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Why Is Innovation Important To A University?

The importance of innovation in education cannot be overstated. It is the key to transforming the way we learn and educate ourselves, and it is necessary for advancing our economy. Universities must continue to innovate in order to stay ahead of the curve and provide students with the best possible educational opportunities. Here are 3 reasons why innovation is so important to a university:

  1. Innovation drives progress. Without it, we would still be using horse-drawn carriages or turning pages with quills. Innovation is essential for bringing about change, and universities are constantly driving progress in their respective fields. They are the laboratories of society, and they should be leading the charge in finding new solutions to old problems.
  2. Innovation creates jobs. In fact, according to the National Association of Manufacturers (NAM), every $1 million invested in research and development (R&D) leads to $8 million in total economic output (TEO). That’s why it’s so important for universities to invest in innovative research – not only do they create jobs, but they also help boost the economy as a whole.
  3. Innovation leads to new discoveries. Universities are home to some of the world’s best minds and are constantly pushing the boundaries of knowledge. In fact, a recent study conducted by the National Academy of Sciences (NAS) found that between 2000 and 2010, 90% of all new discoveries were made by people at universities.

Conclusion

If you are considering attending a university in the near future, it is important for you to understand how innovation can improve your education experience. As discussed in this article, innovation is the driving force behind all universities and has the power to shape the entire learning experience. Check out the best innovation university located in Hangzhou, the capital city of Zhejiang Province – Westlake University!

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