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Sunday, March 06, 2016

The world’s top universities for attracting industry funding

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"Times Higher Education World University Rankings data reveal the 20 best institutions based on private-sector investment per academic" reports Ellie Bothwell, International and rankings reporter at Times Higher Education and THE World University Rankings.

Photo: Corbis

Germany’s LMU Munich receives more industry funding per academic than any other institution in the world, according to Times Higher Education’s new Funding for Innovation ranking.

The university has topped a list of the world’s best 20 institutions based on their ability to secure research money from the private sector. It secured almost $400,000 (£288,500) per academic from businesses in 2013.

The US’ Duke University takes second place, with a figure of almost $290,000, while the Korea Advanced Institute of Science and Technology (KAIST) is third, with $254,700.

Europe dominates the ranking with nine institutions in the top 20, followed by Asia with seven and North America with just two. China is the most-represented nation, with four universities, led by China University of Petroleum (Beijing), which received $227,600 of industry funding per academic, in seventh. Germany, South Korea, Turkey, the Netherlands and the US have two institutions each...

The data for the THE Funding for Innovation ranking were extracted from the THE World University Rankings 2015-16. The indicator was defined as “research income from industry and commerce” and does not include public funding for universities.

Source: Times Higher Education