Not just in the world of business, but also in the educational field, the most oft-cited word is ‘innovation’. But, the fact is that the usage of this term is highly inconsistent. It is actually a hard to measure arena and this sort of immeasurability can bring a huge roadblock to the technological and economic development of a country.
How about educational field?
Right from the Second World War, universities from around the world have been relied on for conversion of public funding into knowledge and products that can bring about an improvement in the international economy. Here comes the question how can students, faculty members, investors and potential partners get to know whether their institution is actually making changes to the science and technology. Also, they wish to know whether a positive impact is brought about in the global economy by the institution.
Reuters to give answer to this question:
With a view to provide answer to this question, Reuters, the international news agency has decided to identify and rank the world’s top 100 innovative universities on the basis of observation and experiment with the help of a method that employs 10 varied metrics.
When ranking the top universities, Reuters, paid attention to educational papers that show case fundamental researches performed at the university, its patent filings that state the interest in safeguarding the interest of the university and commercializing the findings. The list was compiled by the Intellectual Property & Science business of Thomson Reuters. It was compiled with the help of analysis devices and proprietary data.
Leading the list:
The international list of top 100 innovative universities is topped by the Stanford University. This university has earned the top position because of her innovation in the fields of computer hardware and software. The great thing about this university is that her alumni have founded some of the biggest companies all over the world, inclusive of Google, Yahoo and HP.
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