Universities, such as MIT, Cornell, and Harvard Business School, have been recruiting entrepreneurs in residence (EIRs) in advisory roles to help students and faculty commericalise and have the greatest impact with their ideas.
Entrepreneurs in Residence (EIRs) are finding homes in academia, according to research by news provider CIO magazine, as universities become more focused on helping incubate ideas into businesses.
Universities, such as MIT, Cornell, and Harvard Business School, have been recruiting entrepreneurs in residence (EIRs) in advisory roles to help students and faculty commericalise and have the greatest impact with their ideas.
The spread of EIRs into academia follows their use by venture capital firms and also in corporations, including computer maker Dell’s Ingrid Vanderveldt (pictured) and Craig Walker at search engine provider Google’s corporate venturing unit. These EIRs are also spreading into government agencies with Texas recently passing Senate Bill 238, which authorizes the US state to hire an EIR, while the US Citizenship and Immigration Services (USCIS) created an EIR programme last year.
As Vanderveldt told CIO magazine: “A select group of…
