Research and Development Expenditures
Why is this important?
These data measure the competitiveness of the states, and the postsecondary institutions within them, in generating cutting-edge research that is associated with a strong economy and high paying jobs. They measure research and development expenditures in the areas of medicine, science, and engineering and include only the R&D expenditures generated by postsecondary institutions (not including federal labs). The metrics provided here are: total R&D expenditures per capita, federal R&D expenditures per capita, and federal R&D as a percent of total R&D.
What are the policy implications?
R&D expenditures vary substantially across states - not only in the amount but also in the distribution of expenditures by source. The most competitive states contain institutions with high R&D expenditures - largely from federal sources. The reason is that research funded by federal sources doesn't detract from state or institutional budgets. The same is true for research funded by industries. While states and institutions within the state may use institutional, state and local funding sources to support important research, the primary goal should be to arrive at a position where the majority of funds for research come from external sources. One step toward achieving this goal is to increase the ability of institutions to attract and retain the best and brightest research faculty.
Other factors to consider:
R&D expenditures also are used, along with many other measures, to derive the State New Economy Index - Progressive Policy Institute. For more information on R&D expenditures by state, institution, source, discipline, etc see the National Science Foundation.
Data sources and related links:
National Science Foundation http://www.nsf.g ov