Stanford-affiliated firms generate $2.7 trillion a year Issues Beyond Palo Alto, posted by Editor, Palo Alto Online, on Oct 29, 2012 at 11:30 am
Companies formed by Stanford University graduates or professors generate global revenues of $2.7 trillion annually and have created 5.4 million jobs since the 1930s, according to a study that attempted to quantify the contributions of Stanford-affiliated entrepreneurs.
Read the full story here Web Link posted Monday, October 29, 2012, 9:50 AM
Posted by Wondering?, a resident of Another Palo Alto neighborhood, on Oct 29, 2012 at 8:35 pm
The world-wide GDP is about $53T. Stanford's $2.7T seems like a significant portion of the world's total economic output. Wonder if anyone writing this report considered this little point.
Posted by Ducatigirl, a resident of the Old Palo Alto neighborhood, on Oct 29, 2012 at 9:18 pm Ducatigirl is a member (registered user) of Palo Alto Online
Stanford is to the present technology what Edinbugh University was to the Industrial Recolution. It is as simple as that!
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