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Indexing third stream activities in UK universities: exploring the entrepreneurial/enterprising university

Daniel Fuller, Malcolm Beynon, David Pickernell Orcid Logo

Studies in Higher Education, Volume: 44, Issue: 1, Pages: 86 - 110

Swansea University Author: David Pickernell Orcid Logo

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Abstract

Third Stream Activity (TSA) is increasingly important to UK universities and the wider economy, through innovation and entrepreneurship. Using data from the 2009/2010 UK Higher Education Business and Community Interaction Survey, this study investigates UK universities’ TSA. Throughconsidering the d...

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Published in: Studies in Higher Education
ISSN: 0307-5079 1470-174X
Published: Informa UK Limited 2019
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa61271
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Abstract: Third Stream Activity (TSA) is increasingly important to UK universities and the wider economy, through innovation and entrepreneurship. Using data from the 2009/2010 UK Higher Education Business and Community Interaction Survey, this study investigates UK universities’ TSA. Throughconsidering the data in original and logged forms, two interpretations of TSA are investigated, in relation to entrepreneurial and enterprising university concepts. Using principle component analysis (PCA) on both data forms, four factors relating to universities’ TSA are identified. A nascent indexing approach is employed to create sub-indexes using the identified factors, weight aggregated to produce final TSA indexes (one for each form of the data). Comparisons are then made betweenrankings of universities using the two versions of TSA index, and subindexes, illustrating differences utilising the entrepreneurial and enterprising university concepts. Important questions are raised forfuture government policy in terms of promoting interventions that drive towards different TSA types
Keywords: Academic; entrepreneurship education; regions; university ranking; type of university
College: Faculty of Humanities and Social Sciences
Issue: 1
Start Page: 86
End Page: 110