Here Are the Most Innovative States in America
The Boston area's Route 128 eked out a victory over Silicon Valley, as Bloomberg's ranking of the most innovative states in the U.S. illustrates how universities can juice local economies.
Massachusetts is the most innovative state, with California scoring a close second and Washington, New Jersey and Connecticut rounding out the top five states, according to the data compiled by Bloomberg. Mississippi, West Virginia and South Dakota are the three least innovative states.
"You've got these major, world-ranked institutions that have played a big role in terms of churning out some very, very well-qualified, bright people," feeding an innovative atmosphere, said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts.
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