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Based on Institutional Theory, in this theoretical essay we aimed to create a model that could explain the development of the entrepreneurial turn of universities. As a result, we suggest the following theoretical proposition: universities’ entrepreneurial turn is contingent on institutional work and may be understood as a result of a confluence of inward and outward forces that are shaped through a historical and recursive interplay between regulative, normative and cultural-cognitive pressures, conjointly derived from each actor of the Triple Helix, that is, the state, the industry - or society in a broader sense - and academia. Our main theoretical contributions consist of : (a) placing the universities’ entrepreneurial turn at the epicenter of all the competing institutional pressures and logic when it comes to innovation creation; (b) characterizing the universities’ entrepreneurial turn as a result of the recursive interplay between regulative, normative and cultural-cognitive pressures, conjointly derived from each actor of the Triple Helix; and (c) stressing the fundamental role of the institutional work performed by institutional entrepreneurs in the process of developing the universities’ entrepreneurial turn.

Institutional Pressures, Institutional Work and the Development of Universities' Entrepreneurial Turn