by Ben Sowter
The world is changing. And fast.
Higher education is no exception. In Saudi Arabia there are 28 universities, 22 of which were founded after the turn of the millenia. Economies worldwide are turning to the ever enticing notion of creating a “knowledge economy”. I read somewhere that we have generated more written content since 2003 than the in the whole of human history until that point.
In that environment – whilst rankings such as ours may treat all institutions equally – the reality is that date of establishment clearly has a part to play in the current success profile of universities. In broad terms, universities over 100 years old, and perhaps those over 50, have already reached their “terminal velocity” – the combination of reputation, government funding, scale of operation, organisational culture, international mix and alumni profile have reached a degree of equilibrium which makes radical shifts in performance – as measured by rankings or otherwise – exceedingly difficult to impose.