21.4%

Annual percentage increase in R&D expenditures by USM institutions in priority research areas
(Indicator Number: 4.2.1)

Vision 2030 Priority: Research

Vision 2030 Goal: Align areas of USM research strength with emerging national research priorities.

What It Measures: As part of its larger campaign to leverage Maryland?s proximity to one of the world?s premiere research eco-systems (see Goal 4.1 above), the USMO should explore and develop strategies by which it can more nimbly identify and respond to emerging research opportunities, particularly those aligned to existing areas of USM research strength.

Data Reporting Lag: The reporting for this indicator has a 2 year difference. The latest data available is from 2021 for the indicator reporting year of 2023

Value Comparison: When comparing this value for improvement and benchmarks, a higher value is better.

Benchmark Set By: Strategic Plan

IMPROVEMENT

21.4%
is currently at or above the average of the 3 previous years (14.2%)


BENCHMARK

21.4%
is currently below the benchmark set by Strategic Plan (TBD%)