Economic Impact of Health Research
Investment: Funding sources for overall research and development (2004)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $360,900,000 | 32 |
| Industry | $99,200,000 | 41 |
| Universities | $19,900,000 | 48 |
| Non-profit | $200,000 | 51 |
| Other * | $8,800,000 | 42 |
| Total | $489,900,000 | 46 |
* Other represents funding from state and local governments and funding for Federally Funded Research and Development Centers from non-federal sources.
Source: National Science Foundation, National Patterns of R&D Resources , 2006
Economic Impact: Statistics for research-driven health
industries (2004)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 46 | $41,535 |
| Medical Device | 226 | $33,088 |
| Research, Testing, and Laboratories | 2,306 | $51,003 |
| Overall Private Sector | $33,584 |
Source: Battelle Memorial Institute and Biotechnology Industry Organization (BIO), Growing the Nation's Biotech Sector: State Bioscience Inititives 2006
Highlights from local economic impact studies
Every dollar from the state to the University of Hawaii generates $4.35 of total
business sales and $2.74 of labor earnings. Every million dollars invested in UH produces 79 jobs. Total UH
spending generated almost $2 billion in
business sales, $1.24 billion in
personal income, and 35,800 jobs.
According to Enterprise Honolulu,
the biotechnology industry in Hawaii
is small but growing. The biotechnology industry consisted of 913 employees in 37 establishments with
an annual payroll of $27.1 million
in 2001.