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Research and Economic Development

Research and scholarly activity are products of inquiry and creativity and should be expected of all of the university’s full-time faculty members.

To enhance regional and national competitiveness, faculty members are expected to compete successfully for external research funding.

As a public Land-Grant university, the University of Tennessee must be a driver for economic development in Tennessee. Products of research and scholarly activity should result in resources for economic development in Tennessee and beyond.

Table 1: Benchmarks of Research and Economic Development
Benchmarks Baseline
FY 2004-05		 FY
2005-06		 FY
2006-07		 FY
2007-08		 GOAL
2009-10
Research
Annual research & sponsored program expenditures (millions)click to read how this category is defined $336 $339 $337   $400
Externally funded faculty (%)click to read how this category is defined 25.8% 25.7% 24.7%   32%
Invention and creation disclosuresclick to read how this category is defined 67 93 66   90
Economic Development
Intellectual property developmentclick to read how this category is defined 12 30 31   40
Jobs created or maintainedclick to read how this category is defined N/A 19,012 21,337   23,000
Estimated economic impact of technology transfer (millions)click to read how this category is defined N/A $889 $1,089   $1,100

For definitions of each benchmark measure, click the information icon information icon, or view all measures.