Colorado 5th Most Innovative State

Colorado ranked as the No. 5 most innovative state in the U.S. and the achievement comes with perks.

For example, innovation is a principal driver of U.S. economic growth, reports WalletHub, which points toward good news for Colorado’s economic outlook.

“In 2019, the U.S. will spend an estimated $581 billion on research and development — more than any other country in the world and about 25 percent of the world’s total — helping the nation rank No. 6 on the Global Innovation Index,” writes WalletHub in its recently released study of Least & Most Innovative States.

The study compared 50 states and the District of Columbia across 24 indicators of innovation-friendliness, ranging from share of STEM professionals to tech-company density.

The top five states and their corresponding scores out of 100 are:

 

No. 1     Massachusetts, 72.31

No. 2     Washington, 68.03

No. 3     District of Columbia, 67.47

No. 4     Maryland, 64.06

No. 5     Colorado, 63.35

“Certain states deserve more credit than others for America’s dominance in the tech era. These states continue to grow innovation through investments in education, research and business creation, especially in highly specialized industries,” notes WalletHub.

Colorado also ranked in the top 10 for six metrics, including tied for No. 1 in eighth-grade math and science performance, No. 5 for share of STEM professionals and share of technology companies, No. 6 for projected STEM-job demand, and No. 7 for venture capital funding per capita.

What makes Colorado so innovative?

WalletHub compared two dimensions across 24 metrics, “Human Capital” and “Innovation Environment.”

Human Capital includes:

  • Share of STEM Professionals
  • Share of Science & Engineering Graduates
  • Projected STEM-Job Demand by 2020
  • Scientific-Knowledge Output
  • Eighth-Grade Math & Science Performance
  • AP Exam Participation

Innovation Environment includes:

  • Share of Technology Companies
  • R&D Spending per Capita
  • R&D Intensity
  • Invention Patents per Capita
  • IP Services Exports as a Share of All Services Exports
  • Business Churn
  • Jobs in New Companies
  • Net Migration
  • Entrepreneurial Activity
  • Number of Startups “Accelerated” per Total Number of Start-ups
  • Tax-Friendliness
  • Venture-Capital Funding per Capita
  • Average Annual Federal Small-Business Funding per GDP
  • Industry-Cluster Strength
  • Open Roads & Skies Friendly Laws
  • Average Internet Speed
  • Share of Households with Internet Access
  • Adoption of K–12 Computer Science Standards, Note that this metric was chosen because WalletHub considers most future innovation will be tech enabled.

For more information visit https://wallethub.com/edu/most-innovative-states/31890

Originally Posted by Tom Kalinski Founder RE/MAX of Boulder on Tuesday, April 16th, 2019

Posted on April 16, 2019 at 6:00 pm
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Leeds MBA Program Jumps 13 Points in Bloomberg Businessweek Rankings

University of Colorado Boulder Leeds School of Business ranked No. 67 for its full-time MBA program, according to Bloomberg Businessweek’s 2018 rankings. The ranking is 13 points ahead of last year’s 80th placement.

When ranked only among public universities, Leeds rose to No. 29.

In the entrepreneurship category, the school ranked No. 10 overall, reflecting its Boulder and Front Range location’s access to a vibrant entrepreneurial business community with many venture capital and startup opportunities. Along with the Deming Center for Entrepreneurship, students have a strong network of connections and resources that enables them to excel.

Leeds attributes the significant rise in Bloomberg’s ranking to recent program enhancements, increased engagement and partnerships with the business community, and new faculty hires. Over the last two years, the school added faculty from noted universities including Berkeley, Northwestern, Wharton, London Business School, and Harvard.

Recently, Leeds partnered with more than 70 key business leaders and influencers, locally and globally, to understand essential skills and attributes students will need in the 21st century workplace.

“We are very proud of this momentum,” said Dean Sharon Matusik, “But we consider it just the beginning.” Matusik credits the teaching and research ability of a world-class faculty for Leeds success. “The classroom learning combined with access to our business community—which is known around the world for being entrepreneurial, innovative and with an orientation toward creating both economic and social value—provides a distinctive educational experience that prepares our graduates to positively transform the future of business.”

This year Bloomberg modernized the ranking methodology for business schools to assess MBA program value from the perspective of graduating students, recent alumni, and recruiting companies. Assessments are organized into four categories based on importance to respondents: Compensation, Learning, Networking and Entrepreneurship.

Bloomberg senior editor, Caleb Solomon, says this lets stakeholders decide critical factors for success. Bloomberg used the results and compensation data as building blocks for calculating overall ranking. 

For more about University of Colorado Boulder’s Leeds School of Business, visit https://www.colorado.edu/business/

To see Bloomberg rankings visit http://www.bloomberg.com/features/2015-best-business-schools/

 

Originally posted here by Tom Kalinski Founder RE/MAX of Boulder on Tuesday, December 4th, 2018 at 2:26pm.

Posted on December 8, 2018 at 9:07 pm
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