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:
“A penniless man who has no ties to bind him is master of himself at any rate, but a luckless wretch who is in love no longer belongs to himself, and may not take his own life. Love makes us almost sacred in our own eyes; it is the life of another that we revere within us; then and so begins for us the cruelest trouble of all.”
—Honoré De Balzac (1799–1850)
“It is while we are young that the habit of industry is formed. If not then, it never is afterwards. The fortune of our lives therefore depends on employing well the short period of our youth.”
—Thomas Jefferson (1743–1826)