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Useful Stats: Industry-Financed R&D Expenditures at Universities and Colleges 2003-2007
With its most recent release of academic research and development expenditures, the NSF has provided insight into the portion of funding that originates from private companies. SSTI has prepared a table showing these industry-financed R&D expenditures to academic institutions within each state from FY03 to FY07, the percent change over this period and rank, the percentage of each state's total funding originating from industry and this percentage's relative rank.
In the U.S., private companies supplied $2.67 billion in R&D expenditures to the nation's universities and colleges in FY07. California led the country with $357 million from industry. This was followed by North Carolina at $256 million and Texas at $203 million. New York, Pennsylvania, Ohio, and Massachusetts are the only other states with more than $100 million in FY07 from industry.
Over the five-year period from FY03 to FY07, Hawaii experienced the largest increase by percent, at 219 percent. This was followed by South Dakota (a 195% increase), West Virginia (139%), Ohio (134 %), Rhode Island (119%) and Oregon (111%). Even though the amount for seven states at least doubled over the five years, and contributions from industry increased by 23.6 percent in the U.S., 19 states experienced a decrease over this period.
Across the U.S., 5.4 percent of academic expenditures for R&D originated from industry. Fourteen of the states topped the U.S. average. North Carolina led, with 13.6 percent from industryfollowed by Indiana, Ohio, Hawaii and Pennsylvania.
Ohio was the only state to crack both the top ten states with the most funds from industry (ranked sixth) as well as the largest percent increases over the time period (ranked fourth). Additionally, Ohio was ranked third in terms of the percentage of academic R&D from industry.
The series Academic R&D Expenditures from the NSF is available at:
http://www.nsf.gov/statistics/pubseri.cfm?seri_id=19
Download SSTI's table at:http://www.ssti.org/Digest/Tables/040109t.htm