In a global economy, the U.S. has one asset that has yet to be duplicated: the ability to turn university innovations into high-growth companies. That's exactly where Carnegie Mellon University shines.
Innovations in mobile technology software and hardware
Student chemists research in campus labs
Roboticists, artists and computer scientists collaborate
Students, faculty and researchers rethink urban design
Researchers use skin as input device for mobile systems
Consider this:
- CMU ranks first among all U.S. universities without a medical school in the number of startup companies created per research dollar spent since 2007, according to the Association of University Technology Managers.
- Home to 118 research institutes and centers, CMU's award-winning professors and students produce an average of 15-20 new companies each year.
- CMU's on-campus resources drive innovation that spurs economic growth, helping to greenlight more than 300 companies and 9,000 jobs in the past 15 years.
- CMU spin-offs represent 34 percent of the total companies created in Pennsylvania based on university technologies in the past five years.
- Cutting-edge companies such as Google, Apple, Disney, Intel and Lockheed Martin have taken notice of CMU's history of success in research, innovation and entrepreneurship and have opened space on or near campus. Due to their success, Google has expanded to a significantly larger Pittsburgh location — an ideal scenario for furthering our entrepreneurial environment.
- Universities across the U.S. have begun adopting CMU's comprehensive approach to fostering growth for commercial enterprises. Our Greenlighting Startups model itself may be one of our finest inventions.
- Carnegie Mellon University's tech-transfer process is anchored by what we call the Five Percent, Go in Peace approach — a first-of-its-kind spin-off model for academia.
Innovation Ecosystem
Carnegie Mellon University has quickly become one of the fastest growing entrepreneurial universities in the United States.
CMU creates an environment in which top talent generates and pursues groundbreaking ideas, and then transforms those innovations into viable commercial businesses.
The work that originates at CMU — from software engineering and robotics to advanced materials, design and everything in between — is driven by people whose thinking knows no boundaries.
The potential for the next big idea is unlimited.
On-Campus Resources
The organic blending of information and experience across academic disciplines is a characteristic that has long set CMU apart from its peers. While that uninterrupted dynamic is essential for innovation, the incubation of ideas and opportunities that result is by no means left to chance.
The following on-campus resources drive innovation that spurs economic growth, helping to greenlight more than 200 companies and 9,000 jobs in the past 15 years.