From The Economist: The best universities now have worldwide reach (More Hunt Report thoughts)
The Economist has a fascinating article on where the World’s leading universities are headed.
The best American universities are nothing like the stereotype of isolated ivory towers. Take the Massachusetts Institute of Technology (MIT), founded in 1861 to accelerate the industrialisation of America. Its ties with business are now intimate and global. Companies fund much of its research. Staff and students collaborate with established firms and set up a prodigious number of their own. A study in 2009 by the Kauffman Foundation, a think-tank in Missouri, estimated that MIT alumni had founded 25,800 companies that were still active, employing 3.3m people and generating annual sales of $2 trillion. “It’s a very entrepreneurial culture,” says Susan Hockfield, MIT’s president.
Will the Hunt Report deliver institutions of this type here in Ireland? (Me too).