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For years New York City–based universities have been opening satellite campuses worldwide, whether it is New York University's sites in Abu Dhabi and Tel Aviv or Columbia University's Global Centers in Beijing and Nairobi. Technion–Israel Institute of Technology in Haifa is returning the favor in a big way, partnering with Ithaca, N.Y.–based Cornell University to build a campus on New York City's Roosevelt Island.

The purpose of this high-tech venture is to turn the 52-hectare sliver of land in the East River between Manhattan and Queens into a techno island of sorts, an incubator for start-ups akin to what Stanford University has done in Silicon Valley and Massachusetts Institute of Technology's (M.I.T.) role in the Boston area.

To read the full, original article click on this link: New Cornell Campus to Cultivate High-Tech Industry in New York City [Slide Show]: Scientific American