13:25UCLA's Economic Impact
From the creator
With its size and scope, UCLA plays a pivotal role in the economic fortunes of the city and state it calls home. During the 2016-17 fiscal year, UCLA had a total impact of $11.06 billion on the California economy, more than $4 billion of that in the city of Los Angeles. In the latest of an ongoing series of analyses, the university commissioned one of California's leading consultants, Beacon Economics, to assess UCLA's economic, fiscal and social impact. The report, which includes data on the impact of UCLA Health Sciences, found that UCLA is the fourth largest employer in L.A. The report also found that 24 startups using UCLA-developed technology were launched during the 2016-2017 fiscal year, and 70 UCLA inventions were licensed to companies for commercial use. For more information and findings from the report, go to https://ucla.in/1gLvEd1
Published 2018-10-18 · Watch on YouTube ↗
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