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NewEconomy
Index.org Home
Metro Index Home
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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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.

 |
 |
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
The Progressive
Policy Institute (PPI)
Technology, Innovation, and New Economy Project
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