Report: Kansas is more innovation-friendly than Missouri

February 24, 2016  |  Bobby Burch

Sunflowers

The Sunflower State is more hospitable to innovation than its eastward neighbor, a recent study found.

The Consumer Technology Association’s annual “Innovation Scorecard” ranked all 50 states in 10 different categories to determine which states best fostered innovation and economic growth. The study dished Kansas slightly higher innovation kudos than Missouri, comparing their friendliness to innovation, positions on right-to-work policies, investment attraction, welcomeness to new business models and more.

Kansas earned the CTA’s top distinction of “innovation champion” while Missouri was named an “innovation leader,” which is the organization’s second-highest ranking. The primary difference between the states’ ranking appears to be Kansas’ contentious “right to work” status. Missouri currently allows “security agreements” between unions and employers that require workers to participate in established labor unions, which the CTA claims hinders innovation.

The organization applauded both states for progress in different areas. Kansas nearly doubled its venture capital funding in the last year, from $14.51 in 2014 to $28.67 per capita in 2015. The state also boosted spending on research and development, increasing from $529 per capita in 2014 to $726 in 2015.

Missouri boosted its overall Internet speeds — from about 9,000 kbps on average to now about 11,800 kbps. Missouri also produces a high number of STEM graduates, hosting schools such as the Missouri University of Science and Technology, which graduates more than 90 percent of its students with STEM degrees.

The CTA is a nationwide trade organization representing more than 2,200 tech companies in the U.S. For more information on the rankings, click here.

 

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2016 Startups to Watch

        stats here

        Related Posts on Startland News

        Five Elms Capital leads $7.4M round in San Diego firm

        By Tommy Felts | January 11, 2017

        Five Elms Capital is the lead investor in a $7.4 million finance round for a San Diego-based security firm. The Kansas City-based investment group is backing Trackforce, a SaaS provider of operations management tools for security guard operators. The company’s GuardTek software suite is used by more than 80,000 users at over 8,000 sites in…

        Rockstar team forming at KC-based Firebrand Ventures

        By Tommy Felts | January 11, 2017

        A venture fund’s success is determined by its ability to find and evaluate the best deals. And that job is a whole lot easier when you have a team with decades of technology investment experience guiding your decisions — as is the case with Kansas City-based Firebrand Ventures. Launched in July by John Fein, Firebrand…

        Charlotte Street Foundation launches program for arts, culture startups

        By Tommy Felts | January 10, 2017

        The Kansas City-based Charlotte Street Foundation is launching a program to support emerging arts and culture startups in the area. The foundation’s “Startup Residency” program will offer its participants 12 months of free storefront space at Charlotte Street’s Project Space in downtown Kansas City, professional development training, mentoring and marketing opportunities. “We noticed that a…

        International business program ScaleUpU taps KC as inaugural city

        By Tommy Felts | January 10, 2017

        Kansas City has been nationally recognized for its plethora of startup resources. And thanks to the launch of a new, international program, the area has more opportunities to grow its mid-sized firms that hope to become Kansas City’s next billion-dollar business. After its launch in January, ScaleUpU aims to take 15 midsized Kansas City companies…