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NewEconomy
Index.org Home
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



|
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Innovation
Capacity
In the old economy, a large share of economic growth stemmed from increases
in the supply of capital, labor, or natural resources. Most growth in
the New Economy, especially growth in per-capita incomes, stems from increases
in knowledge and innovation and its widespread adoption.
32 Technological innovation, in
particular, is one of the fundamental drivers of growth in the New Economy.
Studies show that technological innovation is responsible for over two-thirds
of per capita economic growth.
33
The innovation capacity indicators in this section measure five things:
1) share of jobs in high-tech industries; 2) scientists and engineers
as a share of the workforce; 3) the number of patents relative to the
size of the workforce; 4) industry R&D as a share of GSP; and 5) venture
capital invested as a share of GSP.
Aggregated
Innovation Capacity Scores
| STATES
BY RANK |
| Rank |
State |
Score |
| 1 |
Massachusetts |
18.58 |
| 2 |
California |
17.41 |
| 3 |
Colorado |
17.14 |
| 4 |
New
Jersey |
14.8 |
| 5 |
Delaware |
14.72 |
| 6 |
Maryland |
14.22 |
| 7 |
New
Mexico |
13.77 |
| 8 |
Washington |
13.41 |
| 9 |
Connecticut |
13.34 |
| 10 |
Idaho |
13.07 |
| 11 |
New
Hampshire |
12.54 |
| 12 |
Rhode
Island |
12.44 |
| 13 |
Minnesota |
12.17 |
| 14 |
New
York |
12.09 |
| 15 |
Utah |
11.62 |
| 16 |
Vermont |
11.53 |
| 17 |
Arizona |
11.51 |
| 18 |
Oregon |
11.45 |
| 19 |
Virginia |
11.36 |
| 20 |
Pennsylvania |
11.29 |
| 21 |
Texas |
10.8 |
| 22 |
Illinois |
10.01 |
| 23 |
North
Carolina |
9.82 |
| 24 |
Michigan |
9.42 |
| 25 |
Georgia |
9.15 |
| 26 |
Ohio |
8.68 |
| 27 |
Florida |
8.53 |
| 28 |
Kansas |
8.34 |
| 29 |
Wisconsin |
8.18 |
| 30 |
Missouri |
8.15 |
| 31 |
Maine |
7.87 |
| 32 |
Iowa |
7.85 |
| 33 |
Montana |
7.84 |
| 34 |
Nebraska |
7.66 |
| 35 |
Hawaii |
7.47 |
| 36 |
Indiana |
7.39 |
| 37 |
Tennessee |
7.27 |
| 38 |
North
Dakota |
7.24 |
| 39 |
Alaska |
7.17 |
| 40 |
Oklahoma |
7.17 |
| 41 |
Alabama |
7.15 |
| 42 |
Nevada |
7.03 |
| 43 |
South
Carolina |
6.7 |
| 44 |
Kentucky |
6.64 |
| 45 |
West
Virginia |
6.62 |
| 46 |
South
Dakota |
6.54 |
| 47 |
Wyoming |
6.53 |
| 48 |
Louisiana |
6.35 |
| 49 |
Arkansas |
6.07 |
| 50 |
Mississippi |
5.9 |
|
U.S.
Average |
10.00 |
|
|
| ALPHABETICALLY |
| Rank |
State |
Score |
| 41 |
Alabama |
7.15 |
| 39 |
Alaska |
7.17 |
| 17 |
Arizona |
11.51 |
| 49 |
Arkansas |
6.07 |
| 2 |
California |
17.41 |
| 3 |
Colorado |
17.14 |
| 9 |
Connecticut |
13.34 |
| 5 |
Delaware |
14.72 |
| 27 |
Florida |
8.53 |
| 25 |
Georgia |
9.15 |
| 35 |
Hawaii |
7.47 |
| 10 |
Idaho |
13.07 |
| 22 |
Illinois |
10.01 |
| 36 |
Indiana |
7.39 |
| 32 |
Iowa |
7.85 |
| 28 |
Kansas |
8.34 |
| 44 |
Kentucky |
6.64 |
| 48 |
Louisiana |
6.35 |
| 31 |
Maine |
7.87 |
| 6 |
Maryland |
14.22 |
| 1 |
Massachusetts |
18.58 |
| 24 |
Michigan |
9.42 |
| 13 |
Minnesota |
12.17 |
| 50 |
Mississippi |
5.9 |
| 30 |
Missouri |
8.15 |
| 33 |
Montana |
7.84 |
| 34 |
Nebraska |
7.66 |
| 42 |
Nevada |
7.03 |
| 11 |
New
Hampshire |
12.54 |
| 4 |
New
Jersey |
14.8 |
| 7 |
New
Mexico |
13.77 |
| 14 |
New
York |
12.09 |
| 23 |
North
Carolina |
9.82 |
| 38 |
North
Dakota |
7.24 |
| 26 |
Ohio |
8.68 |
| 40 |
Oklahoma |
7.17 |
| 18 |
Oregon |
11.45 |
| 20 |
Pennsylvania |
11.29 |
| 12 |
Rhode
Island |
12.44 |
| 43 |
South
Carolina |
6.7 |
| 46 |
South
Dakota |
6.54 |
| 37 |
Tennessee |
7.27 |
| 21 |
Texas |
10.8 |
| 15 |
Utah |
11.62 |
| 16 |
Vermont |
11.53 |
| 19 |
Virginia |
11.36 |
| 8 |
Washington |
13.41 |
| 45 |
West
Virginia |
6.62 |
| 29 |
Wisconsin |
8.18 |
| 47 |
Wyoming |
6.53 |
|
Source: Author's calculations
based on the states' scores in five indicators high-tech jobs,
scientists and engineers, patents, industry investment in R&D, and
venture capital.
Go
to next indicator >>
2002 State Index Home | Introduction
| Overview &
Methodology | The Rankings
| Summary of Results
Development Strategies |
Data Sources
Weighting Methodology | Endnotes
| The Author
The Progressive
Policy Institute (PPI)
Technology, Innovation, and New Economy Project
600 Pennsylvania Ave., S.E., Suite 400, Washington DC 20003
Phone: (202) 547-0001
www.ppionline.org
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