servant; Intuitive Mind; Helix Innovation System (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-319-00179-1_2

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