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Our commitment to green research

Economy

In today's market how many investments generate at least a 7:1 rate of return? For every dollar invested in Binghamton University during the next decade, $7 will be returned to the state economy and $6 to the local economy — delivering an annual economic impact of more than $1 billion and transforming every $1 million in direct University spending into 22 jobs in New York state.

Binghamton University’s faculty contribute to this return on investment – their research and scholarly activities contribute an estimated $40 million per year to the local and state economies. In fact, Binghamton’s research growth rate is among the highest for universities in New York, and our patent applications have nearly tripled in three years.

For just a few examples of how our research fuels the economy, read on.

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Last Updated: 10/17/12