Economic Impact of Health Research
Investment: Funding sources for overall research and development (2005)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $180,000,000 | 44 |
| Industry | $41,000,000 | 46 |
| Universities | $40,000,000 | 41 |
| Non-profit | $2,000,000 | 49 |
| Other * | $3,000,000 | 51 |
| Total | $266,000,000 | 50 |
* 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, 2007
Population (2006)
| Residents | State Rank | |
| Population, July 1, 2006 | 677,450 | 48 |
Source: U.S. Census Bureau, Annual Population Estimates, 2008
Economic Impact: Statistics for research-driven health industries (2006)
| Industry | Employment | Annual Salary |
| Pharmaceutical | ||
| Medical Device | 72 | $39,732 |
| Research, Testing, and Laboratories | 425 | $44,632 |
| Overall Private Sector | 231,524 | $40,568 |
Source: Battelle and Biotechnology Industry Organization (BIO), Technology Talent and Capital: State Bioscience Initiatives 2008
Highlights from local economic impact studies
A 2007 study by FamiliesUSA, In Your Own Backyard, shows that NIH funding for Alaska generated $20,000,000 of business activity and 186 new jobs. The report also highlights why global health matters to Alaska .
In FY 2006, reserach revenues for the University of Alaska exceeded $151 million and the university supported 2,392 jobs.
In FY 2006, the state of Alaska invested $19.9 million for research at University
of Alaska while grants and contracts brought in another $131.5
million.
