Innovation is one of the biggest drivers of U.S. economic growth, but certain states, according to WalletHub, deserve more credit than the others for dominating the technology era of today.
WalletHub has ranked New Jersey as the 12th most-innovative state when compared to the rest of the 50 states and the District of Columbia across 24 key indicators of innovation-friendliness.
The Garden State was also ranked No. 11 in WalletHub’s ‘Human Capital’ category, which includes metrics like share of STEM professionals and AP exam scores.
The state also scored an ‘Innovation Environment’ rank of 18, which includes metrics like share of technology companies and R&D spending per capita.
Overall, New Jersey scored a total of 49.46 out of 100 on WalletHub’s State Innovation Index.
Here are the Top 10 Most Innovative States, according to WalletHub:
- District of Columbia;
Here are the Top 10 Least Innovative States:
- West Virginia;
- North Dakota;
- South Dakota;
To see the full list and methodology, click here.