%0 Journal Article %J Technology Innovation Management Review %D 2016 %T The Concept of the Entrepreneurial University Applied to Universities of Technology in Austria: Already Reality or a Vision of the Future? %A Martin Sperrer %A Christiana Müller %A Julia Soos %K entrepreneurial spirit %K entrepreneurial university %K entrepreneurship %K HEInnovate framework %K triple helix %K TU Austria %K TU Graz %K TU Wien %X The concept of the "entrepreneurial university" is now recognized as a major driver for self-development and innovation and as an appropriate response to succeeding in highly turbulent and unpredictable markets. This article outlines and evaluates the current implementation of this concept at the universities of technology (TU) in Austria. First, to evaluate the status quo, a review of existing programs and initiatives was undertaken at the three universities comprising the "TU Austria": TU Graz, TU Wien (Vienna), and MU Leoben. Second, a questionnaire was designed on the basis of the HEInnovate framework and sent to representatives of the three universities and resulted in responses from TU Graz and TU Wien. The results underscore that the model of the entrepreneurial university represents the next step of development in higher education. Moreover, it demonstrates that there is still room for improvement at the TU Austria, especially in terms of fostering an entrepreneurial spirit among students. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 6 %P 37-44 %8 10/2016 %G eng %U http://timreview.ca/article/1026 %N 10 %1 Graz University of Technology Martin Sperrer is a graduate student in Production Science and Management at the Nanyang Technology University in Singapore and Graz University of Technology (TU Graz) in Austria. He holds a Bachelor's degree in Industrial Engineering and Management, also from Graz University of Technology. His key research interests focus on technical processes and entrepreneurship. %2 Graz University of Technology Christiana Müller is an Assistant Professor at the Institute of General Management and Organization at the Graz University of Technology (TU Graz) in Austria. She holds a PhD in Techno-Economics and a Master’s degree in Software Development and Business Management, both from TU Graz. The focus of her PhD was on the flexibility of business models, in particular which parts of the business model have to be flexible and which capabilities are therefore needed. Her current research topics span the area of technology-oriented business model innovation, both in established and start-up companies. She recently started a study to elaborate the influence of advancements in digitalization on business model development. %3 Graz University of Technology Julia Soos is a PhD candidate at the Graz University of Technology (TU Graz) in Austria, where she also holds a Master’s degree in Industrial Engineering and Management. She has work experience as a business consultant covering diverse industries, with a focus on marketing, customer relationship management, and process management. Her current research interests lie in competence development for entrepreneurs in high-technology industries and the concept of the entrepreneurial university. %R http://doi.org/10.22215/timreview/1026