This paper focuses mainly on social aspects concerning trust and network, especially in higher education institutions. Trust plays a crucial role as social capital and is an important factor of social order, especially in countries in transition. The hypothesis that low trust is one major problem of entrepreneurship will be examined. In low-trust environments, trust is abused as soon as it is placed instead of being honored. Different strategies to avoid the abuse of trust, like control by contracts etc., are not useful instruments. Whether networks help to increase trust is discussed briefly in this paper.
Universities worldwide are in a process of change. In these change processes, the entrepreneurial universities play a great role. Due to the lack of resources, income generating becomes an important activity of universities. Although research is a quite different activity from entrepreneurial ones, the paper examines the interrelationship between both activities prospectively.