useful stats
Useful Stats: State Shares of U.S. Venture Capital Dollars and Deals, 2010-2014
In an SSTI Digest article last month, SSTI detailed the most recent MoneyTree reports from National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PWC). Halfway through FY 2014, U.S. venture capital investments reached $22.7 billion, the highest first-half total since 2001. Using halves of fiscal years as the unit of analysis, this Digest article examines each state’s share of venture capital dollars and deals since 2010. Since Q1 2010, nearly $109 billion has been allocated to companies across 17,292 deals.
Useful Stats: Six-Year Survival Rates, Entrepreneurship, and the Great Recession
As the Great Recession wanes, an increasing amount of research has been conducted to assess its impact on entrepreneurship in the United States. Authors with the Kauffman Foundation found that firm formation in the United States is remarkably constant over time, although the death rate of companies rises during recessions. Others found that despite the Great Recession causing many businesses to close their doors, the rapid rise of unemployment also drove an increase in entrepreneurs. Still, others argue that increased entrepreneurial activity was found to be related to unemployment only in those states that had already established strong levels of entrepreneurship prior to the recession.
Useful Stats: Venture Capital Investment Has Strongest Quarter Since 2001
Anchored by the largest ever investment since the MoneyTree Report began covering venture capital investment in 1995, the $13 billion total dollars invested in the second quarter of 2014 marks the largest total quarterly investment since $13.1 billion was invested in the first quarter of 2001, according to new data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PWC) MoneyTree survey. Likewise, the $22.7 billion invested in the first half of 2014 is the highest first half total since 2001.
Useful Stats: State Government Agency Spending on R&D by State, 2006-11
State agencies in New York spent more on research and development than agencies in any other state in FY11, according to data released by the National Science Foundation. The NSF data provides an overview of state agency investments in R&D, broken down by the source of those funds and the types of organizations that eventually performed the research. Ohio, Florida and California also ranked among the top states for total agency investment. West Virginia and Ohio led in R&D investments as a share of state GDP in FY11.
Useful Stats: Environmental Science Spending at U.S. Universities, FY2003-12
With Earth Day just around the corner, SSTI is taking a closer look at environmental science research spending in the states. Even as climate change emerged as a key political topic during the first decade of the millennium, spending on environmental research at American colleges and universities declined as a percentage of all R&D, according to data from the National Science Foundation (NSF) Higher Education Research and Development (HERD) Survey. Between 2003-12, environmental science expenditures fell from 5.3 percent of all R&D expenditures to 4.8 percent. California universities spent the most in FY12, but Wyoming and Nevada devoted the highest percentage of their R&D spending on environmental science. The District of Columbia and Maryland spent the most per capita.
Useful Stats: Higher Education Research Expenditures by State and Funding Source, FY12
North Carolina universities receive a larger share of research dollars from businesses than higher education institutions in any other state, according to the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The most recent survey provides data on research expenditures by source for each state and territory for FY12. Wisconsin and the District of Columbia received the greatest share of R&D funding from nonprofits, while Wyoming, Maryland Guam and the Virgin Island receive the largest share of funding from the federal government.
Useful Stats: Higher Education R&D Expenditures by State, FY07-12
Between FY2007-12, research and development (R&D) spending at U.S. universities grew 27.5 percent, from about $51.6 billion to $65.8 billion, according to the latest edition of the National Science Foundation’s (NSF) Higher Education Research and Development (HERD) survey. The survey provides a look at R&D spending at U.S. universities, with data broken down by state, institution, research area and funding sources. California remained the leader in university R&D spending, but spending in the state grew at a slightly lower rate than the national average. Most of the other top 20 states experienced gains that exceeded the national average.
Useful Stats: Utility and Design Patents by State, 2008-13
U.S. patents continued their rapid pace of growth in 2013, according to statistics from the U.S. Patent and Trademark Office (USPTO). USPTO granted 122,593 utility patents last year, a 10 percent increase over the previous year and a 72 percent increase over 2008. Much of the increase in activity is due to the growth of IT and software patenting, as discussed in a separate SSTI Digest article. California leads the country in utility patents, representing about 27 percent of patents granted in 2013. Massachusetts narrowly leads California in per capita patenting activity, followed by Vermont and Washington.
Useful Stats: Gross R&D Expenditures and Intensity for Select Countries, 2006-11
The U.S. remains the global leader in research and development (R&D) spending, but its share of global research is on the decline, according to the National Science Board’s (NSB) Science and Engineering Indicators 2014 report. U.S. R&D expenditures, including government, private and academic spending, reached about $428 billion in 2011 (see our previous Digest article on U.S. R&D spending), representing a 21.4 percent increase over 2006. Over the past decade, however, the U.S. share of global spending has fallen from 37 to 30 percent. Much of the decline is due to growing research activity in East, Southeast and South Asia.
Useful Stats: U.S. Seed and Early Stage Venture Capital Investment by State, 2008-13
Last year, U.S. venture capitalists invested about $10.7 billion in seed and early stage companies, 17.1 percent higher than 2012, according to data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PwC) Moneytree survey. Though the overall venture capital (VC) market has returned to about the same level of activity as before the economic crisis, investment in seed and early stage companies has grown by more than a third. Most of this increase is attributable to growth in early stage investment, but seed activity has grown as well (as discussed in another article).