ECONOMIC IMPACT OF THE INNOVATION PROCESS AT THE UNIVERSITY OF DELAWARE 2010
Total Impacts
DE-MD-NJ-PA
Delaware
Direct Jobs (New + Continuing)
Impacts of Direct Jobs
Total New Jobs
Total New Output
*
Total New Labor Income
Labor Income Per New Job
Total New Tax Revenues
*
2,155
US
2,225
2,595
$
5,933
1,329,792,468 $
6,970
1,533,472,735 $
12,059
2,537,617,281
$
$
$
461,342,005 $
77,758 $
122,231,241 $
507,858,129 $
72,860 $
174,909,972 $
793,198,449
65,776
277,021,958
Labor income = Wages & Salaries + Benefits + Employer Payroll Taxes + Proprietors' Income
Industry-Performed Research and Development Expenditures as a Percent of PrivateIndustry Output, by State: 2006
Industrial Research and Development as Percent of Output
(Top 8 States Compared to Delaware )
Delaware's rank Is 10
5
4.6
4.4
4.5
4.0
3.9
4
3.5
3.4
3.3
3.2
2.9
3
2.5
2.4
2
1.5
1.5
1
0.5
0
Delaware
Massachusetts
Michigan
Connecticut
Washington
California
New Jersey
New
Hampshire
Rhode Island
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
US Average
State Technology and Science Index for R&D Inputs (Milken Institute)
(Top 8 States Compared to Delaware )
Delaware's rank Is 12
100
State Technology and Science Index R&D Inputs Score (2008)
93.1
90
87.1
80.1
80
78.4
77.0
72.4
72.4
70.9
70
63.9
60
50.1
50
40
30
20
10
0
Delaware
Massachusetts
Maryland
California
Colorado
New
Hampshire
Rhode Island
Connecticut
Washington
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
US Average
State Technology and Science Index for Human Capital (Milken Institute)
(Top 8 States Compared to Delaware )
Delaware's rank Is 10
State Technology and Science Index Human Capital Score (2008)
90
78.2
80
77.9
74.9
73.8
70.9
70
69.9
68.3
65.1
67.6
60
51.3
50
40
30
20
10
0
Delaware
Maryland
Massachusetts
Colorado
Connecticut
Minnesota
New York
Utah
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
US Average
State Technology and Science Index (Milken Institute)
(Top 8 States Compared to Delaware )
Delaware's rank Is 14
90
82.6
80.0
State Technology and Science Index Overall Score (2008)
80
78.3
74.6
72.1
70.3
70.2
70
69.2
62.3
60
52.7
50
40
30
20
10
0
Delaware
Massachusetts
Maryland
Colorado
California
Washington
Virginia
Connecticut
Utah
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
US Average
State Technology and Science Index (Milken Institute)
Mid-Atlantic Region
90
80.0
State Technology and Science Index Overall Score (2008)
80
70.2
70.3
Connecticut
Virginia
70
62.3
63.4
63.2
62.2
New Jersey
Pennsylvania
New York
60
50
40
30
20
10
0
Delaware
Maryland
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Employed S&E Doctorate Holders as Percent of the Workforce
Mid-Atlantic
Employed S&E Doctorate Holders as Share of Workforce - Percent (2006)
1
0.91
0.9
0.8
0.73
0.7
0.60
0.59
0.6
0.51
0.5
0.48
0.48
New Jersey
Pennsylvania
0.51
0.4
0.3
0.2
0.1
0
Delaware
Maryland
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Patents Awarded per 1,000 Individuals in S&E Jobs
Mid-Atlantic
18
Patents Awarded per 1,000 Individuals in S&E Occupations (2008)
16.9
16
15.0
14.6
13.7
14
11.7
12
10.6
10
8
7.4
6
4.0
4
2
0
Delaware
Maryland
New Jersey
Pennsylvania
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Engineers as a Percent of the Workforce
Mid-Atlantic
1.4
1.3
1.3
1.3
Engineers as a Share of the Workforce (Percent): 2008
1.2
1.2
1.1
1.0
1
0.9
0.8
0.8
0.6
0.4
0.2
0
Delaware
Maryland
New Jersey
Pennsylvania
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Computer Specialists as a Percent of the Workforce
Mid-Atlantic
4.5
Computer Specialists as a Share of the Workforce (Percent): 2008
4.2
4
3.5
3.0
3
2.7
2.7
2.7
2.5
2.1
2
2.2
1.8
1.5
1
0.5
0
Delaware
Maryland
New Jersey
Pennsylvania
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
S&E Degrees as a Percent of Higher Education Degrees
Mid-Atlantic
S&E Degrees as Share of Higher Education Degrees Conferred - Percent (2007)
45
40.4
40
38.3
36.1
34.1
35
32.6
31.1
30.4
29.8
30
25
20
15
10
5
0
Delaware
Maryland
New Jersey
Pennsylvania
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Industry-Performed Research and Development Expenditures as a Percent of PrivateIndustry Output, by State: 2006
Industrial Research and Development as a Percent of Output
Mid-Atlantic
4.5
4.0
4
3.5
3.3
3
2.5
2.4
2.2
1.9
2
1.5
1.3
1.3
0.9
1
0.5
0
Delaware
Maryland
New Jersey
Pennsylvania
New York
Connecticut
Virginia
This chart was prepared using the University of Delaware Center for Applied Business and Economic Research's How Delaware Compares Data Display Tool ©
Average
Income and Education for Delaware and the 10 States
with the Highest Average Per Capita Income
% of % of % of Total Wages % of Workers Income per Households Households and Salaries Earned over 25 with Capita 2007‐
Earning Less Earning in High Education At Least a BA 2009 Than $25k in More Than Industries in 2009
2009
$75k
$75k in 2010
i 2010
Rank
State
1
2
3
4
5
6
7
8
9
10
Connecticut
New Jersey
Massachusetts
Wyoming
Maryland
New York
Virginia
C
California
lif i
New Hampshire
Alaska
$ 56,274
$ 50,695
$
$ 50 133
50,133
$ 48,329
$ 47,869
$ 47,251
$ 44,115
$
$ 43,292
43 292
$ 42,987
$ 42,945
67%
67%
70%
47%
70%
71%
67%
66%
58%
60%
36%
34%
38%
23%
38%
32%
33%
30%
33%
27%
18%
18%
20%
21%
16%
24%
19%
21%
19%
15%
45%
46%
43%
32%
46%
37%
39%
39%
39%
44%
Top 10 Average
$ 47,389
64%
32%
19%
41%
Delaware
$ 40,284
54%
29%
20%
36%
17