New York SBDC Research Network

From the National Science Foundation Higher Education Research and Development Survey, FY 2011 Universities reported that 4.9%, or $3.2 billion, of their $65 billion total in research and development expenditures in FY 2011 was funded by businesses, according to the National Science Foundation’s (NSF’s) Higher Education Research and Development (HERD) Survey. This percentage has remained very stable since the late 1970s (between 5% and 7% of total R&D expenditures) Funds Spent for Business R&D Performed in the United States: 2011 Companies spent $294 billion on research and development performed in the United States during 2011, compared with $279 billion during 2010 (table 1). Funding from the companies’ own sources was $222 billion during 2010 and $239 billion during 2011; funding from other sources was $57 billion in 2010 and $55 billion in 2011.

From the National Science Foundation : Businesses perform a large share of their research and development in a small number of geographic areas, two of the largest being the San Jose-San Francisco-Oakland combined statistical area (CSA) and the New York-Newark-Bridgeport CSA, according to data from the Business R&D and Innovation Survey (BRDIS).

I've written about state rankings from the Milken Institute before. Here's another one, called the State Technology and Science Index . Published last June, this is their third version of this survey (they do it every four years). The survey attempts to rank each state by its level of investment and commitment to high technology and science. To understand how they do this, it's easier to quote from their site: "The State Technology and Science Index looks at 77 unique indicators that are categorized into five major components: * Human Capital Investment * Research and Development Inputs * Risk Capital and Entrepreneurial Infrastructure * Technology and Science Work Force * Technology Concentration and Dynamism" As you'll notice, New York ranks 15th in their list. This is where we ranked in 2004. Massachusetts ranks 1st, and they've held that spot in each of these surveys. If you click on New York on the map, you'll see a breakdown of where we rank am...