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2022 State Technology and Science Index
About Rankings Sub-Indexes Methodology Media
  • Research and Development Inputs
  • Risk Capital and Entrepreneurial Infrastructure
  • Human Capital Investment
  • Technology and Science Workforce
  • Technology Concentration and Dynamism
  • Overall Rankings in 2022
  • Rankings by Sub-Index
  • Rankings by Year
  • What is STSI?
  • FAQ
  • Contributors
  • Index Outline
  • Indicators
State Technology and Science Index | Risk Capital and Entrepreneurial Infrastructure Composite Index
 

Sub-Indexes

Risk Capital and Entrepreneurial Infrastructure (RCI)

States entrepreneurial capacity and risk capital infrastructure are ingredients that determine their success in converting research into commercially viable technology services and products. We include measures of venture capital as well as entrepreneurial activity such as patents, business formation, and initial public offerings.

2022
State Rank Score
Delaware 1 87.45
California 2 82.36
Utah 3 79.27
Massachusetts 4 78.91
Nevada 5 73.27
Colorado 6 71.64
North Carolina 7 70.55
Washington 8 69.27
Connecticut 9 69.09
New Jersey 10 64.73
Texas 11 63.45
New York 12 62.73
Florida 13 62.18
Arizona 14 61.09
Illinois 15 60.00
Pennsylvania 16 58.18
Minnesota 17 57.27
Idaho 18 56.91
Virginia 19 56.00
Nebraska 20 55.45
Georgia 21 55.09
Oregon 22 54.18
Wyoming 23 53.45
New Hampshire 24 52.18
Montana 25 52.00
Maryland 26 51.27
Missouri 27 49.64
Ohio 28 48.18
Rhode Island 29 46.91
South Dakota 29 46.91
Tennessee 31 45.64
Vermont 32 45.27
Wisconsin 33 44.55
Kentucky 34 43.09
Iowa 35 41.82
Michigan 36 41.64
Arkansas 37 41.45
New Mexico 38 40.55
South Carolina 38 40.55
Indiana 40 39.82
Alabama 41 35.45
Hawaii 42 32.91
Kansas 43 32.55
Oklahoma 44 30.55
Maine 45 28.91
Louisiana 46 24.00
North Dakota 47 22.55
Mississippi 48 22.36
West Virginia 49 22.00
Alaska 50 17.64
2020
State Rank Score
California 1 85.82
Colorado 2 84.00
Massachusetts 3 83.45
Utah 4 74.18
Washington 5 73.64
Minnesota 6 69.09
Oregon 7 68.73
New York 8 68.18
Texas 9 65.45
Pennsylvania 10 63.82
New Hampshire 11 63.27
Delaware 12 62.00
Illinois 13 61.27
New Jersey 14 60.18
Connecticut 15 59.82
Florida 16 58.36
North Carolina 17 57.82
Maryland 18 56.91
Arizona 19 55.45
Georgia 20 54.73
Montana 21 52.73
New Mexico 22 52.55
Tennessee 23 52.18
Ohio 24 52.00
Virginia 25 50.91
Indiana 26 50.73
Wisconsin 27 48.00
Michigan 28 47.82
Idaho 29 46.73
Vermont 29 46.73
Kentucky 31 46.00
South Carolina 31 46.00
Hawaii 33 44.73
Maine 33 44.73
Kansas 35 44.55
Rhode Island 36 43.64
Missouri 37 42.91
Arkansas 38 42.55
North Dakota 39 39.64
Wyoming 40 39.45
Nevada 41 36.18
Nebraska 42 34.00
Oklahoma 43 33.09
South Dakota 44 32.18
Iowa 45 28.00
Alabama 46 27.64
Louisiana 47 26.18
Mississippi 48 24.73
Alaska 49 18.55
West Virginia 50 5.27
2018
State Rank Score
Massachusetts 1 81.17
Colorado 2 77.50
Utah 3 76.17
California 4 74.33
Washington 5 70.00
Maryland 6 68.33
New York 6 68.33
Florida 8 68.00
North Carolina 9 66.50
Illinois 10 62.50
Texas 11 59.67
Michigan 12 58.50
Rhode Island 13 58.33
Pennsylvania 14 58.17
Delaware 15 57.67
Oregon 16 54.33
Wisconsin 16 54.33
New Mexico 18 54.00
Georgia 19 53.50
New Jersey 20 53.00
Indiana 21 52.50
Minnesota 21 52.50
New Hampshire 23 52.00
Ohio 24 50.33
Connecticut 25 49.17
South Carolina 26 48.17
Missouri 27 47.67
Idaho 28 45.17
Maine 29 42.33
Arizona 30 42.17
Vermont 31 41.50
Montana 32 40.50
Nebraska 33 38.17
Nevada 34 36.67
Virginia 34 36.67
Arkansas 36 36.17
Kansas 37 35.50
Tennessee 38 35.17
Alabama 39 35.00
Louisiana 40 33.83
Iowa 41 33.00
Kentucky 42 26.50
Oklahoma 43 25.17
North Dakota 44 23.60
South Dakota 45 19.20
Wyoming 46 17.40
Hawaii 47 16.33
Alaska 48 13.80
Mississippi 49 11.33
West Virginia 50 10.33
2016
State Rank Score
California 1 79.00
Massachusetts 2 78.67
Colorado 3 72.91
New York 4 72.17
North Carolina 5 71.45
Utah 6 71.27
Missouri 7 70.40
Maryland 8 70.36
Georgia 9 67.00
Oregon 10 66.36
Connecticut 11 66.18
Texas 12 66.00
Vermont 13 65.45
New Hampshire 14 64.50
Washington 15 64.18
Minnesota 16 62.73
Illinois 17 61.64
Arizona 18 61.17
Nebraska 19 58.60
Wisconsin 20 58.00
New Jersey 21 57.80
Tennessee 22 57.27
Michigan 23 56.36
Pennsylvania 24 55.83
Virginia 25 55.00
Florida 26 54.18
Idaho 27 53.40
Rhode Island 28 53.33
Delaware 29 52.80
Kansas 30 51.82
Maine 31 50.73
New Mexico 32 48.36
Ohio 33 48.00
South Dakota 34 47.33
Oklahoma 35 46.73
Louisiana 36 44.55
Nevada 37 43.82
Alabama 38 43.45
Kentucky 39 43.40
North Dakota 40 43.33
Arkansas 41 43.00
South Carolina 42 42.40
Indiana 43 42.00
Alaska 44 41.33
Montana 45 39.82
Iowa 46 39.40
Wyoming 47 36.33
West Virginia 48 34.00
Mississippi 49 32.86
Hawaii 50 27.50



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