Top 20 Most Innovative States

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

Photograph by Claudia Uripos/eStock Photo

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3. Massachusetts

Massachusetts ranked as the third most innovative state, based on these factors:

STEM professionals as a percentage of state population:

3.44%

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

11.84%

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

4.74%

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

0.35%

Gross state product per employed person:

$110,325

Three-year change in productivity:

3.39%

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

29.19%

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