This study is based on the Milken Institute 2008 State Technology and Science Index, which encapsulates each state's comprehensive inventory of technology and science assets that can be leveraged to promote economic development.
View the interactive data set and full rankings for all states here.
Taking that information, California's Position in Technology and Science:
A Comparative Benchmarking Assessment offers a detailed look at California's
position in the knowledge-based economy.
California dropped from 2nd place to 4th in the 2008 rankings, thanks in large part to its growing difficulty in attracting the top national and international graduate-level students, garnering federal R&D funding and preparing its future workforce in the K-12 system.
California is one of several states that has well-developed high-tech industries and are being challenged by up and coming states that are actively competing for the high-tech workers and assets that foster sustainable economic growth.
California's Position in Technology and Science: A Comparative Benchmarking Assessment looks at 77 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
- Technology concentration and dynamism
The national version which includes all 50 states' rankings is available here.
The index was made possible in part through the support of Goodwin Procter LLP.