Georgia Institute of Technology recently issued the following announcement.
The Georgia Institute of Technology has broken into the top 20 in higher education research and development spending for the first time in a decade. The ranking, based on an annual survey conducted by the National Science Foundation (NSF), reflects a year of innovations in healthcare, computing, and sustainability research — even amidst a global pandemic.
While overall higher education research spending slowed to 3.3% growth in fiscal year 2020, the Georgia Tech research enterprise, which includes the Georgia Tech Research Institute (GTRI), rose to 9.3% – or approximately $1,049 million in expenditures.
Georgia Tech placed among top R1 or research-intensive universities, such as Johns Hopkins University, which ranked No. 1 (with $3,110 million in expenditures), and Harvard University, which rounded out the top 10 (with $1,240 million in expenditures). Georgia Tech was the only technological university to place in the top 20 and had the second highest year-to-year growth, behind Texas A&M University. A top 20 ranking is particularly significant, as Georgia Tech achieved it without a medical school. Nationally, medical schools account for a quarter of all research expenditures.
"Georgia Tech is proud of our continued growth and to be listed among the nation’s top institutions in research and development spending,” said Chaouki T. Abdallah, executive vice president for Research at Georgia Tech. “Our research enterprise represents an unparalleled diversity of talent, perspective, and expertise committed to conducting research that matters — research driven by a commitment to public service, with the goals of advancing science, technologies, and policies that solve problems, address societal challenges, accelerate economic development, and improve people’s lives."
Overall, higher education research spending totaled $86.4 billion, with the top 30 universities contributing 42% to the total amount. The NSF gathered this data from 915 universities in the Higher Education Research and Development Survey, sponsored by the National Center for Science and Engineering Statistics within the NSF.
Georgia Tech’s research spending benefits more than just groundbreaking discoveries made in the lab; it also helps the state of Georgia. In the same year, Georgia Tech secured $4 billion in economic impact, according to data recently released by the University System of Georgia. Research spending at Georgia Tech contributes to everything from agricultural innovations, like using robots for peach orchards and poultry houses, to sensors that monitor coastal sea level rise in Savannah.
Fiscal year 2021 at Georgia Tech saw historic growth with nearly $1.2 billion in new grants and contracts and nearly $1.1 billion in research expenditures, assuring Georgia Tech and GTRI will continue solving the state, federal government, and industry’s most complex problems. Learn more about Georgia Tech’s research contributions in this report.
Original source can be found here.
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