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

        PHOTOS: Startland’s biggest event yet celebrates 2019 future newsmakers

        By Tommy Felts | February 2, 2019

        Founders, investors and audience members were treated to a glimpse of their potential futures Thursday night during Startland’s Startups to Watch in 2019 celebration. The premier event — presented at the Copaken Stage by Kansas City-grown and headquartered H&R Block — showcased 12 companies featured on Startland’s recent list of the most anticipated newsmakers for…

        OP-based Innovation in Motion angel fund finds sweet spot in seed stage startups

        By Tommy Felts | February 1, 2019

        A financial haven for entrepreneurs with fresh ideas in the agriculture, animal and human health spaces, Innovation in Motion (IIM) has made its ninth angel investment, said Lydia Kinkade. “We look for companies that are solving big problems, have a stellar team, and are poised to grow quickly,” said Kinkade, the Overland Park-sown fund’s managing…

        Life Equals shoots $2.35M oversubscribed round led by former Anheuser-Busch InBev exec

        By Tommy Felts | January 31, 2019

        Well, that didn’t take long. A freshly raised $2.35 million investment round will be a turning point for Life Equals, taking its brand to the national stage, said Kyle FitzGerald, announcing the funding Thursday at Startland’s Startups to Watch in 2019 celebration. Life Equals was selected as No. 7 on the list of Kansas City…

        Ben Hammes and Preston Koprivica, Chain of Trust Technologies

        Chain of Trust manages secret passwords after coffee shop meetup, corporate departure

        By Tommy Felts | January 30, 2019

        From Starbucks to startup, a swipe right on networking opportunities led two Kansas City, Kansas, men to an adventure in tech entrepreneurship — disrupting the secret management space with the inception of Chain of Trust Technologies, they said. “If you’re going to be an entrepreneur, get people who you can talk to that can give…