Bosnia and Herzegovina signed Bologna Declaration in 2003. Since then higher education institutions in Bosnia and Herzegovina have been conducting the largest higher education reform in decades. Bosnia and Herzegovina is co-chairing the Bologna Follow-up Group (BFUG) in the period of 1 July to 31 December 2012. With regard to this, the Ministry of Education and Culture of Republic of Srpska organizes the Conference which will explore in an interactive manner innovative ways of entrepreneurial learning that can empower graduated students and academic community and strenghten the linkage between university and industry . The goal of the conference will be creating entrepreneurial mindset at the university level, integrating developing entrepreneurial skills into study programmes and teacher training in entrepreneurial learning. The development of entrepreneurship at universities requires profound change in university governance and leadership.