1.5 BILLION Reasons to Cheer!
Posted January 30th, 2008 by JamesAs an economics junkie I was thrilled to read this recently released study on Oregon State University’s economic footprint. OSU’s economic footprint is around 1.5 billion dollars. This is huge news not only for OSU but for the State of Oregon as well! OSU is the state’s only university designated as having “Very High Research Activity” by the Carnegie Foundation.
I won’t put you to sleep with a lecture on economic impact and multipliers; just know that OSU with its Extension Services in every county, Hatfield Marine Science Center, multidisciplinary Spring Creek Project, Food Innovation Center, other research programs and special centers too numerous to name and of course the contribution of educated folks who are tomorrow’s (and today’s) engineers, doctors, artists, farmers and public servants…Makes a huge impact on every day life of Oregonians.
From the Impact Report:
Over the years, additional federal designations have been added for Sea Grant, Space Grant and Sun Grant institutions. Other than Cornell, OSU is the only university in America to hold all four – a distinction that provides real value for the 19,700 students (more than 80 percent of whom are Oregonians) who call OSU home.
That means, in part, that Oregon State has one of the broadest, most diverse research programs in the nation. This breadth is so wide-ranging, in fact, that OSU is the only Oregon campus to have earned the Carnegie Foundation’s premier designation, reserved for campuses that have “very high research activity.”
Behind those designations lie strengths in such areas as forestry, marine science, nanoscience and microtechnology, agricultural sciences, history, public health, veterinary medicine, creative writing, conservation biology, entrepreneurship and more.
The university has grown dramatically: Beaver alumni living around the world now number nearly 150,000. But OSU has never lost sight of its original mission. Making its intellectual resources available to students from Oregon and beyond will always be OSU’s primary focus.
This kind of news is exciting for a Land Grant Institution such as OSU because one of our key missions is to improve the state, country and world we live in. In my opinion the Land Grant mission creates a very unique energy on our campus. The learning, teaching and research are of course focused in the traditional ways but with a sense of service to our community.
Read the full report here (click)! Thirsty for more info on OSU’s research and innovation? Check out TERRA, OSU’s Research Magazine.
That’s it for now, folks. Thanks for reading. Questions, concerns or discussion? Comment away!
Stay real and BE WELL,
-jm
Related posts:
- OSU’s Impact on Oregon’s Economy is Growing
- Obama Selects Oregon State University Professor Dr. Jane Lubchenco
- Oregon State University continues its Marine Biology leadership
Tags: Creative Writing, Economic Impact, Economics, Food Science, Land Grant, Oregon, oregon-state-university, OSU, Philosophy, Research, Science, Shotpouch Creek, terra
January 31st, 2008 at 2:13 pm
Great article. Keep up the good work.
May 11th, 2008 at 11:53 pm
Though i already heard about Oregon State University’s but i never knew that Oregon State most diverse research programs in the nation. This is really good to know about it.
May 29th, 2008 at 11:37 pm
Very intresting article)) thanks!
June 7th, 2008 at 3:19 pm
“1.5 BILLION Reasons to Cheer!”
Thats The Spirit
June 23rd, 2008 at 2:02 am
I was tempted to read the whole article just because of title of the article, 1.5 Billion reasons to cheer is really a great title to attrack peoples.
June 27th, 2008 at 9:45 am
The impact OSU has for the state is enormous! The key will be to maintain those educated people into the community where they support businesses, taxes, etc. Go Beavs!!
November 7th, 2008 at 6:12 pm
[...] written before about OSU’s economic impact on the State of Oregon. Research universities like OSU have a tremendous impact on state economies [...]
June 13th, 2009 at 3:38 am
Wow, this article really brings me back. Reminds me of the ,um lets just say, {younger|earlier} days and the {problems|troubles} some in the family had. Not to worry though at this age any memory is a good memory I’m told
. Great site and love the theme you have going here.