From THE’s website (excerpts):
Times Higher Education is developing plans for a pioneering ranking focused on universities’ impact on society, to be launched at THE’s Innovation and Impact Summit in South Korea in April 2019.
Confirming that the 2019 Innovation and Impact Summit will be held in partnership with one of the world’s leading research and technology universities, Korea Advanced Institute of Science and Technology (KAIST), Phil Baty, THE’s editorial director for global rankings, also announced that THE has begun to collect new data on university-business interactions, with plans to consult on a range of new performance metrics for a ranking to be launched and debated at the summit.
“Times Higher Education is delighted to be building on its 15 years of experience in global rankings and data analysis to develop, in full partnership with the global university community, new performance indicators in this exciting emerging area. After exploring some of our ideas at our inaugural Innovation and Impact Summit in 2017 with the Hong Kong Polytechnic University, there is no better place to scrutinise and explore the resulting datasets and analyses than at one of the world’s most high-impact institutions, KAIST, in a country that completely transformed its economy in a matter of decades through research and innovation.”
Currently, THE collects data on the research income universities attract from business and industry, which forms one of 13 performance indicators in its World University Rankings. But a new pilot data collection exercise has been initiated in parallel to data collection for the World University Rankings, covering:
- Income from business consultancy
- Turnover of all active spin-off activities
- Number of active spin-off companies (active for at least three years) – broken down by those with some institutional ownership and those not owned by the institution.
The data could be combined with a range of existing datasets, for example on university-industry co-authored research publications, and patent and licensing data, to form a final ranking.