Economic Development Futures Journal

Thursday, September 21, 2006

counter statistics

Ohio's Top Research Universities' Economic Impact

An earlier study captured the economic impact of Ohio's three largest research universities.

Among the study's findings, based on 2004 data:

-Collectively, Case Western Reserve, Ohio State and the University of Cincinnati have 35,257 full- and part-time employees, plus another 21,800 part-time student employees.

-They support another 10,400 Ohio jobs through in-state purchases of goods and services.

-Their revenues total $3.8 billion, of which only 19 percent is from state appropriations.

-Directly and indirectly, they account for more than 68,000 jobs and $6.2 billion of economic activity statewide.

-They enroll more than 86,734 undergraduate and graduate students, nearly 23 percent of all four-year university students in the state, 80 percent of whom are Ohio residents.

-They account for 80 percent of the university research in the state.

-The over $1 billion in sponsored research pursued at the universities is funded 63 percent by federal grants and contracts, 12 percent from corporations and foundations and 11 percent by state and local government.

-The universities' affiliated medical centers are responsible for 60 percent of all research spending ($608 million).

Download the report here.

0 Comments:

Post a Comment

<< Home