size of california’s economy - assets1b.milkeninstitute.org · 7 scripps research institute ca 7...

Size of California’s economy

US$ trillions, 2009

Sources: The World Bank, Moody's Analytics.

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Rank Country Gross domestic product

1 United States 14

2 Japan 5.1

3 China 4.9

4 Germany 3.3

5 France 2.6

6 United Kingdom 2.2

7 Italy 2.1

8 California 1.8

9 Brazil 1.6

10 Spain 1.5

Academic R&D spending

Top 10 states and California, 2006

Sources: National Science Foundation, Milken Institute.

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California ranks 18th

Advanced degrees


Sources: U.S. Census Bureau, Milken Institute.

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Bachelor's degrees or greater



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Doctoral engineers

Top 10 states, 2006


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Doctorates

Top 10 states, 2008


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Science, engineering and health Ph.D.s Top 10 states and California, 2007

Sources: NSF, Division of Science Resources Studies, Milken Institute.

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Number of business starts

Top 10 states, 2008


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Percent of B.A.s in science and engineering

Top 10 states, 2007

Sources: National Center for Education Statistics and Engineering, Milken Institute.

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Doctoral scientists



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Concentration of computer and I.S. experts


Sources: Bureau of Labor Statistics, Milken Institute.

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Concentration of engineers

Top 10 states, 2008


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Number of business incubators


Sources: National Business Incubation Association, U.S. Census Bureau, Milken Institute.

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Federal R&D spending

Top 10 states, 2006


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Industry R&D spending

Top 10 states, 2006


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Human capital investment Top 10 states and California, 2010

Source: Milken Institute.

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Small Business Innovation Research awards

Top 10 states, 2004-2006

Sources: Small Business Administration, Milken Institute.

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Concentration of life and physical scientists



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USPTO patents issued

Top 10 states, 2008

Sources: U.S. Patent and Trademark Office, Milken Institute.

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State appropriations for higher education



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Dollar value of SBIR awards per capita

Top 10 states, 2008


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Small Business Technology Transfer awards

Top 10 states and California, 2004-2006


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Increases in state appropriations for higher ed. Top 10 states, 2009-2010


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Electrical/electronic/communications schools

Top 10 schools, 2010

Source: U.S. News & World Report.

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Rank School State

1 Massachusetts Institute of Technology MA

2 Stanford University CA

3 University of California, Berkeley CA

4 University of Illinois, Urbana-Champaign IL

5 California Institute of Technology CA

6 Georgia Institute of Technology GA

7 Carnegie Mellon University PA

7 University of Michigan, Ann Arbor MI

9 University of Texas, Austin TX

9 Cornell University NY

Top engineering schools


Source: U.S. News & World Report.

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Rank School State




4 Georgia Institute of Technology GA


6 Carnegie Mellon University PA


8 University of Michigan, Ann Arbor MI

9 University of Texas, Austin TX

10 Cornell University NY

10 University of Southern California CA

Biological sciences schools


Sources: U.S. News & World Report.

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Rank School State


2 Harvard University MA





7 Princeton University NJ

7 Scripps Research Institute CA

7 University of California, San Francisco CA

7 Yale University CT

Employment growth in high-tech industries

Sources: Current Employment Statistics, U.S. Bureau of Labor Statistics.

State Patent Cooperation Treaty (PCT) applications Per 100,000 workers, 1998 vs. 2006

Sources: World Intellectual Property Organization PCT Application Database; Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics.

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U.S. international patent applications Top 5 corporations, 2006

Source: U.S. Patent and Trademark Office.

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U.S. international patent applications By state, 2006

Source: World Intellectual Property Organization PCT Application Database.

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PCT applications filed through U.S. receiving office Top universities/research institutions, 2006

Source: World Intellectual Property Organization PCT Application Database.

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Rank University/Research Institution Total PCT

applications

Percentage of all

PCT applications

1 The University of California (CA) 391 10.9%

2 Massachusetts Institute of Technology (MA) 159 4.4%

3 Columbia University (NY) 95 2.7%

4 University of Florida (FL) 94 2.6%

5 Johns Hopkins University (MD) 66 1.8%

6 Stanford University (CA) 66 1.8%

7 University of Texas (TX) 60 1.7%

8 University of Michigan (MI) 57 1.6%

9 University of Illinois (IL) 52 1.5%

10 California Institute of Technology (CA) 51 1.4%

International students in U.S. universities

Source: Institute of International Education.

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Rank State Total students

(2009) % growth

08-09 Total students

(2008) % growth

07-08

1 California 93,124 10.0% 84,800 8.7%

2 New York 74,934 7.0% 69,844 6.0%

3 Texas 58,188 12.0% 51,824 5.6%

4 Massachusetts 33,838 6.0% 31,817 10.9%

5 Florida 30,386 14.0% 26,739 -0.5%

6 Illinois 29,887 4.0% 28,804 12.5%

Percent change in LEDtronics bookings Top-performing industrial sectors

Note: Data as of October 5, 2010. Source: LEDtronics.

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SIC SIC description 2005 vs

2006

2006 vs

2007

2007 vs

2008

2008 vs

2009

2009 vs

2010

5065 Distributors MRO 29% 9% -3% -13% 32%

5063 Distributors OEM 5% -10% -14% -28% 31%

3625 Industrial control manufacturers 42% -29% 3% -40% 23%

3999 Contract manufacturers 29% -29% 3% -40% 23%

9199 Government/govt. agencies 1% -16% 58% 13% 118%

3721 Military/aerospace 13% -28% 28% -8% 10%

3711 Automotive support industry -43% -36% -11% -33% 49%

California manufacturing losing more than competing states 2001-2010

Source: U.S. Bureau of Labor Statistics.

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Nevada

Oregon

Arizona

Texas

California

Nevada -12%

Oregon -25%

Arizona -29%

Calif. -32%

Texas -20%

Aug. 2010

California is not winning From 2007 to 2009, the state’s growth in manufacturing capacity ranks

last among the 25 most populous states and is far below the national average.

Source: Site Selection Magazine, Census data.

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California 3.7

new or expanded facilities per

1 million people

Texas

24.5

28.7

U.S. Avg.

Bottom

25

populous states

Polling Question 1:

Which of these will keep California at the leading edge of the global innovation economy?

1. Higher education

2. High-tech business startups

3. Venture capital investment

4. R&D spending

Polling Question 2:

What is the most challenging issue California faces in enhancing commercialization and business growth?

1. Regulatory burden

2. Current tax structure

3. Access to capital

4. Rising cost of health care

size of california’s economy - assets1b.milkeninstitute.org · 7 scripps research institute ca 7...

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