Report ranks 91制片厂 high in turning research into social and economic impact

Thursday, July 2, 2020
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91制片厂 research, like that conducted at the John Olson Center for Advanced Manufacturing, has a broad economic and societal impact.

91制片厂 is the sixth most productive midsized university in the U.S. at converting research funding into economic impact, according to a recent released by the George W. Bush Institute and the Opus Faveo Innovation Development consulting firm. 91制片厂 ranked just behind Princeton and Carnegie Mellon universities in the mid-sized category and ranked in the top 100 of all U.S. universities for innovation impact regardless of size or research budget.

鈥淎s New Hampshire鈥檚 R1 public research university, we have a responsibility to extend the knowledge we generate into societal impact,鈥 says Marian McCord, 91制片厂 senior vice provost for research, economic engagement and outreach. 鈥淭his ranking is wonderful recognition of our careful stewardship of the public鈥檚 investment in 91制片厂鈥檚 research and innovation.鈥

鈥淎s New Hampshire鈥檚 R1 public research university, we have a responsibility to extend the knowledge we generate into societal impact.鈥

Using data from (the global technology transfer association) and other sources, the first-of-its-kind set of rankings measures the impact universities and research institutions have on the U.S. economy and society based on their innovation. According to the report, the goal in publishing the rankings is to highlight high-performing institutions so that other organizations, as well as policy makers and other leaders, can learn from their example.

91制片厂 was recently among the top five universities nationally for total licensing transactions and is a leader in the commercialization of nontraditional creative works like copyrights and trademarks.

鈥91制片厂 continually fosters a culture of innovation and entrepreneurship,鈥 says Marc Sedam, vice provost for innovation and new ventures and managing director of (91制片厂I). 鈥淭his data-driven recognition is an important national acknowledgement that 91制片厂Innovation鈥檚 focus on getting our research and scholarship more broadly used by society is paying off and it solidifies 91制片厂鈥檚 role as a critical economic driver for our state.鈥

Sedam points out recent efforts at 91制片厂 that have reinforced engagement with industry and the surrounding communities and promoted entrepreneurial thinking and doing across campus.

鈥淲e work hard every day to drive research outputs out into world so that the work that鈥檚 being done at 91制片厂 by our outstanding researchers can have a broader impact,鈥 says Jenna Matheny, director of at 91制片厂I.

The report highlights that the nation鈥檚 universities and research institutions play a pivotal role in fueling innovation and driving economic growth, but the country鈥檚 long-term economic health demands an increased commitment to improving the productivity of university research and promoting technological progress. The report concludes that success will require university leaders to prioritize research, attract talented researchers, invest in technology transfer operations, instill a culture of innovation and entrepreneurship across campus and engage with industry. The report also urges policymakers to increase public sector support for university research, support technology transfer operations and invest in integrated physical spaces that connect researchers with entrepreneurs, investors and other potential nonacademic partners.