Academic Entrepreneurship at the Start of Industry 5.0 Era

The economic theory has been once again looping to the role of the entrepreneur. The differences that we find are based on the changing role of the Universities as well as the expected shift to Industry 5.0. The focus of the paper is set on the successful entrepreneurs that have been “created” in the universities. Accordingly, the main hypothesis is: the Industry 5.0 instruments reveal a quite new world for academic entrepreneurs working in virtual open academic entrepreneurial centers. The structure of the paper is following: the first paragraph analyses the shift of the University role to support entrepreneurs based on ‘business – academia’ cooperation; the second paragraph presents the entrepreneurial knowledge that is important nowadays; the third paragraph gives a discussion on the digital instruments that stay behind the contemporary entrepreneurial training; and finally, some recommendations how virtual co-creation and co-working clubs should be organized will be given in conclusion.

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Publication Details

Journal
Balkans Journal of Emerging Trends in Social Sciences
Published
2024-12-30
DOI
https://doi.org/10.31410/balkans.jetss.2024.7.2.68-79
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Academic Entrepreneurship at the Start of Industry 5.0 Era

Nikolay Sterev
Balkans Journal of Emerging Trends in Social Sciences
SMEs Development and Digital Marketing
article

Academic Entrepreneurship at the Start of Industry 5.0 Era

Nikolay Sterev
article en

Abstract

The economic theory has been once again looping to the role of the entrepreneur. The differences that we find are based on the changing role of the Universities as well as the expected shift to Industry 5.0. The focus of the paper is set on the successful entrepreneurs that have been “created” in the universities. Accordingly, the main hypothesis is: the Industry 5.0 instruments reveal a quite new world for academic entrepreneurs working in virtual open academic entrepreneurial centers. The structure of the paper is following: the first paragraph analyses the shift of the University role to support entrepreneurs based on ‘business – academia’ cooperation; the second paragraph presents the entrepreneurial knowledge that is important nowadays; the third paragraph gives a discussion on the digital instruments that stay behind the contemporary entrepreneurial training; and finally, some recommendations how virtual co-creation and co-working clubs should be organized will be given in conclusion.

Balkans Journal of Emerging Trends in Social SciencesVol. 7(2)
University of National and World Economy (BG)
Openalex Percentile: Top 48%
SMEs Development and Digital Marketing
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