TITLE:
Brics & Entrepreneurial Universities: A Brazilian Perspective
AUTHORS:
Branca Terra, Leonardo Lehnemann, David Nunes Resende, Jana Almeida, Raul Gouvea
KEYWORDS:
Brazilian Entrepreneurial Universities, Innovation and R&D Indicators
JOURNAL NAME:
Modern Economy,
Vol.14 No.6,
June
30,
2023
ABSTRACT: Entrepreneurship is a vital component in a country’s
pursuit of a sustainable, equitable and inclusive economic development and
growth strategy. In the past decades, BRICS nations’ rapid economic development
and growth have relied strongly on entrepreneurial activities as one of their
main economic strategies. BRICS countries have fostered and supported
entrepreneurial activities, including the role of universities in fostering
entrepreneurial activities. This paper assesses the role and experience of
Brazilian entrepreneurial universities in fostering and creating a dynamic
entrepreneurial ecosystem within the Brazilian economy. Universities play a key
role in unleashing new and innovative rounds of entrepreneurial activity and in
creating and fostering a vibrant innovation ecosystem. The aim of the research
project that gave rise to this paper was to identify, propose and validate a
set of indicators for innovation and ST&I that identify the stage of
maturity of the entrepreneurial university model in Brazilian universities. Our
results shows that the indicators identified in the literature, proposed and
validated using a questionnaire applied to the 68 best Brazilian universities
can be used to underpin institutional innovation policies. Our results also
strongly indicate that Brazilian universities are becoming vital players in
fostering Brazil’s innovation and technology ecosystem.