Spurring Ohio’s Economy
University R&D helps drive Ohio’s innovation economy.
Today, many states are experiencing reduced investment in research, product development and business creation. In response, Ohio’s public universities have ramped up their R&D, technology transfer and commercialization activities to ensure our state remains a center for private and federal investment.
Ohio’s public higher education institutions rank 7th in the nation for research and development spending, according to the National Science Foundation.
University-industry partnerships in Ohio drive discovery, economic growth and job creation. And universities continue to play a critical role in preparing a globally competitive workforce with a robust capacity for innovation. Their investments in cutting-edge research have led to transformative innovations that have spawned new industries, reinvigorated the manufacturing sector, created high-wage jobs, and positively impacted our daily lives.
Ohio’s public universities create a culture of entrepreneurship. Our students take advantage of incredible experiential learning opportunities that span the boundaries between academia and industry – such as learning from world-renowned scientists and engaging with successful entrepreneurs. They lead their own research projects and write business plans. They turn ideas into companies.