In tandem came some of the world's finest research institutes, many of them part of the public-sector and multi-campus University of California.

ECONOMIST: The California dream

Participant schools include usual suspects such as the multi-campus INSEAD and National University of Singapore's NUS Business School, both of which already have partnerships with other elite business schools.

WSJ: Business School Bulletin: What's News from B-Schools

The facility is Scotland's first multi-institutional campus, providing a base for the University of the West of Scotland, Dumfries and Galloway College as well as the University of Glasgow.

BBC: Saved Dumfries campus 'worth ?300m-a-year'