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Wednesday, March 23, 2022

Innovative States? Hawaii Ranks 40th

By Selected News Articles @ 9:54 PM :: 3626 Views
 

2022’s Most & Least Innovative States

WalletHub, Mar 23, 2022

Innovation is a principal driver of U.S. economic growth. In 2022, the U.S. will spend nearly $600 billion on research and development — more than any other country in the world and more than 25% of the world’s total — helping the nation rank third on the Global Innovation Index. According to the results of the ranking, knowledge and technology outputs are America’s particular strengths. Some of the biggest innovations the U.S. has produced recently are the COVID-19 vaccines.

But certain states deserve more credit than others for America’s dominance in the tech era. These states continue to grow innovation through investments in education, research and business creation, especially in highly specialized industries.

In order to recognize the nation’s biggest contributors, WalletHub compared the 50 states and the District of Columbia across 22 key indicators of innovation-friendliness. Their data set ranges from share of STEM professionals to R&D spending per capita to tech-company density….

read … Full Report

Overall Rank*  40
State Hawaii
WalletHub State Innovation Index  34.19
Human Capital  34
Innovation Environment  41
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