Publications | Jun 12, 2016
2016 Report: Economic Impact of DoD Licensing, 2000-2014
In 2015, TechLink conducted a study of the nationwide economic impacts of Department of Defense (DoD) technology license agreements with US industry.
TechLink surveyed a total of 602 companies having active license agreements with DoD during the 2000-2014 period and gathered information about commercial and US military sales and other economic impacts related to these agreements. Ninety-two percent of the companies contacted provided information.
The company-reported sales data was provided to the Business Research Division of the Leeds School of Business at the University of Colorado, Boulder, which analyzed the dataset and applied the national-level IMPLAN economic impact assessment model to determine the total economic contribution effects.
The results of the IMPLAN analysis show an impressive economy-wide impact of $48.8 billion in economic output resulting from the DoD license agreements. Employment impacts include 182,985 jobs created with an average salary of $71,000, according to the analysis.
The full report, which includes the economic impacts specific to the Air Force, Army, Navy and 30 different DoD laboratories or centers is available by clicking the link below.