• Join your peers at SSTI's 2024 Annual Conference!

    Join us December 10-12 in Arizona to connect with and learn from your peers working around the country to strengthen their regional innovation economies. Visit ssticonference.org for more information and to register today.

  • Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

Economic study shows robotics boom in Pittsburgh creating new businesses and jobs

January 06, 2022
By: Caleb Kirsch

Celebrating its 25 years in operation, the National Robotics Engineering Center’s (NREC) success is revealed in an economic study commissioned by Carnegie Mellon University “to inform the future development of boundary-pushing institutions.” Established decades ago as “a new model of academic-industry partnership,” the NREC study, conducted by Fourth Economy Consulting, reveals how the robotics institution changed the economy of the neighborhood, region and robotics industry in Pittsburgh.

While not written as a traditional economic impact study, some of the key effects revealed in the study include:

  • $545 million dollars in total funding raised by NREC;
  • 80 new companies created in the field of robotics;
  • 64 percent of NREC employees stayed in the Pittsburgh region and three in five robotics, artificial intelligence, and tech sectors have direct ties to the National Robotics Center;
  • Educational programming including training 250-350 teachers annually that allows the next generations of Pittsburgh’s workers to understand what robotics is and the importance of technology.

The full study, Robots in the Backyard, is available here.