LISTEN: Report Shows Purdue 'Running With The Big Dogs'

Posted: Updated:
(Graphic of top 25 schools courtesy of the Milken Institute.) (Graphic of top 25 schools courtesy of the Milken Institute.)

Purdue University is again being recognized nationally for commercialization and entrepreneurship efforts. The California-based economic think tank Milken Institute ranks the school tops in the Midwest and 12th overall in its "The Best Universities for Technology Transfer" report. Purdue Research Foundation President and Chief Entrepreneurial Officer Dan Hasler says the ranking shows Purdue is "running with the big dogs" like Harvard, Stanford and MIT.

In an interview with Inside INdiana Business, Hasler says the focus on commercialization at the college level is a "tide that is rising across Indiana." Efforts such as a record-breaking prototyping collaboration between Rose-Hulman Ventures and the Indiana University Research and Technology Corp., record patent approvals for the IURTC, the launch of the IDEA Center and other commercialization-focused plays at the University of Notre Dame, and records for startup launches and patents issued at Purdue. Last July, Purdue also announced a partnership with Lockheed Martin Corp. (NYSE: LMT) subsidiary Sandia Corp. concerning research and development and technology transfer.

Purdue placed at the top of the Milken Institute's list among colleges and universities without a medical school. "While we've got a lot of really good life sciences researchers at Purdue -- researchers in engineering, veterinary and pharmacy across the board -- you know, we don't have that engine that a lot of the schools have through a medical school and medical school research," Hasler said, "but despite that, we seem to be hanging with them. It's a great interim step for us, you know, we're not satisfied being in the top 12, we think we ought to be better. But after a half-decade of focused effort on this, it's a good interim goal, a good step, and we'll take it and now work for the next rungs up."

The report, which keys on activities that are considered contributors to long-term economic growth such as patents, licenses, licensing income and startup creation, was last released in 2006. Purdue has jumped 27 spots overall since and finished behind top schools including the University of Utah, Columbia University, University of Florida, Brigham Young University and Stanford University.

You can connect to the full report by clicking here.

Purdue Research Foundation President and Chief Entrepreneurial Officer Dan Hasler says the focus on commercialization at the college level is a "tide that is rising across Indiana."
  • Perspectives

    • Cyber Security: Out of Your Control - or Not?

      Good chance YOU have been a victim of a cyber security attack!  When a company gets hacked, you and other customers become the “victims” of the breach. That puts your identity at risk!  The FTC estimates 9 million Americans are victims of identity theft each year!  What’s the greatest potential for identity theft?  On-line shopping! Yikes!



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Mark Miles (left) is the CEO of Hulman & Co. (IIB Photo/Alex Brown)

      Miles: Penske "Perfect Conclusion" for IMS

      Hulman and Co. Chief Executive Officer Mark Miles says once the Hulman-George family and board of directors made the decision to pursue a sale of the Indianapolis Motor Speedway, there was interest from numerous parties, but ultimately the deal with Roger Penske represented the best possible outcome. "There are sovereign funds around the world that I know were interested and there were other major entities, terrific companies, that could transact, but Roger is the...

    • Lime is pulling its scooters and bikes from South Bend.

      Lime Bikes and Scooters Departing South Bend

      California-based Lime is pulling its lime-colored bicycles and electric scooters from the city of South Bend, according to WNDU-TV.  Lime bicycles first appeared in South Bend in 2017, followed by the addition of scooters in 2018. 

    • (image courtesy of Pixabay/.Magnascan)

      Gov. Holcomb Declares Emergency on Propane Shortage

      Citing an emergency with the state’s propane supply, Governor Eric Holcomb has signed an executive order which waives some of the time restrictions for truck drivers who haul the fuel. “The current demand for propane exceeds the locally available supply of propane,” states the executive order. Throughout the Midwest, there have been reports of propane shortages and long lines at terminals where truck drivers pick up their load of propane. The governor’s offi...

    • (photo courtesy Joseph Pete/The Times of Northwest Indiana)

      ArcelorMittal to Idle Furnace at Indiana Harbor West

      ArcelorMittal plans to idle a blast furnace at its Indiana Harbor West in East Chicago. A spokesperson tells our partners at The Times of Northwest Indiana employees will be reassigned and there will be no layoffs as a result of the move. 

    • First Merchants Bank Announces Leadership Changes

      Muncie-based First Merchants Corporation (NASDAQ - FRME) has announced a new shift in leadership. The company has elected H. Douglas Chaffin to the First Merchants Board of Directors and Tom Myers as region president for the Michigan market.