University Research Corridor accounted for 68,803 Michigan jobs in '06

The University Research Corridor -- Wayne State University, University of Michigan and Michigan State -- contributed significantly to the state's economy in 2006. An independent study demonstrates that the trio contributed 68,803 jobs to the state with a net economic benefit of $12.8 billion.

Excerpt:

"This report documents how Michigan's URC universities have become a vital economic engine for the state," said Patrick Anderson, principal and CEO of Anderson Economic Group, who led the four-month effort. "These institutions attract enormous amounts of research dollars, produce highly trained graduates that attract employers around the country, and are some of the largest employers in the state. At a time when Michigan's economy is suffering, it is important to note this is one sector where we have truly world-class institutions."

Read the entire article here.