Kauffman Foundation: 2010 State New Economy Index
In the 2010 State New Economy Index, Massachusetts tops the list of states leading the push for a global, innovation-based economy.
"In this century, the global economy has shifted," said Robert Litan, vice president of Research & Policy at the Kauffman Foundation. "A mix of highly productive and innovative New Economy firms is necessary for an economy to prosper. The United States is lagging, and that lack of innovation-based vitality has contributed to our continuing recession. States need to concentrate on achieving New Economy success factors and providing the entrepreneurial resources and access that are critical to boosting competitiveness within the global marketplace."
The survey favors states with an abundance of high-tech companies, as well as a high concentration of professionals and college-educated persons employed in "knowledge jobs," or positions that require at least a two-year college degree.
States that lag tend to rely on natural resources or manufacturing, and rely on low costs instead of innovation. But these states can still find opportunity in the innovation market through advanced ICT and high-speed broadband to connect in remote locations.
Investor Cash Management Plans Wilmington, Delaware, Headquarters-Customer Service Center
Innovation Corridors Have Economic Assets Driving Business Growth
Talent-Based Location Strategies
Workforce Q4 2021
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Workforce Development Programs Are in Overdrive
Workforce Q4 2021
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts