ABSTRACT

The purpose of this chapter is to present a discussion of the theoretical framework that concerns the challenges of modern business, technological entrepreneurship, and the entrepreneurial university approach that emphasizes the definite need for effective cooperation within the triple helix: university/industry/government. The contribution consists of the development of a conceptual model of the relationships and interdependencies among the triple helix entities that are embedded in the entrepreneurial ecosystem (with a strong focus on technological entrepreneurship). The model provides a framework for designing efficient business/science/government cooperation, visualizing and shedding light on the challenges of mutual relationships; at the same time, it helps to identify, prioritize, and execute the key paths that are crucial for achieving a common goal. The research finds that the patterns of business–science cooperation can vary considerably depending on the government’s support policy and the involvement of entrepreneurial ecosystem entities.