California, Massachusetts Rank as Most Innovative States

For the second consecutive year, California and Massachusetts took the first and second spots in Bloomberg’s annual State Innovation Index.

The ranking is based on six equally weighted metrics: research and development intensity, productivity, clusters of companies in technology, STEM jobs, residents with degrees in science and engineering disciplines and patent activity.

“Entrepreneurism and innovation are core to our economy, and our workforce and will be the foundation of our recovery,” said Chris Dombrowski, acting director of the Governor’s Office of Business and Economic Development.

Source: Yahoo! Finance – Click here to read the full article.

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