University education is important for students that want to improve their competitiveness upon graduation. Rankings help students figure out what are some of the best schools available (Before you jump to any conclusions make sure you read what any survey or study is actually measuring. Sometimes it might be studying cost, post-graduate income, grades, or things like student satisfaction.) U.S. News Announces 2022 Best Global Universities Rankings for an interesting article.
The following countries were ranked based on academic research:
U.S. 271China 253
Japan: 93
U.K. 89
Germany 70
Research is highly important for nations like the U.S.. According to the article U.S. University R&D Funding Falls Further Behind OECD Peers on Information Technology and Innovation Fund (ITIF) the U.S. is falling behind other major countries and would need about 90 billion a year increase to keep pace. That of course is an administrative and legislative issue. Yet, it is possible to further declining industry investments that lead to stronger government and industry practical outcomes.
Side note: I'm working on research on economic clusters. What is possible is that when industries and government have a focus as it relates to a specific industry cluster needs they are likely to improve the amount of investments based on the prospect of innovative discoveries within a willing industry proto-type and manufacturing support system realized in same locality with proper support (virtual and physical). A cluster is defined in this instance the unique skills, resources, investments, innovation, wider industry-manufacturing support, etc... that heighten the likelihood and time from taking idea to product. That could help national growth significantly.
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