"American research universities are among the nation's most powerful engines for domestic economic growth, and funding to sustain their research brings strong returns in the form of new industries, businesses and jobs." In the Milken Institute report UNC Charlotte ranked 43 out of 225 research institutions in the US for their prowess in developing basic research into new technologies, products and companies.
According to their recent report Concept to Commercialization: The Best Universities for Technology Transfer, The Milken Institute finds "Innovative activities – and their commercial applications – are driving long-term economic growth in America. While industry energizes innovation through research and development (R&D) initiatives, the main catalyst that fuels knowledge-based growth once again lies where it started: the American research university. As new, bi-directional information exchanges open up between academic and industry researchers – as opposed to past linear models – more commercially attuned knowledge exchange is shared, leading to a rise in entrepreneurial success and economic impact."
Read full report here.