UMKC has been ranked number one in the world for innovation management research by the Journal of Product Innovation Management (JPIM), a leading innovation management academic journal. *
Every five years, JPIM ranks research productivity around the world. In the past, the journal only ranked the research of innovation scholars. This is the first time it has ranked universities.
The ranking is based on a review of research produced over the past 20 years. In 2011, JPIM ranked 625 universities world-wide on research topics focusing on the latest trends and future research directions in innovation management.
Following UMKC on the list are Massachusetts Institute of Technology (M.I.T.); Michigan State University; INSEAD, a business school with campuses in Europe, Asia, the Middle East and the United States; Harvard University and the University of Pennsylvania (tied for fifth place); Texas A&M University and Northeastern University (tied for seventh place); Stanford University; and Delpt University of Technology (Netherlands) and Temple University (tied for tenth place).
UMKC’s top ranking was driven by research productivity in the Henry W. Bloch School of Management’s Department for Global Entrepreneurship and Innovation and the Institute for Entrepreneurship and Innovation. Three Bloch School entrepreneurship faculty members, Michael Song, Mark Parry and Lisa Song were also ranked by JPIM among the top 50 innovation management scholars in the world, with Michael Song ranked as the world’s No. 1 innovation management scholar again, and Parry ranked number four. It was the collective work of the three scholars that propelled UMKC to the top of the world rankings.
UMKC announced the ranking at a special event on Dec. 5 at the Kauffman Foundation Conference Center. Several civic leaders, including; Jim Heeter, Chair, Greater Kansas City Chamber of Commerce; Carl Schramm, President and CEO of the Kauffman Foundation; Laura McKnight, President and CEO of the Greater Kansas City Community Foundation; Peter deSilva, President and CEO of UMB Financial Corporation; Kansas City Mayor Sly James; Henry Bloch; Dean Teng Kee Tan, Bloch School,; and Chancellor Leo Morton.
*An article about the world ranking will appear in the March 2012 issue of JPIM.