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What is HEIs Third Mission

The Impact of HEIs on Regional Development: Facts and Practices of Collaborative Work With SMEs
To actively contribute to economic, technological, and social advancements by producing human, social and entrepreneurial capital.
Published in Chapter:
Innovative Practices in Teaching Entrepreneurship: DEMOLA Approach
Teresa Dieguez (Polytechnic Institute of Cávado and Ave, Portugal), Sara Lima (Polytechnic Institute of Cávado and Ave, Portugal), and Oscarina Conceição (Polytechnic Institute of Cávado and Ave, Portugal)
DOI: 10.4018/978-1-6684-6701-5.ch012
Abstract
A stronger focus on entrepreneurship could be a smart strategy for countries that wish to successfully compete in a global market based on knowledge, innovation, and creativity. Higher education institutions are expected to be closer to society as well as to their stakeholders, which means not only that they are able to fulfil their traditional teaching and research mission, but also to trigger tactics and actions that promote solutions with high added value. In fact, new challenges arise, new responses are needed, and innovative approaches are required. This study presents a case study, an innovative co-creation model (students, facilitators, and companies) carried out by the Polytechnic Institute of Cávado and Ave, in Portugal, with its teachers and students, from all study cycles. The results point to the creation of a transformative mindset, based on knowledge and attitudes towards a holistic and sustainability-oriented style.
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