Economic Contribution of Federally Funded Research Facilities in Å·ÃÀ¿Ú±¬ÊÓƵ, FY2013−FY2015
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Federal research facilities provide economic benefits to the Å·ÃÀ¿Ú±¬ÊÓƵ economy through direct facility employment and through the purchasing of goods and services. However, given the nature of the research and development (R&D) conducted at the various facilities, employment and expenditures represent only a fraction of the full benefits of federal research facilities in Å·ÃÀ¿Ú±¬ÊÓƵ. These auxiliary benefits include the development and existence of high-tech firms that locate near the facilities, collaborations with Å·ÃÀ¿Ú±¬ÊÓƵ universities on cutting-edge research, experience for higher-education students through internships and part-time jobs, world-renowned research conducted in the state, and the economic benefits associated with R&D programs.