Innovation and Entrepreneurship

Reuters ranks Carolina sixth most innovative university in the world

The annual list identifies and ranks educational institutions doing the most to advance science, invent new technologies and power new markets and industries.

Close-up of yellow and white CubeSat model
Patrick Gorman and assistant professor, Andrew Mann, use 3D printers in the Murray Hall Makerspace to create models of components for small satellites. (Jon Gardiner/UNC-Chapel Hill)

Reuters has ranked The University of North Carolina at Chapel Hill  No. 6 on its list of the Most Innovative Universities in the World. The annual list identifies and ranks educational institutions doing the most to advance science, invent new technologies and power new markets and industries.

Carolina rose three spots from last year’s rankings – moving up from number nine in 2018. As examples of the many commercial innovations taking place at Carolina, the study mentions the work of two: the FABRIC project and the UNC Lineberger Comprehensive Cancer Center partnership with IBM Watson.

The study cites 379 patents filed by Carolina inventors between 2012-2017 and a 35% success rate when measuring the ratio of patents filed that were ultimately granted by patent offices. The study also rates UNC-Chapel Hill with a 52.5 commercial impact score, an indicator of how often basic research originating at an institution has influenced commercial research and development activity, as measured by academic papers cited in patent filings. Carolina’s commercial impact score was well above the average score for other institutions, which was 40.5.