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Economic Impact of University Research Parks

University research, science and technology parks are strong economic engines and contribute to the economic development of local communities, states, and nations. Below are studies that illustrate the economic impact of university research parks. The systematic development of linked Communities of Innovation greatly influences the economic health of regions, as shown in the reports below.  For more information on AURP and university research parks, contact AURP Headquarters.

 

The Economic Value to Texas of Texas A&M University

TEXAS A&M UNIVERSITY (Texas A&M) creates value in many ways. The university plays a key role in helping students increase their employability and achieve their individual potential. The university facilitates new research and company developments and also draws students and visitors to the state, generating new dollars and opportunities for Texas. This analysis covers all university components in Texas, including the Galveston Branch Campus, School of Law, and all Health Science Center activities. Texas A&M provides students with the education, training, and skills they need to have fulfilling and prosperous careers. Furthermore, Texas A&M is a place for students to meet new people, increase their self-confidence, and promote their overall health and well-being.

University of South Florida’s economic impact executive summary

In this Executive Summary, the breadth and depth of USF’s economic impact can be seen in all aspects of the university’s operations — from the students it educates, to the faculty and professional staff it employs, to the talented professionals and entrepreneurs who power a modern innovation economy, to the construction projects that shaped the campuses in Tampa, St. Petersburg and Sarasota-Manatee.

Virginia Commonwealth University’s 2026 Economic Impact

This report assesses the impact of Virginia Commonwealth University (VCU) 1 on the economy of Virginia and the benefits generated by VCU for students, taxpayers, and society. The results of this study show that VCU creates a positive net impact on the state economy and generates a positive return for students, taxpayers, and society.

University of Utah’s FY2024 Economic Impact Report

Founded in 1850, the University of Utah stands as the state’s flagship university and the region’s hub of higher education. The U’s physical presence extends to 37 cities and 15 counties in Utah, with additional locations around the United States and worldwide. A new study from the Kem C. Gardner Policy Institute confirms the U’s significant economic contributions and enduring societal impact through education, research and health care.

University City Science Center’s 2025 Economic Impact Report

At the University City Science Center, progress doesn’t stay contained. One breakthrough in medtech fuels another in diagnostics. A single new job becomes the spark for dozens more. Innovation here doesn’t just happen—it moves purposefully toward impact. 2025 cemented our guiding principle: innovation without impact is unfinished work. To create real-world solutions, we need to move past simply ideas, technologies, science and toward translation. Aligning capital, evidence, and the right stakeholders creates the conditions where innovation moves faster and more efficiently – that’s how breakthroughs happen. Explore how deep domain expertise and a connected ecosystem accelerated real-world outcomes, with progress compounding across our region and beyond.

Aggie Square 2025 Economic Impact Report

UC Davis’ Aggie Square is helping drive a $13.2 billion annual economic impact for the university statewide, according to a 2025 analysis, with nearly 68,300 jobs supported across California. With Aggie Square’s first phase opening in 2025, the story offers a timely example of how university-led innovation districts can translate research strength into regional growth.

Syracuse University Economic Impact Report

Syracuse University contributed $1.8 billion to the Central New York economy and supported 35,132 jobs across the five-county region in fiscal year 2023-24, according to a comprehensive economic impact study commissioned by the University. The study, conducted by Lightcast, found that the University’s economic impact increased by nearly 64% from the $1.1 billion reported in 2017.

Virginia Tech’s 2026 Economic Impact Report

Virginia Tech’s footprint spans every sector of the Commonwealth of Virginia and beyond, impacting communities, accelerating innovation, and creating a ripple effect through the university’s total economic impact that drives Virginia forward.

Arizona Insights USMCA Report on the Future of North American Trade

The updated United States–Mexico–Canada Agreement (USMCA) 2026 report outlines refinements to North America’s key trade partnership, emphasizing enhanced cooperation on innovation, intellectual property, cross-border research collaboration, and digital economy development. Strengthening economic integration across the three countries creates new opportunities for regional innovation ecosystems, technology commercialization, and global competitiveness.

Sandia National Laboratories’ 2025 Economic Impact Report

Sandia National Laboratories has a robust and widespread economic impact. Spending by the Labs exceeds $5.2 billion a year. Over $1.6 billion goes to subcontracts. That includes about $1.03 billion in subcontracts with small businesses. Explore the links below to learn more about the specific ways Sandia is making a difference at our headquarters in New Mexico and our second principal laboratory in California.

Archived Economic Impact Studies
2026 Economic Impact Reports
2025 Economic Impact Reports
2024 Economic Impact Reports
2023 Economic Impact Reports
2022 Economic Impact Reports
2021 Economic Impact Reports
2019 Economic Impact Reports
2018 Economic Impact Reports
2016 Economic Impact Reports
2015 Economic Impact Reports
2014 Economic Impact Reports
2011 Economic Impact Reports