Economic Impact of Health Research
Investment: Funding sources for overall research and development (2007)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $74,000,000 | 50 |
| Industry | $2,000,000 | 51 |
| Universities | $5,000,000 | 51 |
| Non-profit | $10,000,000 | 37 |
| Other * | $17,000,000 | 40 |
| Total | $240,000,000 | 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, 2008
Population (2011)
| South Dakota | Residents | State Rank |
| Population, June 1, 2011 | 814,180 | 47 |
Source: U.S. Census Bureau, 2010 Census Data
Economic Impact: Statistics for research-driven health industries (2008)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 85 | $55,694 |
| Medical Device | 1,809 | $50,184 |
| Research, Testing, and Laboratories | 531 | $73,610 |
| Overall Private Sector | 327,033 | $32,431 |
Source: Battelle and Biotechnology Industry Organization (BIO), BIO State Bioscience Initiatives, 2010
Highlights from local economic impact studies
United for Medical Research's 2011 study, An Economic Engine, shows that in 2010 NIH invested $18,000,000 in South Dakota, producing 414 new jobs.
South Dakota announced the creation of 5 new 2010 Research Centers in 2008 and 2009, one of which is focused on translational cancer research. The centers are geared towards accelerating growth in South Dakota's economy by targeting research at South Dakota's public universities.
According to EPSCoR South Dakota, the total economic impact of university research on the state is $81 million.
The South Dakota Agricultural Experiment Station reports that every dollar in state general funds for agricultural research generates $5.75 in the South Dakota economy. This amounts to a total of $52.4 million of economic activity in the state.
According to a report from BIO and Battelle, the South Dakota Legislature recently appropriated nearly $20 million to support the Homestake Deep Underground Science and Engineering Laboratory, which is promising for bioscience research in nuclear imaging and geomicrobiology.
