Since World War II, universities around the world have been relied on to convert public funding into knowledge and products that help drive the global economy. So how can potential partners, investors, faculty and students know if an institution is really transforming science and technology and impacting the global economy? To answer that question, Reuters set out to find and rank the world's top 100 innovative universities empirically, building a methodology that employs 10 different metrics. The criteria focused on academic papers, which indicate basic research performed at a university, and patent filings, which point to an institution's interest in protecting and commercializing its discoveries.
The process began by identifying the 500 academic and government organizations that published the greatest number of articles in scholarly journals from 2008 to 2013, as indexed in the Thomson Reuters Web of Science database. The list was cross referenced against the number of patents filed by each organization during the same time period in the Derwent World Patents Index and the Derwent Innovations Index. Patent equivalents, citing patents and citing articles were included up to July 2015.
Criteria: Patent Volume, Patent Success, Global Patents, Patent Citations, Patent Citation Impact, Percent of Patents Cited, Patent to Article Citation Impact,Industry Article Citation Impact, Percent of Industry Collaborative Articles and Total Web of Science Papers.
Stanford tops the list and list also includes universities from S.Korea and China.
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