1. DCEO
  2. Why Illinois
  3. Nexus of Innovation

Numbers At A Glance

  • Illinois universities licensed approximately 130 technologies per year from 2007 to 2010, and hit a decade-high in 2010, with 142 executed licenses and options.

  • At least 122 university start-ups were founded in Illinois from 2006 to 2011, with 27 established in 2011, a new record.  Source: Illinois Innovation Index

  • In 2011, the Chicago area had a monthly average of 123,668 online postings for all occupations. Among the top 25 occupations, IT-related fields accounted for nearly 14,000 average monthly postings—11 percent of total postings.  Source: Illinois Innovation Index

  • Chicago benefits from a deep, experienced workforce. 55% of Chicago’s online job seekers have more than seven years of work experience; one-quarter of candidates had in excess of 15 years of experience.  Source: Chicago Job Conditions Report, 2011

  • Overall, 33.4% of Chicago MSA residents have a bachelor’s degree or higher. In 2011, more than half of Chicago metro job seekers had a least a bachelor’s degree.  Source: Chicago Job Conditions Report, 2011

  • Over the past five years, 579 private and public organizations from Chicago have been granted patents, including 407 in 2010- more than any years since 2006.  Source: Illinois Innovation Index