Universities, once reluctant to venture beyond the status quo of classroom education, have embraced and encouraged entrepreneurship and innovation among its faculty and students, according to a report from the U.S. Department of Commerce.
Two- and four-year colleges are investing heavily in the development of their students’ entrepreneurial skills and encouraging faculty research because they realize it strengthens the regional economy, creates jobs and keeps America competitive, says “The Innovative and Entrepreneurial University: Higher Education, Innovation and Entrepreneurship in Focus.”
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