Abstract:
South African universities are going through a transformation and are responsible for engaging in
sustainable projects. One of the transformation reforms involves having entrepreneurial ecosystems that adopt
corporate governance. On that note, the paper explores the state of South African universities about available
strategies that enable an entrepreneurship ecosystem. Some of the strategies include policies, frameworks
and models that contribute to the entrepreneurial ecosystem. The desktop methodology is employed where
the content and descriptive analyses are utilized. There is consideration of the following themes: good governance
in universities as entrepreneurial firms; policies on the third-stream income; involvement of external
stakeholders in entrepreneurial universities, and barriers facing entrepreneurship sustainability. Corporate
governance ensures sustainability in that entrepreneurial firms are managed in a manner that does not compromise
the funds of the business and investors; produces an impactful and economic output that addresses
the needs of the community; and complies with environmental regulations.
