February 11, 2016 | Number of The Day
New Jersey ranks fourth in nation when it comes to innovation

For once, a study produces some good news for the Garden State. A report from Bloomberg that looked at all sorts of federal data found New Jersey to be the fourth most innovative state in the country, behind Massachusetts, California, and Washington. New Jersey was given an 80.42 rating, while Massachusetts just edged out California with 93.33 versus 93 and Washington earned a 90.4.

The study looked at issues such as high-tech density (New Jersey ranked fifth), patent activity (seventh), productivity (eighth), R&D intensity (10th), science and engineering degree holders (13th), and STEM concentration (15th).

Innovation leads to high-skilled job creation.