Boosting the role of entrepreneurs-in-residence

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Rajasinghe, D., Aluthgama-Baduge, C., Ilonen, S. and Gilman, M. 2025. Boosting the role of entrepreneurs-in-residence. AACSB Insights.
AuthorsRajasinghe, D., Aluthgama-Baduge, C., Ilonen, S. and Gilman, M.
Abstract

Many universities bring in entrepreneurs to bolster entrepreneurship programs. But few universities reap the most rewards from these practitioners.

- Tensions and trust-related issues often exist between academics and entrepreneurs-in-residence (EiRs) because there are many differences between practitioners and academics.
- In addition, both entrepreneurs and administrators lack clarity on the roles EiRs should play. When EiRs and institutions are slow to collaborate, EiRs feel disconnected from the university system.
- To make entrepreneurs-in-residence programs more effective, universities should develop clear policies, involve practitioners in their institutional decision-making, and provide them with the right mix of freedom and oversight.
- Universities also should appreciate the differences between academics and professionals, urging them all to set aside egos so they can work toward the common good.

Year2025
PublisherAACSB Insights
Web address (URL)https://www.aacsb.edu/insights/articles/2025/04/boosting-the-role-of-entrepreneurs-in-residence
Output statusPublished
Publication dates
Online14 Apr 2025
Publication process dates
Deposited03 Jun 2025
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