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

        Amazon to bring 1,000 jobs, huge facility to KCK

        By Tommy Felts | July 11, 2016

        Online retail giant Amazon will open a massive new facility in Kansas City, Kan. The Seattle-based company announced Monday that it will create more than 1,000 full-time jobs and construct an 855,000-square-foot fulfillment facility near the Turner Diagonal on I-70 in Kansas City, Kan. “These aren’t just any jobs. They are the best entry-level jobs our…

        equity funding

        Survey: KC is sticky for startups with equity funding

        By Tommy Felts | July 11, 2016

        A majority of Kansas City startups choose to maintain their hometown roots after they raise capital — even when the funds come from outside investors, a recent survey found. Of the companies that raised money in 2013 and 2014, 74 percent of them are still active and headquartered in the City of Fountains, according to…

        A marriage of Mr. K’s passions, ‘E Day at the K’ returns July 19

        By Tommy Felts | July 8, 2016

        To say one of Kansas City’s greatest entrepreneurs — Ewing Marion Kauffman — loved baseball would be an understatement. The founder of Marion Laboratories Inc., Kauffman purchased the Royals in 1968 to bring America’s pastime to his beloved hometown, Kansas City. Along with boosting civic pride, the Royals became a model franchise, employing “moneyball” statistical…

        Sprint Mentor Network triples its impact with local startups

        By Tommy Felts | July 8, 2016

        More than 20 Kansas City founders are hoping to boost their businesses with a mentor program tapping a wealth of corporate experience. Now in its fourth year, the Sprint Mentor Network kicked off its program in July to support and accelerate startups by building relationships with corporate executives. The program is hosted at the Sprint…