A State Of Innovation
Michigan has always been an innovator. And it will be innovation that helps us accelerate through our next economic transformation. Michigan is at or above its peers in intellectual property development:
- Top 5 state for industrial R&D
- University R&D spend at or above average
- R&D conversion (patents & new ventures per dollar spent) also in line with competitors
- Conversion of university innovation into new business start-ups at or above many peers
Through the Accelerate Michigan℠ alliance, the BLM and the URC can work together to lead, leverage and focus these strengths. We encourage mutually beneficial endeavors that are a win-win for universities, businesses, venture capitalists and our state.
2013 University Research Corridor Economic Impact Study
This study documents the impact the URC universities have in Michigan as well as their performance converting innovation into economic impact.
2014 Michigan Economic Competitiveness Benchmarking Report
This report documents Michigan's competitiveness relative to top-performing states on job and economic growth, including innovation & entrepreneurism factors.
Michigan's Innovation Analysis & Strategy
2010 Business Leaders For Michigan University-Industry Partnership Benchmarking Analysis
These graphs summarize Michigan's innovations compared to other states. Following these graphs is our model for economic transformation.
This analysis, conducted by McKinsey & Company, documents how Michigan performs relative to other innovation centers in the U.S. for converting innovation into economic growth.