Economic Impact of Health Research

Investment: Funding sources for overall research and development (2004)

Source of R&D Funding Investment State Rank
Federal Government $271,300,000 36
Industry $674,900,000 29
Universities $24,200,000 46
Non-profit $2,300,000 49
Other * $33,500,000 30
Total $1,006,200,000 35

* 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 27 $77,366
Medical Device 936 $34,652
Research, Testing, and Laboratories 3,804 $62,190
Overall Private Sector  $29,426

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

According to a report from BIO and Battelle, The University of Idaho received a 3-year, $6 million grant from the NIH Biomedical Research Infrastructure Network program to create a network between UI, Idaho State University, and Boise State University.

The $1.8 million, 17,000 squarefoot UI Technology Incubator in Moscow provides facilites for biosciences companies.