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:
“The ties between gentle folk are as pure as water; the links between scoundrels are as thick as honey.”
—Chinese proverb.
“As our boys and men are all expecting to be Presidents, so our girls and women must all hold themselves in readiness to preside in the White House; and in no city in the world can honest industry be more at a discount than in this capital of the government of the people.”
—Jane Grey Swisshelm (1815–1884)