Ask an expert which university has the leading university-based technology innovation ecosystem in the world and you are likely to hear them say “MIT.” A ranking of 120 universities that demonstrate a “decisive impact and significant contribution in the field of entrepreneurship and innovation” has pointed to the Massachusetts Institute of Technology as the world leader.
Joining MIT at the top of the list were (in order): Stanford University (US), University of Cambridge (UK), Imperial College London (UK), University of Oxford (UK), Technion (Israel), UC San Diego (US), UC Berkeley (US), ETH Zurich (Switzerland) and National University of Singapore (Singapore).
Conducted by MIT and the Skolkovo Institute of Science and Technology, the Technology Innovation Ecosystem Benchmarking Study released earlier this year is based on detailed interviews with more than 60 international experts across 20 countries. More than 80% of the experts identified MIT and Stanford while more than 60% identified Cambridge.
Several were consistently recognized as ‘rising stars’ including the University of Auckland (New Zealand), Aalto University (Finland) and the University of Michigan (US).
The factors used were: institutional entrepreneurship and innovation culture, strength of university leadership, university research capability, local or regional quality of life, regional or government support, effective institutional strategy and powerful student-led entrepreneurship drive.
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