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According to a detailed analysis of academic papers and patent filings, US universities face challenges from Asian Competitors in the scientific innovation. Asian universities are a growing force in scientific innovation and have proved particularly adept at turning this into products with South Korea the home to rising tech giants such as Samsung scoring highly in patent approvals.

Stanford University is placed on the top spot in the inaugural Reuters Top 100 survey. The top nine places are all taken by US schools with Massachusetts Institute of Technology (MIT) and Harvard University ranked second and third. The Korea Advanced Institute of Science and Technology (KAIST) was 10th while Imperial College London was the highest-ranked European in 11th place.

South Korea has eight schools in the top 100 universities, while Japan has nine more than all countries bar the United States. China however had only one entry on the list in Tsinghua University, ranked 72nd. Policymakers and corporations alike rely on universities to convert publicly funded science into knowledge and ultimately new products that drive economic growth. But while academic innovation is lauded around the world, it is not easy to measure.

Populous countries inevitably score highly so it is also instructive to look at relative performance. Tiny Switzerland with a population of eight million people and two of the world`s top drug companies, stands out with three schools on the list, giving it more top 100 innovative universities per capita than any other country.