The University of Oxford has been ranked in the top 10 of Europe's most innovative universities. 

Reuter's released their top 100 list today, which aims to identify which institutions contribute the most to science and technology and have the greatest impact on the global economy and the University of Oxford ranked eighth.

The ranking uses data and analysis tools from the intellectual property and science division of Thomson Reuters to understand what it means to be "truly innovative".

The criteria focused on academic papers, which indicate basic research performed at a university, and patent filings, which point to an institution's interest in protecting and commercialising its discoveries.

The most innovative university in Europe was found to be KU Leuven, a Dutch-speaking school based in Belgium's Flander region, which is one of the largest independent research organisations. 

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