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

        Program commercializing classroom tech spurs 29 startups, dozens of jobs

        By Tommy Felts | November 29, 2016

        A Kansas City program is making strides in its efforts to commercialize local, university-cultivated ideas. In the past four years, KCSourceLink’s Whiteboard2Boardroom program helped create almost 100 jobs and facilitated the creation of 29 new startups, according to a recent progress report. Those companies also generated nearly $16 million in follow-on funding, helping to fuel job…

        Local entrepreneurs prompt court to hit pause on Kansas ‘patent troll’ rules

        By Tommy Felts | November 29, 2016

        A U.S. District Court of Kansas is collecting more public input on proposed legal rule changes after area entrepreneurs expressed concerns that the measures could make the area a haven for “patent trolls.” Patent trolls are non-practicing entities that purchase broadly defined patents with the intention to sue growing companies that are developing tangentially related…

        Events Preview: Monitoring financial performance

        By Tommy Felts | November 28, 2016

        There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Weekly Events Preview The Budget Series: Monitoring Financial Performance When: Dec. 1, 10:30 a.m. – 12:00 p.m. Where: Enterprise Center of Johnson…

        mySidewalk CEO steps down, Stephen Hardy takes the helm

        By Tommy Felts | November 28, 2016

        Nick Bowden, the former CEO of Kansas City tech firm mySidewalk, recently resigned from the firm he co-founded. Effective immediately, the company’s former COO, Stephen Hardy, will serve as CEO, Hardy told Startland News. Bowden will remain with the company as an advisor and will serve as a board member. “The company has my full…