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Milken Institute | Research | Publications | Research Reports: 2010 State Technology and Science Index: Enduring Lessons for the Intangible Economy
 2010 State Technology and Science Index: Enduring Lessons for the Intangible Economy
2010 State Technology and Science Index: Enduring Lessons for the Intangible Economy
Ross C. DeVol, Kevin Klowden, and Benjamin Yeo
January 2011
Business | Human Capital | Regional Economics | Science | Technology | U.S. Economy

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An executive summary of the 2010 State Tech and Science Index is available here.

Complete rankings and the interactive data site is available here.

With competition rising from abroad and federal budget allocations under fire, states are facing increasing pressure to nurture their own innovation assets in order grow and sustain diverse economies for the future. Some states, including top-ranked Massachusetts, have successfully built and leveraged their science and technology resources through investment and long-term planning.

These top-ranked states have successfully invested in and are leveraging the tech and science assets that are the engines 21st century economic growth. The Index has tracked and evaluated states' tech and science capabilities and their ability to convert them into companies and high-paying jobs since 2002.

The top ten (with previous Index rankings in 2008):
1. Massachusetts (1)
2. Maryland (2)
3. Colorado (3)
4. California (4)
5. Utah (8)
6. Washington (5)
7. New Hampshire (9)
8. Virginia (6)
9. Connecticut (7)
10. Delaware (14)

The 2010 State Technology and Science Index looks at 79 unique indicators that are categorized into five major components: Research and Development Inputs, Risk Capital and Entrepreneurial Infrastructure, Human Capital Investment, Technology and Science Workforce, and Technology Concentration and Dynamism. It is one of the most comprehensive examinations of state technology and science assets ever compiled.

 
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