MUSC in Top 5 for innovation impact from research

the camera is peering between screens to get a view of Dr. Eskandari operating

Ranking compares innovation among research institutions

MUSC joins a select group of pure medical schools recognized for innovation output as measured by the Innovation Impact Index, developed by the George W. Bush Institute at Southern Methodist University and Opus Faveo Innovation Development ranking No. 3 in the category Pure Medical Schools, above Mayo Foundation for Medical Education and Research and Baylor College of Medicine.

The index, the first–of–its–kind, measures effectiveness in translating research spending into innovation output that affects economic and societal advancement. Research spending is defined as sponsored research award funding expended in the pursuit of scientific discovery and translation. Other factors used in the index include patents, technology transfer agreements, spin-out companies, STEM graduates and research citations.

J. H. Cullum Clark, Ph.D., co–author of the index report, emphasized the importance of academic innovation. “Universities play an important role in fostering innovation in communities across the country, and that innovation drives economic growth and rising levels of prosperity,” he said.

Major research institutions are at the center of efforts to understand and combat COVID-19, leaders at the center said, adding that now more than ever, institutions that build competitive research operations around life science, biotechnology and other vital STEM fields are an essential driver of America’s economic growth and pandemic recovery, referring to science, technology, engineering and mathematics.

MUSC is the only South Carolina institution listed in the index. The university established the position of chief innovation officer in 2018, with Jesse Goodwin, Ph.D., serving in the inaugural role. “This is a huge accomplishment for MUSC, representing years of work and our combined strengths in research and STEM education as well as a robust innovation ecosystem that fosters entrepreneurship and technology transfer,” she said.