RESEARCH TOPICS
Target Sectors for AI Impact
Data-driven insights into SMEs across key industries where AI can make the biggest impact.
Sustainable Energy Marketplace and Societal Readiness
This paper develops a green energy investment model linking societal acceptance, investor risk perception, and consumer preferences. Using the Fukushima disaster as a case study, it shows public sentiment impacts green investment flows, returns, and energy-sector jobs.
BioPharma SME Capabilities
Research and Development (R&D) : Discovering and developing new drugs, biologics, and medical technologies to address various health conditions and unmet medical needs.
Specialization and Expertise: SME often specialize in a niche area and may include fields such as immunology, gene therapies, biotechnology, and precision medicine.
Clinical Trials and Regulatory Compliance: SMEs can conduct/assist in clinical trials to test the safety and efficacy of their drug candidates.
Innovation and Adaptability: SMEs are often more agile and adaptable than larger pharmaceutical companies, allowing them to quickly respond to market changes and emerging trends.
Job Creation and Economic Impact: BioPharma SMEs contribute to job creation and economic growth in Pennsylvania. Their presence supports a skilled workforce and stimulates the life sciences ecosystem.
BioPharma Manufacturing SMEs in PA Stats
NAICS code – 3254 – Pharmaceutical and Medicine Manufacturing
Total # Companies in PA: 488
Total Revenue/Sales : $27,501,657,994
Total # Employees: 100,065
# SMEs (Companies in PA with Sales less than $1 Million) = 285
Revenue/Sales SMEs: $80,168,566
# Employees SMEs: 1620
Counties with SME concentration: Philadelphia County, Montgomery County, Chester County, Bucks County, Berks County, Allegheny County
Aerospace & Defense SMEs in PA
Relevant NAICS Codes:
(332) Fabricated Metal Product Manufacturing
(333) Machinery Manufacturing
(334) Computer and Electronic Product Manufacturing
(335) Electrical Equipment, Appliance, and Component Manufacturing
(336) Transportation Equipment Manufacturing
Semiconductor Manufacturing SMEs in PA Stats
NAICS code: 3344 (Semiconductor and Other Electronic Component Manufacturing)
Total # Companies in PA: 490
Total Revenue/Sales : $16,075,510,160
Total # Employees: 72,325
SMEs (Companies in PA with Sales less than $1 Million) = 300
Revenue/Sales SMEs: $82,450,153
# Employees SMEs: 3328
Manufacturing (All Kinds) SMEs Stats
SME Criteria : Revenue less than $1M
NAICS Code for MFG (All kinds) – 31, 32, 33
Total SMEs in USA across all MFG sectors – 1,012,619
Total SMEs in PA across all MFG sectors – 38,326