New Jersey Institute of Technology creates at least $1.74 billion of economic value for the Garden State each year, according to a new analysis of the Newark-based research university's economic impact. NJIT is a leading national polytechnic, STEM-focused public institution of higher education. NJIT's unique portfolio of teaching, research, service and economic development makes it one of the largest suppliers of the technology workforce, and the largest technology incubator, in the state. >>