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Other ASU industry collaborations include: Adaptive Intelligent Materials and Systems Center (AIMS); Advanced Technology Innovation Center; Arizona Institute for Nano-Electronics (AINE), and the Arizona State University Research Park.
=Regional and Local Economic Development=
ASU’s unique assets – including intellectual capital, advanced facilities and student talent – are invaluable in developing a regional economic ecosystem where innovation-based firms can thrive. As a regional economic engine, ASU injects revenue back into the community through student, visitor, and staff spending, and by providing a stable source of employment for thousands of Arizonans.
More specifically, ASU provides the following economic impact in the regional and local economic development:
*'''ASU directly employs''' over 20,000 Arizonans, generating $961 million in wages;*'''Spending by visitors to ASU or sponsored events''' generated $69 million;*'''ASU student spending''' directly generates $248 million of labor income in the state of Arizona;*'''ASU employee and student spending''' pumps over $1.8 billion into the local economy every year; and
*'''Arizona taxpayers invest''' $386 million a year in ASU, and realize a $3.4 billion economic yield on their investment