Highlights of the Massachusetts Innovation Economy

• Leading research universities, academic health centers, research
  institutes, and other non-profits in Massachusetts attract more than
  $3.3 billion annually to support research in advancing the frontiers of
  knowledge.
• Companies in Massachusetts perform more than $13.3 billion in
  corporate and federally-sponsored research, creating a climate for
  innovation that is among the most R&D intensive ($ R&D/$ GDP)
  in the world. (Measured as the ratio of R&D investment / gross state
  product)
  
• Massachusetts academic institutions grant 40% more engineering
  degrees per capita than the closest competing Leading Technology
  State.
• Massachusetts students ranked 2nd globally in international
  TIMSS exam for fourth grade science, 4th globally in fourth grade
  mathematics.
• Massachusetts has the highest level of venture capital investment
  per high technology establishment in the country – four times the
  US average and more than 35% higher than California, its closest
  competitor.