DC ranks no. 3 for innovation: report - Technical.ly DC

Business

Mar. 20, 2019 1:08 pm

DC ranks no. 3 for innovation: report

In a new report, WalletHub compared the 50 states and the District across 24 different metrics.

D.C.: Not just monuments and cherry blossoms, but innovation as well.

(Photo by Flickr user Cliff, used under a Creative Commons license)

This latest study is another example as to how the nation’s capital is climbing the ranks in tech and innovation.

In a new study from WalletHub, the District ranks number 3 for innovation. Even though Washington, D.C. was ranked the most innovative state in this study in 2017, the District still tops rankings in other areas, like being the best place for women in  tech.

WalletHub compared the 50 states and the District across two dimensions including human capital and innovation environment, as well as 24 different metrics within each including share of STEM professionals, AP exam participation, entrepreneurial activity, venture capital funding and more. Each dimension accounts for 50 points each. Nearby states didn’t fall too far behind, as Maryland came in at number 4 and Virginia at number 7.

D.C.’s overall state innovation index is 67.47, but the District ranked number 1 in the human capital section and number 17 for innovation environment. Maryland ranked number 5 in the human capital section, and number 7 for innovation environment, while Virginia ranked number 3 for human capital and number 15 for innovation environment.

Even though D.C. didn’t rank number 1 overall, the nation’s capital still came in first in certain categories of the 24 accessed including the following:

  • Highest share of STEM professionals
  • Highest projected STEM job demand by 2020
  • Highest share science and engineering graduates age 25 and older
  • Highest share of tech companies
  • Highest share of research and development spending per capita

Massachusetts topped the list as the most innovative state taking number 2 in human capital and number 1 for innovation environment while Washington State took second overall and number 4 for human capital and number 3 for innovation environment.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

So, what exactly is cybersecurity?

MACH37’s spring 2019 accelerator cohort includes these 6 cyber startups

Arlington-based Accenture Federal Services expands in Texas with new cyber center

SPONSORED

DC

This fast-growing SaaS company aims to be a force for change in the energy industry

Philadelphia, PA

Orthly

Full-Stack Javascript Engineer

Apply Now
Washington DC

The Washington Post

Back End Developer/ Engineer – Arc Engineering

Apply Now
Washington, DC

The Washington Post

Sr. Full Stack Developer

Apply Now

CIT Gap Funds made an investment in Arlington-based 4stay

Mobile advertisement company Carvertise is expanding to the DC area

Remodelmate closes first investment round, raising $525K

SPONSORED

DC

Hear from the privacy pros at Security by the Schuylkill

Washington, D.C.

The Washington Post

Audio Engineer

Apply Now
Washington, D.C.

The Washington Post

Senior Software Engineer (iOS)

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now

Sign-up for daily news updates from Technical.ly Dc

Do NOT follow this link or you will be banned from the site!