Why Are University Startups Not Taking Off?

This chapter looks at the gaps that exist in the entrepreneurial ecosystem, which we encountered in part 1 of this book. To overcome those gaps and improve the startup launch pad, both entrepreneurs and universities need to make a concerted effort. Dabbling in entrepreneurship will not work—you either do it or you don’t. Dabbling always results in mediocrity, not only in entrepreneurship, but in everything you do in life.

A university may have startup initiatives in place. Grants and workshops about entrepreneurship may exist. The library may carry copies of The Four Steps to the Epiphany1 and The Lean Startup.2 business-plan competition and exchanges with the university’s MBA program may ...

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