ECONOMIC IMPACT OF THE INNOVATION PROCESS AT THE UNIVERSITY OF DELAWARE 2010

Transcription

1 ECONOMIC IMPACT OF THE INNOVATION PROCESS AT THE UNIVERSITY OF DELAWARE 21 Total Impacts Delaware DE-MD-NJ-PA US Direct Jobs (New + Continuing) 2,155 2,225 2,595 Impacts of Direct Jobs Total New Jobs 5,933 6,97 12,59 Total New Output $ 1,329,792,468 $ 1,533,472,735 $ 2,537,617,281 Total New Labor Income * $ 461,342,5 $ 57,858,129 $ 793,198,449 Labor Income Per New Job $ 77,758 $ 72,86 $ 65,776 Total New Tax Revenues $ 122,231,241 $ 174,99,972 $ 277,21,958 * Labor income = Wages & Salaries + Benefits + Employer Payroll Taxes + Proprietors' Income

2 Industry-Performed Research and Development Expenditures as a Percent of Private- Industry Output, by State: Industrial Research and Development as Percent of Output (Top 8 States Compared to Delaware ) Delaware's rank Is Delaware Massachusetts Michigan Connecticut Washington California New Jersey New Hampshire Rhode Island US Average

3 State Technology and Science Index R&D Inputs Score (28) 1 9 State Technology and Science Index for R&D Inputs (Milken Institute) (Top 8 States Compared to Delaware ) Delaware's rank Is Delaware Massachusetts Maryland California Colorado New Hampshire Rhode Island Connecticut Washington US Average

4 State Technology and Science Index Human Capital Score (28) 9 State Technology and Science Index for Human Capital (Milken Institute) (Top 8 States Compared to Delaware ) Delaware's rank Is Delaware Maryland Massachusetts Colorado Connecticut Minnesota New York Utah Virginia US Average

5 State Technology and Science Index Overall Score (28) 9 State Technology and Science Index (Milken Institute) (Top 8 States Compared to Delaware ) Delaware's rank Is Delaware Massachusetts Maryland Colorado California Washington Virginia Connecticut Utah US Average

6 State Technology and Science Index Overall Score (28) 9 State Technology and Science Index (Milken Institute) Mid-Atlantic Region

7 Employed S&E Doctorate Holders as Share of Workforce - Percent (26) 1.9 Employed S&E Doctorate Holders as Percent of the Workforce Mid-Atlantic

8 Patents Awarded per 1, Individuals in S&E Occupations (28) 18 Patents Awarded per 1, Individuals in S&E Jobs Mid-Atlantic

9 Engineers as a Share of the Workforce (Percent): 28 Engineers as a Percent of the Workforce Mid-Atlantic

10 Computer Specialists as a Share of the Workforce (Percent): Computer Specialists as a Percent of the Workforce Mid-Atlantic

11 S&E Degrees as Share of Higher Education Degrees Conferred - Percent (27) 45 S&E Degrees as a Percent of Higher Education Degrees Mid-Atlantic

12 Industry-Performed Research and Development Expenditures as a Percent of Private- Industry Output, by State: Industrial Research and Development as a Percent of Output Mid-Atlantic

13 Income and Education for Delaware and the 1 States with the Highest Average Per Capita Income Rank State Income per Capita % of Total Wages and Salaries Earned in High Education Industries % of Workers over 25 with At Least a BA in 29 Industries in 29 % of Households Earning Less Than $25k in 29 % of Households Earning More Than $75k i $75k in 21 1 Connecticut $ 56,274 67% 36% 18% 45% 2 New Jersey $ 5,695 67% 34% 18% 46% 3 Massachusetts $ 5,133 7% 38% 2% 43% 4 Wyoming $ 48,329 47% 23% 21% 32% 5 Maryland $ 47,869 7% 38% 16% 46% 6 New York $ 47,251 71% 32% 24% 37% 7 Virginia $ 44,115 67% 33% 19% 39% 8 California i $ 43,292 66% 3% 21% 39% 9 New Hampshire $ 42,987 58% 33% 19% 39% 1 Alaska $ 42,945 6% 27% 15% 44% Top 1 Average $ 47,389 64% 32% 19% 41% 17 Delaware $ 4,284 54% 29% 2% 36%