The literature review combines uniquely writing from three academic domains: strategic management of HE (particularly internationalisation), entrepreneurship in HE and corporate entrepreneurship. This combination is applied to the internationalisation of UK universities to establish areas of overlap and to propose that an emergent strategic approach, resulting in an ‘umbrella strategy’ for internationalisation, is most appropriate and can be effectively executed in HE through corporate entrepreneurship. The review uses research and concepts from both private and public sectors. It recommends the adoption in HE of a broader definition of entrepreneurship and an ethical approach to internationalisation in order to appeal to the values of academics. Entrepreneurship can be conceptualised as part of university culture, and, as such, central to the execution of internationalisation