Economic Impact

Research and development at UK has a direct, and significant, economic impact on Kentucky. The $527.7 million UK spent on R&D in FY24 generated $937 million in economic activity across the state. As a result, 4,712 jobs were supported throughout the state of Kentucky, with 2,376 (50%) of those jobs directly supported by research initiatives.

University of Kentucky R&D Expenditures for FY24

• Research expenditures totaled $527.7 million
• Supported 4,712 jobs in Kentucky
• Total economic impact of UK research for Kentucky was $937 million

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