BLOOMINGTON, Ind. -- For the fourth consecutive year, Indiana University has been recognized as one of the most innovative universities in the world.
IU is listed 54th worldwide, 32nd among U.S. universities in Reuters' Top 100: The World's Most Innovative Universities. In 2017, IU ranked 27th worldwide and 19th among U.S. universities; in 2016, it ranked 37th worldwide and 25th in the U.S.; and in 2015, it ranked 49th worldwide and 33rd among U.S. universities.
To assess innovative activity, Reuters identified institutions that published the most articles in scholarly journals from 2011 to 2016 and then narrowed the list by cross-referencing the number of patents each institution filed during the same time. Other criteria included the number of patents filed with local authorities and global patent offices, the number of patent applications that were granted, how often patents cited research papers, and the percentage of articles that featured an industry co-author.
In the 2017-18 fiscal year, the IU Innovation and Commercialization Office submitted 351 global patent applications on university intellectual property. It was issued 142 patents from the U.S. Patent and Trademark Office and global organizations.
The Reuters ranking reflects IU's progress in meeting the goals set forth in the university's Bicentennial Strategic Plan, approved in 2014 by the IU Board of Trustees. The plan calls upon IU to engage in strategic hiring, investments in technology and seed funding to support collaborative faculty research initiatives, with a focus on the grand challenges facing the state, the nation and the world.
About Indiana University Innovation and Commercialization Office
Indiana University ICO is tasked with the protection and commercialization of technology emanating from innovations by IU researchers. Since 1997, IU research has generated almost 3,200 inventions resulting in more than 4,800 global patent applications. These discoveries have generated more than $145 million in licensing and royalty income, including more than $115 million in funding for IU departments, labs and inventors.