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Introduction
 
Overview & Methodology
 
The Rankings
 
Summary of Results

THE INDICATORS

PART I: KNOWLEDGE JOBS
 
Managerial, Professional, and Technical Jobs


Workforce Education
 
PART II: GLOBALIZATION
 
Export Focus of Manufacturing
 
PART III: ECONOMIC DYNAMISM
 
"Gazelle" Jobs

Job Churning

New Publicly Traded Companies
 
PART IV: THE DIGITAL ECONOMY
 
Online Population

Broadband Telecommunications Capacity

Computer Use in Schools

Commercial Internet Domain Names


Internet Backbone
 
PART V: INNOVATION CAPACITY
 
High-Tech Jobs

Degrees Granted in Science and Engineering

Patents

Academic Research and Development Funding

Venture Capital
 
ECONOMIC DEVELOPMENT STRATEGIES
 
Data Sources

 
The Metropolitan Areas and their Major Cities
 
Weighting Methodology
 
Endnotes
 
The Authors

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BROWSE BY METRO AREA:
The Metropolitan New Economy Index
PART V: INNOVATION CAPACITY

Academic Research & Development Funding

A combined measure of industry investment in R&D at academic institutions and total academic R&D.

Why Is this Important? Research and development, which yields new product innovations and adds to the knowledge base of industry and the marketplace as a whole, is a key driver of economic growth. Data on R&D conducted by businesses in metros are not available, but data on academic R&D are. Metropolitan areas that have academic institutions performing large amounts of R&D, particularly R&D that is funded by industry, are more able to attract and grow technology companies. While it has become almost a cliché to talk about the importance of MIT and Stanford to the economies of Boston and Silicon Valley, it's true that these research universities played and continue to play critical roles in propelling the regional economies.

The Rankings: Raleigh-Durham-Chapel Hill leads the other metros by a wide range both in terms of total R&D and industry-funded R&D. Duke, UNC Chapel Hill, and North Carolina State University have formed the underpinnings for the growth of high-tech in the Research Triangle. The next-highest-ranking metro, Boston, scores significantly lower, but is still well above the national average. Washington, D.C. ranks high largely because of the presence of Johns Hopkins in Baltimore, the leading academic research performer in the nation. However, because so much of its R&D comes from non-industry sources, Washington, D.C. ranks seventh in industry-funded research. Strong state universities (UNC-Greensboro, SUNY-Buffalo) or private universities (Washington University in St. Louis) lead to a number of surprises among the top metro areas.

Academic Research & Development Funding
100th-76th Percentile
75th-51st Percentile
50th-26th Percentile
25th-1st Percentile
 
METRO AREAS BY RANK
Rank Metro Area Score
1 Raleigh-Durham 14.5
2 Boston 11.1
3 Washington 10.8
4 Austin 10.7
5 Salt Lake City 10.6
6 St. Louis 10.5
7 Columbus 10.3
8 Greensboro 10.3
9 Richmond 10.2
10 Atlanta 10.2
11 Rochester 10.1
12 Pittsburgh 10.1
13 San Diego 10.1
14 Buffalo 10.1
15 San Francisco 10.0
16 Houston 10.0
17 Miami 10.0
18 Sacramento 10.0
19 Cincinnati 10.0
20 Detroit 9.9
21 Philadelphia 9.9
22 Seattle 9.9
23 Hartford 9.9
24 Tampa 9.9
25 Minneapolis 9.9
26 New York 9.9
27 Denver 9.8
28 New Orleans 9.8
29 Oklahoma City 9.8
30 San Antonio 9.8
31 Nashville 9.8
32 Chicago 9.8
33 Los Angeles 9.7
34 Cleveland 9.7
35 Portland 9.7
36 Norfolk 9.7
37 Louisville 9.7
38 Phoenix 9.6
39 Dallas 9.6
40 Dayton 9.6
41 Milwaukee 9.6
42 West Palm Beach 9.5
43 Orlando 9.5
44 Memphis 9.5
45 Las Vegas 9.5
46 Kansas City 9.5
47 Grand Rapids 9.5
48 Charlotte 9.5
49 Indianapolis 9.4
50 Jacksonville 9.4
U.S. Average 9.8
Top 50 Metro Average 10.0
    
ALPHABETICALLY
Metro Area Rank Score
Atlanta 10 10.2
Austin 4 10.7
Boston 2 11.1
Buffalo 14 10.1
Charlotte 48 9.5
Chicago 32 9.8
Cincinnati 19 10.0
Cleveland 34 9.7
Columbus 7 10.3
Dallas 39 9.6
Dayton 40 9.6
Denver 27 9.8
Detroit 20 9.9
Grand Rapids 47 9.5
Greensboro 8 10.3
Hartford 23 9.9
Houston 16 10.0
Indianapolis 49 9.4
Jacksonville 50 9.4
Kansas City 46 9.5
Las Vegas 45 9.5
Los Angeles 33 9.7
Louisville 37 9.7
Memphis 44 9.5
Miami 17 10.0
Milwaukee 41 9.6
Minneapolis 25 9.9
Nashville 31 9.8
New Orleans 28 9.8
New York 26 9.9
Norfolk 36 9.7
Oklahoma City 29 9.8
Orlando 43 9.5
Philadelphia 21 9.9
Phoenix 38 9.6
Pittsburgh 12 10.1
Portland 35 9.7
Raleigh-Durham 1 14.5
Richmond 9 10.2
Rochester 11 10.1
Sacramento 18 10.0
Salt Lake City 5 10.6
San Antonio 30 9.8
San Diego 13 10.1
San Francisco 15 10.0
Seattle 22 9.9
St. Louis 6 10.5
Tampa 24 9.9
Washington 3 10.8
West Palm Beach 42 9.5

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Metro Index Home | Introduction | Overview &
Methodology
| The Rankings | Summary of Results
Development Strategies | Data Sources
Metro Areas | Endnotes | The Authors

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