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University inventions are increasingly transferred to industry by market mechanisms involving licensing and start-up ventures. This chapter explores the ways in which entrepreneurship education can benefit the professionals involved in this process. We focus on graduate education since the professions typically involved require one or more graduate degrees, such as the Doctor of Philosophy in the case of scientists and engineers or professional degrees such as the Master of Business Administration or Doctor of Jurisprudence in the case of business professionals or attorneys. Introducing entrepreneurship education to graduate programs presents a challenge since graduate education is highly structured. We present a model that preserves the in-depth disciplinary structure of degree programs while bringing Ph.D. students in science and engineering together with MBA and JD students to explore the interface of technology, business, and legal issues in commercialization of the science and engineering student's research.

In 2004 and 2007, the Kauffman Foundation awarded 18 universities and colleges $3–5 million dollars each to develop radiant model entrepreneurship education programs and campus-wide entrepreneurial ecosystems. Grant recipients were required to have a senior level administrator to oversee the program who reported to the Provost, President, or Chancellor. Award recipients included Syracuse University (2007) and the University of Rochester (2004). Cornell was not a Kauffman campus. This chapter explores three case studies in the radiant model of university-wide entrepreneurship education as deployed at Cornell University, The University of Rochester, and Syracuse University. The authors examine the history, accelerators, and challenges of the radiant model of university-wide entrepreneurship education.

This chapter uses a college-by-graduate degree fixed effects estimator to evaluate the returns to 19 different graduate degrees for men and women. We find substantial variation across degrees, and evidence that OLS overestimates the returns to degrees with the highest average earnings and underestimates the returns to degrees with the lowest average earnings. Second, we decompose the impacts on earnings into effects on wage rates and effects on hours. For most degrees, the earnings gains come from increased wage rates, though hours play an important role in some degrees, such as medicine, especially for women. Third, we estimate the net present value and internal rate of return for each degree, which account for the time and monetary costs of degrees. Finally, we provide descriptive evidence that satisfaction gains are large for some degrees with smaller economic returns, such as education and humanities degrees, especially for men.

There has been an ongoing debate regarding where a university should house entrepreneurship programs. Should they be in the business school, at the central administration level, or housed in another college such as engineering? Many argue that the entrepreneurship programs should be housed where the best ideas come from (i.e., engineering, computer science, or biosciences). Others strongly argue on traditional lines that entrepreneurship involves essential business tools so the programs need to be housed there. This chapter asserts that the debate over location is moot in regards to how to more effectively launch start-ups and create entrepreneurial talent. For a university to be effective, it needs to build an ecosystem that integrates programs, people, and ideas from across the campus and avoid the traditional silos that schools and colleges create. A model for this from the University of Missouri-Kansas City is used to illustrate an effective university entrepreneurial ecosystem.

Creating our built environment is largely the responsibility of the dynamic and complex construction industry. This business is made up of a wide range of people who work together to construct buildings and infrastructure projects, from contractors and labourers to architects and engineers. Aside from its observable results, the construction sector has a particular culture and atmosphere that are formed by a special fusion of history, creativity and teamwork. The culture and environment in which the construction industry functions are the main topics of this section of the book.