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Together with the University of California at Berkeley in San Francisco’s North Bay, Stanford forms the academic hub of the Western United States and runs institutions such as the SLAC National Accelerator Laboratory and the Hoover Institution. According to statistics, as of April 2021, 84 Stanford alumni, professors and researchers have won the Nobel Prize (seventh in the world), 29 have won the Turing Prize (first in the world), and 8 have won the Fields Medal (seventh in the world).
Stanford university is ranked third in The Times Higher Education World University Reputation Rankings for 2019-20. In 2020-21, Stanford is ranked 3rd in the U.S. News World University Rankings, 2nd in the QS World University Rankings, 4th in The Times Higher Education World University Rankings, and 2nd in the Academic World University Rankings for Soft Science.
Stanford laid a solid foundation for the formation and rise of Silicon Valley. It has trained many leaders of high-tech companies, including the founders of HP, Google, Yahoo, Nike, Logitech, Snapchat, Electronic Arts, Sun Micro, NVIDIA, Cisco, and LinkedIn. In addition, Stanford’s alumni include 30 wealthy entrepreneurs and 17 NASA astronauts, and it is one of the institutions of higher learning that produces the most members of the U.S. Congress. Stanford is second only to Harvard, according to the 2019 List of ultra-high-net-worth college alumni released by research firm Wealth-X.
Stanford didn’t take off until after the 1970s, and that was because Stanford was so big, over eight thousand acres, with so much space available. So in 1951, Frederick Terman, the dean of the engineering school, had an idea — and this was the turning point for Stanford: One thousand acres will be leased at a very low, only symbolic land rent, long-term to the industrial and commercial industry or alumni to set up a company, and then they cooperate with the school to provide a variety of research projects and student internship opportunities. Stanford became the first university in the US to establish an industrial park on campus.
Benefited from out of the land in return for huge harvest this suggestion, Stanford makes herself in the forefront of the United States: “the enterprises in the industrial park opened one after another, soon is beyond the scope of Stanford can provide land, expand outward development, formation of cutting-edge science and technology, talent highland’s” Silicon Valley of California (Silicon Valley, also translated “Silicon Valley).
Surrounded by technology conglomerates and corporations, Stanford is closely associated with high technology, with business and, more importantly, with pragmatism and pioneering spirit, the quintessential “American spirit.” With the rise of the “high-tech belt” in the West coast of the United States, various computer companies, including the “darling of the century” Microsoft, have set up camp in this line. Stanford University plays an increasingly important role. Since then, Stanford University has become the core of Silicon Valley and the center of scientific and technological innovation in the world.