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1999 State Index Home
 
Introduction
 
Overview & Methodology
 
Overall Rankings
 
Summary of Results
THE INDICATORS

PART I: KNOWLEDGE JOBS
 
Office Jobs

Managerial, Professional, and Technical Jobs

Workforce Education
 
PART II: GLOBALIZATION
 
Export Focus of Manufacturing

Foreign Direct Investment
 
PART III: ECONOMIC DYNAMISM
 
"Gazelle" Jobs

Job Churning

IPOs
 
PART IV: THE DIGITAL ECONOMY
 
Online Population

".com" Domain Name Registrations

Technology in Schools

Digital Government
 
PART V: INNOVATION CAPACITY
 
High-Tech Jobs

Scientists and Engineers

Patents

Industry Investment in R&D

Venture Capital
 
ECONOMIC DEVELOPMENT STRATEGIES
 
Data Sources
 
Weighting System
 
Endnotes
 
The Authors

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The State New Economy Index
APPENDIX

Weighting System

Raw scores were calculated for each state for each indicator. In the composite analyses, the indicators were weighted so that closely correlated ones wouldn’t bias the results. In addition, to measure the magnitude of differences between states and not just their ranks, in each indicator, scores were based on the standard deviation of each from the mean score of all of the states.

Weighting factors for final score: Weight
Knowledge Jobs     
    Office Jobs    .75
    Professional and Managerial Jobs    .75
    Educational Level    1.0
    Total    2.5
Globalization     
    Export Orientation    1.0
    FDI    1.0
    Total    2.0
Dynamism and Competition    
    Gazelles    1.0
    Churn    1.0
    IPOs    1.0
    Total    3.0
Digital Transformation    
    Classrooms with Internet    .33
    Teachers with E-mail    .33
    Teacher Tech Training    .33
    Adults on Internet    1.0
    Digital Government    1.0
    “.com” Domain Names    1.0
    Total    4.0
Innovation Infrastructure   
    High-tech Workers    .75
    Scientists and Engineers    .75
    Patents    .75
    R&D    .75
    Venture Capital    1.0
    Total    4.0

 
State Index Home | Introduction
The Rankings | Summary of Results
Development Strategies | Data Sources
Appendix | Endnotes | The Authors

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