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Innovative US States    [Date Added : 03/31/2017 ]
US-based WalletHub has analyzed US states for innovation 'friendliness' and identified the leading states. WalletHub has found that the leading innovative states earned an index score more than triple those of the most stagnant economies. The top-5 US states for innovation are:

1. Maryland: Second in human capital and first in innovation environment. With pioneers such as Lockheed Martin Corporation and educators like Discovery Communications Inc. Maryland ranked second in national share of technology companies and science and engineering graduates above age 25, as well as third in STEM professionals and R&D spending per capita.

2. Massachusetts: Third in human capital and second in innovation environment; home to Thermo Fisher Scientific, Raytheon Company, Activision Blizzard and Skyworks Solutions. The state also tied for first in venture capital funding per capita, ranked second in R&D spending per capita and took third in average Internet speed.

3. California: Sixth in human capital and third in innovation environment. Silicon Valley is headquarters of Apple, Alphabet and Facebook. The state has scores of established corporations and start-ups which helped to secure its first-place tie for venture capital funding per capita.

4. Colorado: Seventh in human capital and fifth in innovation environment. Colorado, the headquarters of DISH Network and Level 3 Communications, also ranked first in eighth-grade math and science performance.

5. Washington: Fifth in human capital and eighth in innovation environment. Led by the likes of Microsoft, Amazon.com, and T-Mobile US, Washington boasted No. 3 rankings in population of STEM professionals, projected three-year STEM-job demand and science and engineering graduates above age 25.

Although not a state, the District of Columbia came in first place overall. Additionally, it was first in human capital and seventh in innovation environment. Led by the likes of Danaher Corporation, the District of Columbia also has the fastest internet speed and highest R&D spending per capita, share of STEM professionals, projected three-year STEM-job demand and science and engineering graduates above age 25. It ranked second in venture capital funding per capita and third in shares of technology companies.
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