David Teece (pictured), chairman and principal executive officer at Berkeley Research Group and also Thomas W. Tusher Professor in Global Business, Haas School of Business, discusses a new role for boosting entrepreneurship, in an article first published by Huffington Post.

As much as we celebrate new technology and treat successful entrepreneurs like rock stars, there is still a tension at many universities between the mission of fundamental research and the quest to commercialize new breakthroughs.

These competing goals have tied universities in knots for decades. Will “pure” science–knowledge for the sake of knowledge–be cheapened by commercial priorities? How can professors even teach properly if they are preoccupied with starting companies and getting rich?

And even if universities want to encourage…

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