Industrial as well as Small, Medium and Micro Enterprise development, based on Innovations and Technology is one of the most effective ways of helping the increase of manufacturing effectiveness in all parts of the World. Accordingly, Innovations and Technology Development are the most appropriate way to promote and stimulate innovation activity in both scientific community and the industrial sector. This way the partnerships between the academia, research community and the industrial facilities in both public and private sector should be a back bone of further development of each society. Based on those facts, part of the research activities of any academic institution should also be dedicated to increase entrepreneurial potential of the university students and development of the innovative approaches which will lead to larger correlation between large industry, SMEs and universities. This leads to high necessity of promoting the entrepreneurial university concept, as the only potential way to motivate old European academic institutions to change in the direction of commercialization of their research work.

1. Ivan Mihajlovic
University of Belgrade, Technical faculty in Bor,
Engineering Management Department Vojske Jugoslavije 12, 19210 Bor, Serbia

2.  Industrial as well as Small, Medium and Micro Enterprise
development, based on Innovations and Technology is one of the
most effective ways of helping the increase of manufacturing
effectiveness in all parts of the World.
 Accordingly, Innovations and Technology Development are the most
appropriate way to promote and stimulate innovation activity in both
scientific community and the industrial sector. This way the
partnerships between the academia, research community and the
industrial facilities in both public and private sector should be a
back bone of further development of each society.
 Based on those facts, part of the research activities of any academic
institution should also be dedicated to increase entrepreneurial
potential of the university students and development of the
innovative approaches which will lead to larger correlation between
large industry, SMEs and universities. This leads to high necessity of
promoting the entrepreneurial university concept, as the only
potential way to motivate old European academic institutions to
change in the direction of commercialization of their research work.

3.  “Society needs engineers who not only solve
engineering problems, but who can
participate in bringing ideas and products to
market.” (Frank Huband, Director, American
Society of Engineering Educators)
 Not that easy without proper skills and education
 Few number of “natural born entrepreneurs”

4.  Engineers – without business knowledge
 Management and Business graduates – Without
technology knowledge
 Why ?
 The most important issue
in increasing innovativeness is
to bridge the Gap between
Technology and Business
knowledge of graduates
- STRONG RESISTANCE TO
CHANGE

5. The concept of
Entrepreneurial
University

6.  The mutual relationship between the university and
industry through the exchange of knowledge has become
a global trend
 The role of the entrepreneurial university is not simply
producing new knowledge, but also disseminating this
new knowledge to industry and society
 The lack of entrepreneurial role models, the absence of an
entrepreneurial culture across the institution, and the
reward system are some of the main barriers in increasing
the entrepreneurial patterns of the universities
 H2020 calls, which are directly based on acceleration of
cooperation between universities and industry, Industrial
leadership - Innovation in SMEs
(https://ec.europa.eu/research/).

7. Figure 1. Seven factors for assessing the entrepreneurial
activities of the universities as defined by EC-OECD

8.  UB: 89.000 students and 5.000 teachers and
associates.
 It comprises 31 faculties, 11 Institutes, 7
Centers and a University library
 The UB is ranked among the top 400
universities in the world, according to the
Shanghai list.
 Center for technology transfer of the UB since
2010.

9. ◦ improving the possibilities for efficient and effective implementation of
scientific and research results achieved at the University, with the goal of
developing the economy and the society,
◦ encouraging the transfer of knowledge between the University and the
economy,
◦ support for the placement of new technologies and innovations,
◦ linking relevant subjects, establishing a network and collaboration with the
aim of intensifying the technology transfer,
◦ developing knowledge and skill in the protection and use of patents and
other forms of intellectual property in the process of technology transfer,
◦ strengthening the awareness about intellectual property and the capacity
for technology transfer at the University,
◦ providing general information on intellectual property,
◦ expertise and support in drafting feasibility studies in the fields of
economy and technology, as well as the assessment of the value and total
potential in the use of patents,
◦ help in establishing new innovation centers, incubators and business and
technology parks which are founded by the University and the faculties
that are part of the University.

10. Mihajlovic, Ljubenovic, Milosavljevic, Preparing the Base for Entrepreneurial
University: Academic Activities and Directions of Knowledge Transfer at
Technical Faculty in Bor – University of Belgrade – Serbia, Journal of
Entrepreneurship and Innovation, 7(2015)

11.  Found in 1961 as the member of UB
 Faculty employs following teaching staff: 14
Professors, 14 Associate professors, 20
Senior lecturers, 4 lecturers, 32 Teaching
assistants.
 1400 students at BSc, MSc and PhD level
 Four departments
 Conections with industry – present
 Downsizing – SMEs – conecting the future
 EMD – response – entrepreneurial education

12.  Technical faculty in Bor is the only accredited
partner of this program in Serbia
(http://www.life-global.org/ ).
 The program was originally developed as the GET
IT project, managed by Micro Enterprise
Acceleration Institute - MEA I (Switzerland).
 Since the early beginning of this program was in
2008, when MEA-I and HP developed GET-IT
project, Technical faculty in Bor was actively
involved.
 As a participating organization, Technical faculty
in Bor, received grant of HP equipment, the T-
Tools Guidance course for their trainers and the
T-Tools training materials.

17.  2017 – 4 High schools in
Zajecar and 4 in Bor
 2012 – 2013:
100 highschool
students, from two
schools from Bor
Since 2009 each year
up to 50 University
Students
2013 Round table for Highschool professors, supported by
RTB company

18.  TFB is strongly dedicated to include additional number of high
school students and elementary school students in the HP LIFE
educational program. Searching new fundings,
 International RESITA network (www.resitanet.eu )
 New attempts to develop entrepreneurial potential of SMEs of the
region, by giving the entrepreneurs adequate trainings and
presenting the possibilities for clustering with similar enterprises
abroad. As example of this activity, during 2014 EMD carried out
VISEGRAD fund project: „Possibilities for development of
business cluster network between SMEs from Visegrad countries
and Serbia” (http://mksm.sjm06.com/visegrad-fund-project/ ).
 Integration of diferent courses students in experimental MSc
groups (based on OPEN world program)
http://aseestant.ceon.rs/index.php/sjm/article/view/8558/pdf
 IPA cross border cooperation with Vidin region in Bulgaria