unchallenged capacity to raise resources." David Willetts, the UK's universities and science minister, said: "The Times Higher Education World University Rankings 2012-13 show it is not only in Olympics sports that Britain excels...Our university sector has maintained its world-class status...but we can not be complacent. In particular, the rankings show the rapid advances taking place in East Asia and the Pacific region...In future, any country that stands still -- or moves forward only slowly -- will find itself slipping down the international league as other countries try harder, invest more and improve their research." Simon Pratt, product manager at Thomson Reuters, said: "We continue to see a high level of engagement and collaboration from participating universities. This year we had 700 institutions actively participating in the Institutional Profiles project.  This is a strong endorsement of the rigorous data collection process and analysis. As we enter the fourth year of the Institutional Profiles initiative we have the broadest and deepest set of key performance indicators on Universities globally, drawing on Thomson Reuters institutional, reputation, and citation data. This is the ideal foundation for the Times Higher Education World University Ranking."