New ‘World Class’ Universities: Cutting Through the Hype

October 20, 2011

In today's global economy, where money and ideas change hands at a dizzying speed, and generating sophisticated innovation and knowledge are the new sources of growth and wealth, it can be tempting for many countries to try to tap into that wealth by establishing elite research universities from scratch. After all, top-tier universities are outpacing the smartest companies in the world with their original research.