Top 20 Most Innovative States

By Bloomberg Rankings - 2013-12-19T02:42:33Z

Photograph by Claudia Uripos/eStock Photo

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7. New Jersey

New Jersey ranked as the seventh most innovative state, based on these factors:

STEM professionals as a percentage of state population:

2.39%

Science and tech degree holders as a percentage of state population:

9.88%

Utility patents granted as a percentage of U.S. total:

3.49%

State government R&D spending as a percentage of U.S. total:

1.22%

Gross state product per employed person:

$103,766

Three-year change in productivity:

-1.12%

Public tech companies as a percentage of all public companies based in the state:

27.8%

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