Technion named 6th in world for entrepreneurship and innovation

Published on Thursday, 11 April 2013 by Webmaster

Technion named 6th in world for entrepreneurship and innovation
The Technion was ranked in sixth place in the world for entrepreneurship and innovation, in the first comprehensive survey conducted by the Massachusetts Institute of Technology (MIT).

The study was performed in collaboration with Skolkovo (the Innovation Center known as Russia's Silicon Valley). The survey aimed to identify the most innovative universities around the world.

The Technion was one of only two of the top 10 universities worldwide outside the US and Europe. (The other is the National University of Singapore.) The two top schools in the survey were MIT and Stanford University.

The survey also cited the Technion and Imperial College London among the "emerging giants whose reputation had grown considerably in recent years."

The Technion was ranked first place in answer to the question "Which universities would you identify as having created/supported highly effective technology innovation ecosystems despite a challenging environment. In addition, the Technion was rated highly in the survey as an institution that "aspires to entrepreneurship and innovation, considered among the essential ingredients for achievement."

Founded in 1912, the Haifa-based Technion — Israel Institute of Technology is Israel's oldest university. It counts three Nobel laureates for chemistry among its 600-plus faculty members.

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