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

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

CRITERIA

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

KEY LINKS

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Wallethub Report

FOR MORE INFORMATION

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

Best in Texas™: Texas continues moving up in rankings of most innov...