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Economic Impact

MU is a $2.1 billion enterprise that operates 24/7 and accounts for 72 percent of the research dollars flowing to Missouri’s public universities, generating new knowledge and jobs to power the state’s economy.

Every week: the economy benefits as Mizzou raises an average of $1.6 million in private donations and attracts $2.8 milion in federal funding.

MU powers the ECONOMY

MU boosts the economy by performing research, generating jobs, sharing knowledge, improving graduates' earning potential, and creating and commercializing businesses.

Entrepreneurial culture: MU students own their intellectual property, manage an angel investment fund supported by the Kauffman Foundation and participate in the Entrepreneurship Alliance talent incubator. Mizzou grants 65 percent of doctoral degrees from Missouri public universities.

Creating jobs: The MU Life Science Business Incubator helps launch companies based on faculty and student innovations and also recruits young companies to collaborate with MU researchers.

International Ties: The Asian Equity Research Institute obtains information on Chinese markets for investors. It is an example of MU's many global endeavors.

Research enterprise: MU's sponsored research, instruction and public service grants and contracts, and commercial services totaled $425.6 million in FY2011.

Commercialization and Tech Transfer, by the Numbers, in FY2014

  • $10.2+ million in gross licensing revenue
  • 85 invention disclosures
  • 322 MTAs executed
  • 36 U.S. patents issued
  • 107 U.S. technology patent applications filed
  • 30 licenes and options executed
  • 236 NDAs executed
  • 291 licenses for new technologies signed since 2008
  • 577 U.S. patents filed since 2008

Economic Impact of MU Hosted Events

Update: A 2013 study by the College of Business estimated a total economic impact from athletic events from July 2012 to June 2013 to be $188 million. This is up $41 million from the prior year and $3 million more than the predicted outcome. Athletics are an important vehicle for a multiplier effect as consumers spend money on hotels, restaurants, merchandise, and more. Further, MU's venture into the SEC proved to be a large economic boost.

A study completed in Fall of 2011 researched and concluded its findings on the economic impact of MU Hosted Events.  The methodology included finding the change in flow of monetary resrouces that occurs from outside dollars being introduced into the economy as well as the indirect and induced impact on the community. 

 The researchers studied 8 main categories of MU Hosted Events: Athletic Department Competitions, MU Extension Events, Show-Me State Games, Athletic Camps and Clinics, Concert Series, Performing Arts Events at the Rhynsburgers, and the Museum of Art and Archeology Events.

The multiplier effect represents the recycled nature of funds that are brought into the local economy and circulated throughout.  The table below represents the findings of the study.

Division Expenditures Multiplier Total Economic Impact Percent of Total
Athletic Department $78,438,123 N/A $117,387,123 84.72%
Extensions $5,172,415 1.6432 $8,499,313 6.13%
Show-Me State games $4,193,285 1.6432 $6,890,406 4.97%
Camps and Clinics $2,122,852 1.6432 $3,488,270 2.52%
Concert Series $1,206,100 1.6432 $1,981,864 1.43%
Rhynsburg Theater $158,827 1.6432 $260,984 0.19%
Summers@Mizzou $34,080 1.6432 $56,000 0.04%
Museum $1,425 1.6432 $2,342 0.00%
Total $91,327,107 $138,566,302 100.00%

To view and study in its entirety, click here >>

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