Delaware is among the leaders when it comes to Innovation: Ranks #6 in the 2010 ‘New Economy States’ Study
The State New Economy Index uses 26 indicators to assess states’ fundamental capacity to successfully navigate the shoals of economic change. It measures the extent to which state economies are knowledge-based, globalized, entrepreneurial, IT-driven and innovation-based – in other words, to what degree state economies’ structures and operations match the ideal structure of the New Economy. The 2010 Index builds on four earlier Indexes, published in 1999, 2002, 2007 and 2008.
Methodology
Overall, the 2010 State New Economy Index uses 26 indicators, divided into five categories that best capture what is new about the New Economy:
1) Knowledge jobs
2) Globalization
3) Economic dynamism
4) Transformation to a digital economy
5) Technological innovation capacity
Delaware ranks 6th overall in in the Kauffman/ITIF Study.
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