This book analyses the transformation of the University's role in society as an expanded on involving economic and social development as well as teaching and research.

Introduction: MIT and the Rise of the Entrepreneurial University1. The Second Academic Revolution2. MIT: the Founding of an Entrepreneurial University3. Controversy Over Consultation4. The Traffic Among MIT, Industry and the Military5. Knowledge as Property: the Debate Over Patenting Academic Science6. The Regulation of Academic Patenting7. Enterprises from Science: the Origin of Science-Based Regional Economic Development8. The Invention of the Venture Capital Firm: American Research and Development9. Stanford and Silicon Valley: Enhancement of the MIT Model10. Technology Transfer Universalized: the Bayh-Dole Regime11. The Making of the Entrepreneurial Scientists12. Innovation: the Endless Transition