“Cornell University has a $4.4 billion (£2.8 billion) endowment, the global prestige enjoyed by Ivy League institutions and a picturesque campus nestled close to the national parks and waterfalls of upstate New York: a location that ‘inspires love at first sight’, according to the university’s website.
Yet Cornell casts envious eyes towards Boston and California’s Silicon Valley: to the Massachusetts Institute of Technology and to Stanford University, with their reputations for turning out graduates who create successful technology-led businesses.
That yearning for more recognition in the creation of start-ups was a driving force in Cornell’s decision to enter the contest - which it won in December - to build a science and engineering graduate campus in New York City, more than 200 miles from its home campus in Ithaca.”
(Source: The Higher Education)
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