| Summary: | Purpose – transformation of regular traditional university is a natural going process, which was affected not only by attractive theoretical or practical meaning of entrepreneurial university, but by the necessity of economic and social changes, as well. According to that, university is an important member of “Triple Helix” (University-Industry-State) model importance of collective intelligence for the implementation and development of “Third Mission” of university hybrid. “Triple Helix” model’s expansion is being proven in the upshot of analysis of scientific literature.<br />Design/Methodology/Approach – analysis of scientific literature.<br />Findings – after literature analysis, the following findings are presented: Concept of “Third Mission”; The importance of entrepreneurial university for “Third Mission’s” implementation is investigated; The importance of collective intelligence for “Third Mission’s” implementation is highlighted.<br />Practical usage – according to the necessity of fast changes for Lithuanian and for East European universities in common, it is being expected that proven importance of collective intelligence for the implementation of “Third Mission” of university will affect the research of unique interdisciplinary solutions.<br />Originality/Value – the main concept of collective intelligence is not really new, but the article explains its value for entrepreneurial university and for implementation of “Third Mission”. The development of hybrid “Triple Helix” model has not been investigated properly yet. Because of this, it is expected that the article will affect the start of new discussions and research of new solutions.<br />Research type – literature review, viewpoint.
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