A key reason for businesses to move to Liechtenstein are strong public institutions, especially in the technology area. The independent university ranking U-Multirank once again confirmed the outstanding work of the University of Liechtenstein.
When companies choose a place to incorporate, several factors are key: local regulations, legal certainty, the cost of incorporating, proximity to the relevant markets, the local ecosystem, and the availability of a qualified workforce. Liechtenstein is a great place in pretty much all of these aspects. One factor that makes Liechtenstein attractive as well is often overlooked: The University of Liechtenstein.
Although it doesn’t have the international reputation of Harvard or the MIT, the University of Liechtenstein is a globally well-renowned educational and research institution. The 2021 edition of U-Multirank recently again confirmed that.
What is U-Multirank?
U-Multirank is an independent international university ranking. It compares the performances of universities in the five dimensions of teaching and learning, research, knowledge transfer, international orientation, and regional engagement. The project is funded by the European Commission, the Bertelsmann Foundation, and Banco Santander. It has ranked universities since 2014. An Advisory Board oversees the work of the U-Multirank consortium.
Top ratings for Liechtenstein
The University of Liechtenstein scored well in the latest U-Multirank. In the recently published 2021 edition of U-Multirank, it again achieved excellent ratings. More than 1900 universities from 96 countries participated this year.
The University of Liechtenstein ranks among the top 25 of all participating institutions in the category of most cited publications. A strong confirmation that research from Liechtenstein is considered top-quality internationally. In research, the University of Liechtenstein received top ratings in research publications, citation rate, and most-cited publications.
The University of Liechtenstein achieved another “very good” for the international orientation of its Master’s programs. It also ranks in the top 25 performers in the area of “International Joint Publications,” showing the university’s intensive international research networking.
Connections to the private sector
Particularly important for businesses that want to move to Liechtenstein is the interconnection between educational institutions and the private economy. The university scored well in knowledge transfer, underpinning its key role for practical application of research in the region. Among other things, it received top marks for co-authorships with commercial partners and the start-up activities of its graduates, showing that the university is well-connected with the private economy in Liechtenstein.
Also, the university has a strong focus on research and practical application in the area of digitalization. Dr. Konstantina Papathanasiou from the Univsery of Regensburg recently moved to the University of Liechtenstein to build a chair for business criminal law and digitalization starting from September 2021. “I want to create a place for discourse,” she says.
“We are pleased to see that the University of Liechtenstein plays an important and influential role in the scientific discussion and feel confirmed in our work,” said Prof. Dr. Stefan Seidel, Prorector for Academic Development at the University of Liechtenstein, about the outcome of the U-Multirank study. “By generating and imparting relevant knowledge, highly qualified specialists can be trained, and the international reputation of Liechtenstein and the region is strengthened.”
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