For the 26th year in a row, The Johns Hopkins University has been ranked by the National Science Foundation as the leading U.S. academic institution in terms of research and development spending.
“Discoveries and innovations that provide lasting benefit to humanity are the ultimate goals of the scientific, medical and engineering research done at Johns Hopkins,” William J. Brody, the university?s president, said in a statement. “But we are also gratified that our scientists? success in winning support for their research has a major economic benefit at home here in Maryland, where the university is one of the state?s largest private employers.”
In fiscal 2004, the most recent year for which numbers are available, the university performed more than $1.375 billion in science, medical and engineering research. Johns Hopkins outpaced other institutions by nearly 44 percent in terms of spending.
The university also ranked first on the National Science Foundation?s list for federally funded research and development, spending $1.229 billion in fiscal 2004 on research supported by such agencies as the National Institutes of Health, NASA, the NSF and the Department of Defense.
In fiscal 2002, Johns Hopkins became the first university to cross the $1 billion threshold on either list, recording $1.14 billion in total research and $1.023 billion in federally funded research that year. No other institution has yet reached the $1 billion mark.
The University of California, Los Angeles, was ranked second in total research and development spending in fiscal 2004, with $773 million.
