However, some of the side-benefits may actually surprise you.
For instance, did you know that research funding creates jobs and brings millions of dollars in state? In fact, according to a recent report by the American Association of Medical Colleges, the total economic impact of medical research in Oregon in 2009 was over 606 million. Here’s a link to the full report.
In Oregon, these research dollars create jobs at the university. They also create jobs in the city and in the region. That’s because OHSU buys products from local vendors. We hire local companies to provide services. In addition, income taxes from our employees flow back to the state.
While the goal of research should always be to cure and treat disease, boosting the economy isn’t a bad side-effect is it?