Research and development expenditures at universities in Michigan were 5th in the nation in 2014 - up from 6th - and were higher than all of the “Top Ten” states except Massachusetts. Michigan universities’ research and development expenditures were greater than those of all of its peers except Massachusetts and North Carolina.
What It Is: Research and development expenditures by higher education institutions, as a share of total GDP.
Why It Matters: Research and development expenditures by universities improve the state’s attractiveness to out-of-state students and talent, and provide an important source of innovation and entrepreneurship in the state.
University R&D Expenditure Trends
University R&D Expenditure Standings
Bureau of Economic Analysis (GDP in current dollars -All Industries)