Top 20 Most Innovative States

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

Photograph by GlowCam/eStock Photo

Company Symbol % Change
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2. California

California ranked as the second most innovative state, based on these factors:

STEM professionals as a percentage of state population:

2.26%

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

8.83%

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

26.54% (the highest among the top 20)

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

10.67%

Gross state product per employed person:

$103,434

Three-year change in productivity:

-0.65%

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

28.92%

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