Furthermore, academia fosters entrepreneurship: 100 universities, with UC Berkeley, Stanford and Harvard at the helm, accounted for nearly
43 600 startup founders in 2024.
3. Through partnerships with leading companies,
educational institutions gain access to advanced technologies and industry insights, enabling them to optimize research infrastructure (often with industry sponsorship), modify research agendas, and adjust programs to sector-specific demands, thereby amplifying their social impact.
4. With
78 million new job opportunities projected to emerge by 2030, academia plays a pivotal role in addressing
labour market gaps due to the urgent upskilling needs
.