Mexican university spends $100M to recruit first-world talent

Image:  Mexico’s Monterrey Institute of Technology is making a push for global prominence, outlining a strategy to hire 100 elite scholars from first-world institutions in more than a dozen academic fields. The five-year plan is predicated on hopes for substantial new philanthropic support at the private 30-campus operation and animated by a long-term desire to draw greater academic talent into the developing world. Its initial eight hires for the $100 million Faculty of...