Ties With Industry
Through its large co-op program (the largest in the world) and many spin-off companies, the University of Waterloo maintains close ties with the high-tech industry.
UW has a long-standing intellectual property policy that leaves ownership rights with the inventor, rather than the university, which has helped create many spin-off companies that maintain a good relationship with UW. In particular, it has a strong connection with Research In Motion, the makers of the Blackberry, that goes beyond its close physical proximity. Co-founder and CEO Mike Lazaridis was a UW student before he started RIM, and was the chancellor of the university. RIM hires hundreds of UW co-op students each term and a large proportion of its employees are UW alumni.
During his visit to Waterloo in October 2005, Microsoft co-founder Bill Gates stated, "Most years, we hire more students out of Waterloo than any university in the world, typically 50 or even more."
Read more about this topic: University Of Waterloo
Famous quotes containing the words ties and/or industry:
“One theme links together these new proposals for family policy—the idea that the family is exceedingly durable. Changes in structure and function and individual roles are not to be confused with the collapse of the family. Families remain more important in the lives of children than other institutions. Family ties are stronger and more vital than many of us imagine in the perennial atmosphere of crisis surrounding the subject.”
—Joseph Featherstone (20th century)
“You must, to get through life well, practice industry with economy, never create a debt for anything that is not absolutely necessary, and if you make a promise to pay money at a day certain, be sure to comply with it. If you do not, you lay yourself liable to have your feelings injured and your reputation destroyed with the just imputation of violating your word.”
—Andrew Jackson (1767–1845)