POTSDAM -- Clarkson University had an economic impact of $322 million to the North Country regional economy in 2015 through its operations and jobs supporting student services and commercialization of research.

That is according to an updated economic analysis by the Center for Governmental Research, released Monday.

The figure includes state and local tax revenues and personal income tax revenue.

The university’s new Albany-area campus generated $21.1 million there, according to the announcement from Clarkson.

“With powerful purpose and intentions to achieve results, Clarkson University and its students actively engage in public -private partnerships to advance economic development opportunities and programs that make our communities great places to live, learn, work and visit,” said Vice President for External Relations Kelly O. Chezum.

Clarkson’s Shipley Center for Innovation, the home for one of New York State’s Innovation Hot Spots, is one example of public-private partnerships, according to a press release from Clarkson. Working with regional economic development partners and research centers across the campus, Shipley staff have facilitated more than 140 new start-ups and have more than 380 projects in the pipeline, the announcement said.

After five years of operation, the incubator is seeing successes, including Delta Water, which moved to the St. Lawrence County IDA building in Potsdam. The Hot Spot alone contributed $5.3 million in raised capital and directly created or retained 76 jobs in 2015-2016.

These commercial activities that go beyond the academic mission on campus also contribute to property taxes. Examples where square footage is dedicated to for-profit activities include Clarkson Hall, Peyton Hall and Lewis House on the downtown campus, which have portions rented to regional for-profit businesses. Damon Hall, vacant for the last 10 years, is being converted into a light manufacturing incubator and is planned to be on the tax rolls when it opens in 2017.

Clarkson also pays property taxes on the Clarkson Inn and the University Bookstore.

Clarkson University’s detailed economic impact data can be found at http://www.clarkson.edu/news/clarkson-eco-impact-12-12-2016.pdf and http://www.clarkson.edu/news/clarkson-crc-eco-impact-12-12-2016.pdf.