Economic Impact

Research and development at UK has a direct, and significant, economic impact on Kentucky. The $504 million UK spent on R&D in FY23 generated $925 million in economic activity across the state. As a result, 4,903 jobs were supported throughout the state of Kentucky, with 2,408 (49%) of those jobs directly supported by research initiatives.

University of Kentucky R&D Expenditures for FY23

• Research expenditures totaled $504 million
• Supported 4,903 jobs in Kentucky
• Total economic impact of UK research for Kentucky was $925 million

updated 6-4-24