Top 20 Most Innovative States

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

Photograph by Heeb Photos/eStock Photo

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12. Texas

Texas ranked as the 12th most innovative state, based on these factors:

STEM professionals as a percentage of state population:

1.96%

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

6.25%

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

6.92%

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

3.37%

Gross state product per employed person:

$104,659

Three-year change in productivity:

5.7%

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

12.45%

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