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

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

APPENDIX

Weighting Methodology

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:

Weighting factors for final score:	Weight
Knowledge Jobs
IT Professionals	.75
Professional and Managerial Jobs	.75
Manufacturing Workforce Education	.75
Workforce Education	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 Economy
Online Population	.75
“.com” Domain Names	.75
Technology in Schools	.50
Digital Government	.50
Farms and Technology	.50
Manufacturing and Technology	.50
Broadband	1.0
Total	4.5
Innovation Infrastructure
High-tech Employment	.75
Scientists and Engineers	.75
Patents	.75
R&D	.75
Venture Capital	1.0
Total	4.0

Go to Endnotes >>

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

Download PDF Version of This Report (10 MB) Please expect lengthy download time, during which your browser window may appear blank. (PDF version requires Acrobat Reader)