Best in Texas™: Texas continues moving up in rankings of most innovative States. ALEX Labs

by swpre-chime-me

ALEX Labs just completed analysis of Wallet Hub‘s annual report ranking DC and the States based on innovation. DC again ranks #1 and Texas moved up to #15. Analysis was based on 22 criteria spanning from “…share of STEM professionals to R&D spending per capita to tech-company density…”

MOST INNOVATIVE STATES TABLE

RankState
1District of Columbia
2Massachusetts
3Washington
4Maryland
5California
6Colorado
7Virginia
8Delaware
9New Hampshire
10New Jersey
11Utah
12Oregon
13New Mexico
14Connecticut
15Texas
16North Carolina
17Florida
18Michigan
19Arizona
20Idaho
21Minnesota
22Rhode Island
23Wyoming
24Georgia
25Illinois
26Pennsylvania
27New York
28Ohio
29Indiana
30Wisconsin
31South Carolina
32Vermont
33Hawaii
34Nevada
35Alabama
36Missouri
37Tennessee
38Kansas
39Maine
40Montana
41Alaska
42Kentucky
43Iowa
44Nebraska
45South Dakota
46Oklahoma
47Arkansas
48West Virginia
49North Dakota
50Louisiana
51Mississippi

CRITERIA

  1. Share of STEM Professionals: Double Weight (~14.29 Points)
  2. Share of Science & Engineering Graduates: Full Weight (~7.14 Points)
  3. Projected STEM-Job Demand by 2030: Full Weight (~7.14 Points)
  4. Scientific-Knowledge Output: Full Weight (~7.14 Points)
  5. Eighth-Grade Math & Science Performance: Full Weight (~7.14 Points)
  6. AP Exam Participation: Full Weight (~7.14 Points)
  7. Share of Technology Companies: Double Weight (~5.56 Points)
  8. R&D Spending per Capita: Double Weight (~5.56 Points)
  9. R&D Intensity: Full Weight (~2.78 Points)
  10. Invention Patents per Capita: Full Weight (~2.78 Points)
  11. Tech GSP as a Percent of Total State Product: Full Weight (~2.78 Points)
  12. Net Migration: Full Weight (~2.78 Points)
  13. Entrepreneurial Activity: Full Weight (~2.78 Points)
  14. Number of Startups “Accelerated” per Total Number of Start-ups: Full Weight (~2.78 Points)
  15. Tax-Friendliness: Double Weight (~5.56 Points)
  16. Venture-Capital Funding per Capita: Full Weight (~2.78 Points)
  17. Average Annual Federal Small-Business Funding per GDP: Full Weight (~2.78 Points)
  18. Industry-Cluster Strength: Full Weight (~2.78 Points)
  19. Open Roads & Skies Friendly Laws: Half Weight (~1.39 Points)
  20. Average Internet Speed: Full Weight (~2.78 Points)
  21. Share of Households with Internet Access: Full Weight (~2.78 Points)
  22. Adoption of K–12 Computer Science Standards: Half Weight (~1.39 Points)

KEY LINKS

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Wallethub Report

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Diane Hart Alexander, MBA, MHA, Broker CEO
Alexander Tiffany Southwest dba ALEX.realestate
Chairman, ALEX Cares 
713.591.9902
713.918.9951
diane@alex.realestate

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