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

        KU to host area startups for career day

        By Tommy Felts | February 3, 2016

        The University of Kansas on Wednesday announced its largest-ever multi-disciplinary career fair for startups in the Midwest. The Startup Job and Internship Fair — set for March 1 — will connect students studying everything from engineering to design with startups from Kansas, Missouri and Nebraska. The fair is open to any and all area small…

        Flyover Capital continues its deal streak with Illinois startup

        By Tommy Felts | February 2, 2016

        Kansas City-area venture capital firm Flyover Capital is continuing its first quarter investment tear. Leawood-based Flyover recently added the fifth company to its portfolio, joining other investors in a $4.1 million Series A round to fund Agrible, an Illinois-based ag tech startup. Flyover has extensive agriculture experience and shares Agrible’s belief in growing the Midwest…

        RiskGenius Chris Cheatham

        Kansas City’s “Dr. Dre of Insurance” aims to remix industry

        By Tommy Felts | January 29, 2016

        Overland Park-based ClaimKit is planning to drop the beat on the insurance industry thanks to a new round of financing. The self-proclaimed “Dr. Dre of insurance policies,” ClaimKit CEO Chris Cheatham says the company’s $1.8 million round of financing will boost development of its second software product, RiskGenius. ClaimKit was able to lean heavily on…

        Events Preview: Athena League, ReversED

        By Tommy Felts | January 28, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Think Big’s Anniversary Happy Hour When: January 28 @ 4:30 pm – 6:00 pm Where: Think Big Coworking Come mix and mingle…