The Rector of the University of Iceland discussed the importance of knowledge creation and innovation in his address to over two thousand new graduates in Laugardalshöll on Saturday. Students graduated from both undergraduate and postgraduate programmes at all University faculties.
"Almost on a weekly basis, we are reminded of how society benefits from innovation and entrepreneurship," said Jón Atli Benediktsson, pointing to the example of Marel, a high-tech company created when entrepreneurs at the University of Iceland joined forces with forward thinkers in the fishing industry.
"Marel now employs around six thousand people in 30 countries, serving clients in 180 countries," said the Rector. "The company's market value is now around 420 billion króna. It hardly needs to be said that companies like Marel create enormously diverse opportunities for university educated graduates from many different fields."
Jón Atli said that it was very important for us all to build a vibrant community where entrepreneurs at the University and individuals in the private sector have the opportunity to use their combined ingenuity to benefit society as a whole, as happened in the example of Marel. International measurements from respected institutions unequivocally show that the University of Iceland is among the leading universities in the world with regard to collaboration with industry and impact on society.
"The strategies of the University of Iceland have borne this fruit, both in the short term and the long term. The success of the University is the success of the nation," said Jón Atli, and cited the words of the former President Vigdís Finnbogadóttir – "knowledge builds the renown of nations".