ABSTRACT
This chapter is about third stream management, so main forms of organization of cooperation with non-academic environment are described. Third mission management is developing dynamically in formation of entrepreneurial HEIs. In the case of digital HEIs, it should grow on a large scale, but in forms and types of specialization depending on the strategy and type of the university. Progressive internationalization and the formation of cooperation networks between HEIs and the environment will probably increase the scope and field of this type of activity. If the growing trends in modern universities continue, managing diversity and sustainability may become an increasingly important aspect of the activities of the fourth wave universities.
