Key-Points for Developing a Positive Environment for Entrepreneurship at One University in a Conservative American Local City

Abstract

This is a case study about one local university that has nurtured a positive environment for entrepreneurs and created new ventures. The study introduces 9 points as key points to developing such an environment. The study also suggests that universities must take a strong leadership role in developing and nurturing the environment for entrepreneurs and new ventures and that the role of universities is not only to create new knowledge but also contribute to the development of local societies and local economies by creating new businesses.