21 Sep '11, 5am

"The University as the True Hub of Green Innovation?"

"The University as the True Hub of Green Innovation?"

Stanford University has long held a tradition of innovation. The legendary tech startups, such as Yahoo and Google, that were founded by Stanford students in its hallowed halls is now the stuff of legend in SIlicon Valley. (In fact, Sun Microsystems got their original name as an acronym for Stanford University Network.) Billions of dollars have literally walked off campus, yet this atmosphere of innovation continues today. Other universities share in this tradition. At MIT, for example, alumni have founded 25,800 companies which generate revenues of about $1.9 trillion a year. While you could argue that if Stanford had an agreement that gave them even one-tenth of 1 percent of anything created by their students, they would have an endless endowment worth billions. But perhaps this would scare off the future tech billionaires from ever matriculating in the first place. Inst...

Full article: http://sustainableindustries.com/blogs/sustainable-buildi...

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