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Economic Impact

AAU universities serve as economic engines for their communities and regions. In fulfilling their research, education, and service missions, these institutions fuel economic growth and drive innovation. They employ thousands of workers, including many students; provide well-educated graduates who acquire high-paying jobs in private industry and the public sector; develop innovative technologies that spark new businesses and start-up companies; and generate revenue that expands the tax base. AAU works with its member institutions to help them maximize and highlight their economic contributions to their local and regional communities and the nation. 

Economic Impact Guidelines

AAU-APLU Economic Impact Guidelines

AAU, in partnership with the Association of Public & Land-grant Universities (APLU), published a report for universities that are studying and communicating about how they contribute to economic development and advancing their economic engagement.

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AAU Jobs

Economic Impact of AAU Universities

AAU universities create jobs, produce innovative technologies, and boost local economies. In 2015 alone, AAU paid $75.6 billion in salaries to 716,223 employees, produced 4,200 patents, and fostered the creation of 2,882 start-ups. 40 AAU universities are in the top 50 for producing venture capital-backed entrepreneurs, and 456 start-up companies were generated in the university's home state in 2015.

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IRIS Future

Institute for Research on Innovation & Science

The Institute for Research on Innovation & Science (IRIS) is the major national source for data to support fundamental research on the results of public and private investments in discovery, innovation, and education. 

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AAU Campus Economic Impact Reports

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Boston University

Brandeis University

Brown University

California Institute of Technology

Case Western Reserve University

Cornell University

Duke University

Emory University

Georgia Institute of Technology

Harvard University

Indiana University

Iowa State University

The Johns Hopkins University

Massachusetts Institute of Technology

McGill University

Michigan State University

New York University

Northwestern University

The Ohio State University

The Pennsylvania State University

Princeton University

Purdue University

Rutgers University - New Brunswick

Stanford University

Stony Brook University - The State Univerisity of New York

Texas A&M University

Tulane University

The University of Arizona

The University at Buffalo - The State University of New York

University of California, Berkeley

University of California, Davis

University of California, Irvine

University of California, Los Angeles

University of California, San Diego

University of California, Santa Barbara

The University of Chicago

University of Colorado Boulder

University of Florida

University of Illinois at Urbana-Champaign

The University of Iowa

The University of Kansas

University of Maryland, College Park

University of Michigan

University of Minnesota, Twin Cities

University of Missouri - Columbia

The University of North Carolina at Chapel Hill

University of Oregon

University of Pennsylvania

University of Pittsburgh

University of Rochester

University of Southern California

The University of Texas at Austin

University of Toronto

University of Virginia

University of Washington

The University of Wisconsin-Madison

Vanderbilt University

Washington University in St Louis

Yale University