An interactive version of our annual report, including live links to webpages and videos.
Entrepreneurship and Innovation at MIT:
Continuing Global Growth and Impact
This report by MIT underscores the substantial economic impact of the Institute’s alumni entrepreneurs, whose companies have created millions of jobs and generate annual revenues of nearly $2 trillion — a figure greater than the gross domestic product (GDP) of the world’s 10th-largest economy.
As of 2014, the report estimates, MIT alumni have launched 30,200 active companies, employing roughly 4.6 million people, and generating roughly $1.9 trillion in annual revenues. That revenue total fell between the world’s ninth-largest GDP, Russia ($2.097 trillion), and the 10th-largest, India ($1.877 trillion), according to 2013 data on those and other countries from the International Monetary Fund. This second impact report (following an initial version in 2009) was conducted by Edward Roberts, the David Sarnoff Professor of Management at the MIT Sloan School of Management, and founder and chair of the Trust Center. The initial report estimated that, as of 2006, MIT alumni had founded 25,800 active companies worldwide, employing 3.3 million people and generating nearly $2 trillion in annual revenues.