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2002 State Index Home
 
Introduction
 
Overview & Methodology
 
Overall Rankings
 
Summary of Results
 
THE INDICATORS
 
PART I: KNOWLEDGE JOBS
 
Information Technology Jobs

Managerial, Professional, and Technical Jobs

Workforce Education

Education Level of the Manufacturing Workforce
 
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

Commercial Internet Domain Names

Technology in Schools

Digital Government

Online Agriculture

Online Manufacturers

Broadband Telecommunications
 
PART V: INNOVATION CAPACITY
 
High-Tech Jobs

Scientists and Engineers

Patents

Industry Investment in R&D

Venture Capital
 
ECONOMIC DEVELOPMENT STRATEGIES
 
Data Sources
 
Weighting Methodology
 
Endnotes
 
The Author

BROWSE BY STATE: Choose State ---------- Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

PART 2: GLOBALIZATION

While the old economy was national in scope, the New Economy is global. While in 1975 there were about 7,000 multi-national companies, today there are approximately 40,000. 12 By the time they are five years old, the average venture-backed company exports 36 percent of sales overseas. It is now a competitive requirement that fast-growing companies, as well as established mid-size and larger businesses, invest all over the globe to access markets, technology, and talent.

When the old economy emerged in the late 1940s, the winners were states whose businesses sold to national markets, as opposed to local or regional ones. At the beginning of the 21st century, the winners will be the states whose businesses are most integrat-ed into the world economy. Despite the current slowdown in many nations, a global orientation ensures expanding markets for a state's industries. Since the workforce of globally oriented firms also earn more than workers in other firms, a global orientation means that a state's workforce will have a higher standard of living.

The globalization indicators in this section measure two things: 1) the extent to which the state's manufacturing workforce is employed producing goods for export, 13 and 2) the share of the workforce employed by foreign-owned companies.

Aggregated Globalization Scores

STATES BY RANK Rank State Score 1 Delaware 15.26 2 Alaska 12.76 3 Hawaii 12.69 4 New Jersey 12.66 5 New York 11.74 6 Connecticut 11.65 7 South Carolina 11.61 8 Michigan 11.42 9 Washington 11.35 10 California 11.26 11 Texas 11.21 12 Massachusetts 11.18 13 Colorado 11.11 14 North Carolina 11.09 15 Florida 10.62 16 Vermont 10.6 17 New Hampshire 10.5 18 Kentucky 10.49 19 Tennessee 10.45 20 Georgia 10.39 21 Illinois 10.28 22 Indiana 10.22 23 Virginia 10.18 24 Maine 10.1 25 Pennsylvania 10.04 26 Nevada 9.9 27 Ohio 9.89 28 Oregon 9.81 29 Minnesota 9.79 30 Maryland 9.49 31 Rhode Island 9.39 32 Idaho 9.39 33 Arizona 9.34 34 Kansas 9.28 35 Montana 9.26 36 Alabama 9.04 37 West Virginia 8.9 38 Missouri 8.83 39 Wisconsin 8.79 40 Nebraska 8.71 41 Utah 8.58 42 Louisiana 8.52 43 North Dakota 8.31 44 Oklahoma 8.29 45 Arkansas 8.14 46 Wyoming 7.96 47 Iowa 7.87 48 New Mexico 7.46 49 Mississippi 7.3 50 South Dakota 6.92 U.S. Average 10.00

ALPHABETICALLY Rank State Score 36 Alabama 9.04 2 Alaska 12.76 33 Arizona 9.34 45 Arkansas 8.14 10 California 11.26 13 Colorado 11.11 6 Connecticut 11.65 1 Delaware 15.26 15 Florida 10.62 20 Georgia 10.39 3 Hawaii 12.69 32 Idaho 9.39 21 Illinois 10.28 22 Indiana 10.22 47 Iowa 7.87 34 Kansas 9.28 18 Kentucky 10.49 42 Louisiana 8.52 24 Maine 10.1 30 Maryland 9.49 12 Massachusetts 11.18 8 Michigan 11.42 29 Minnesota 9.79 49 Mississippi 7.3 38 Missouri 8.83 35 Montana 9.26 40 Nebraska 8.71 26 Nevada 9.9 17 New Hampshire 10.5 4 New Jersey 12.66 48 New Mexico 7.46 5 New York 11.74 14 North Carolina 11.09 43 North Dakota 8.31 27 Ohio 9.89 44 Oklahoma 8.29 28 Oregon 9.81 25 Pennsylvania 10.04 31 Rhode Island 9.39 7 South Carolina 11.61 50 South Dakota 6.92 19 Tennessee 10.45 11 Texas 11.21 41 Utah 8.58 16 Vermont 10.6 23 Virginia 10.18 9 Washington 11.35 37 West Virginia 8.9 39 Wisconsin 8.79 46 Wyoming 7.96

Source: Author's calculations based on the states' scores in two indicators: export focus of manufacturing and foreign direct investment.

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2002 State Index Home | Introduction | Overview &
Methodology | The Rankings | Summary of Results
Development Strategies | Data Sources
Weighting Methodology | Endnotes | The Author

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