Massachusetts is 2018’s most innovative state, per WalletHub study

Filed Under: Other News

With the U.S. projected to spend $553 billion on research and development in 2018 and multiple cities vying to become the location of Amazon’s HQ2, the personal-finance website WalletHub has released its report on 2018’s Most & Least Innovative States.
In order to give credit to the states that have contributed the most to America’s innovative success, WalletHub compared the 50 states and the District of Columbia across 22 key metrics. The data set ranges from share of STEM professionals to R&D spending per capita.
Innovation in Massachusetts (1=Most Innovative, 25=Avg.):
• 4th – Share of STEM Professionals
• 5th – Projected STEM-Job Demand by 2020
• 4th – Eighth-Grade Math & Science Performance
• 5th – Share of Science & Engineering Graduates Aged 25+
• 7th – Share of Technology Companies
• 1st – R&D Spending per Capita
• 1st – Venture-Capital Funding per Capita
For the full report, visit: https://wallethub.com/edu/most-innovative-states/31890/