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:
“This is a pain I mostly hide,
but ties of blood, or seed endure,
and even now I feel inside
the hunger for his outstretched hand,
a man’s embrace to take me in,
the need for just a word of praise.”
—Jimmy Carter (James Earl Carter, Jr.)
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–1895)