Universities Need to Be Run Like Startups Infographic

Why Universities Need to Be Run Like Startups Infographic

Universities that prepare students for a creative economy prioritize the same three things that drive successful startup cultures:

1. Density
   1. Physical proximity is important
   2. Silicon wouldn’t have risen to preeminence without Stanford and Berkeley
   3. Cultural connection brings entrepreneurial processes
   4. Density is expensive:
      1. To unleash the potential of density, communities need nurturing:
      2. Bars
      3. Eateries
      4. Coffee shops
      5. Housing
   5. Universities foster this density
   6. It is hard to top the collaborative potential of a thousand online students
2. Shared Resources
   1. Education and innovation initiatives minimize expenses by pooling resources:
   2. Co-working spaces
   3. Labs
   4. Prototyping facilities
   5. Online Courses cannot teach biology with lab based exercises
   6. This is an advantage of Universities, but they need to act on it:
   7. Stop restricting access by department or major
   8. Don’t tie use of facilities to intellectual property policies
   9. Need to partner with other universities to enforce tuition differentials
3. Nurturing Communities
   1. Websites vs campus communities
   2. It is difficult to build relationships online
   3. Universities foster real networking
   4. Breaking down the silos of disciplines in the traditional university is key
   5. Entrepreneurship students working with engineers
   6. Designers working with computer information system majors
   7. There are many areas that universities have the advantage
   8. They just have to embrace them and act
   9. Or risk becoming obsolete