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Bachelor’s paper was developed with the objective to carry out an in – depth study of literature source on the entrepreneurial universities, its functions and development stages of universitie. As well as to understand classical institutions of higher education and entrepreneurial universities transformation oppurtunities. As part of the job was researched 2 universities – University of Twente (entrepreneurial university) and Ventspils University, as well as carried out interviews with 3 experts.
In the research has been conscious the university development history, entrepreneurial model of universities, functions and viewed transformation opportunities form classical university to entrepreneurial university. The research paper ir valuable and useful for the both the authoress and Ventspils University, as well as other Latvias higher education institutions, because this topic in Latvia is little studied, as evidenced by the lack of literary sources.
The study results indicate that Ventspils institution of higher education has the potential to become entrepreneurial university, but the most important factor in this process is inserting the entrepreneuship in to the staff and students minds. Each universities ecosystem is important, that creates a entrepreneurial environment and provides oppurtunities to build your own business. The authoress has concluded that the entrepreneurial universities promotes regional and also all economic development, because the universities have centres, of which new knowledge gets into companies, as well as new job vacancies creations. In the research has founded, that entrepreneurial universities are possible not only in big universities with many faculties and large amount of students, but as well as small regional universities, like Ventspils University. In the research has been concluded, that in entrepreneurial

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