Economic Impact of Health Research
Investment: Funding sources for overall research and development (2005)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $259,000,000 | 37 |
| Industry | $417,000,000 | 33 |
| Universities | $87,000,000 | 27 |
| Non-profit | $14,000,000 | 34 |
| Other * | $37,000,000 | 30 |
| Total | $814,000,000 | 38 |
* 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)
| Oklahoma | Residents | State Rank |
| Population, July 1, 2006 | 3,577,536 | 29 |
Source: U.S. Census Bureau, Annual Population Estimates, 2008
Economic Impact: Statistics for research-driven health industries (2006)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 210 | $67,705 |
| Medical Device | 1,477 | $40,603 |
| Research, Testing, and Laboratories | 2,895 | $50,921 |
| Overall Private Sector | 1,192,696 | $34,125 |
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 Oklahoma generated $187,000,000 of business activity and 1,786 new jobs.
The report also highlights why global health matters to Oklahoma .
The Oklahoma Medical Research Foundation has an annual economic impact of $46 million on the state's economy and supports more than 1,000 Oklahoma jobs.
In FY 2007, University of Oklahoma received $252 million in external funding for research and their efforts are expanding. The new 152,000-squarefoot Stephenson Life Sciences Research Center is being built to accommodate 30 research groups.
For every dollar the Oklahoma State University receives from the state, it produces $13 in economic output. OSU accounts for 31,200 jobs in the state and has a yearly economic impact of $1.89 billion on the state.
The life sciences industry has a $3.4 billion economic impact on the state and supports 90,000 jobs according to a report prepared for the Greater Oklahoma City Chamber of Commerce.
