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MICUA Matters
Summer 2008
Maryland ranks second in the nation in the Milken
Institute’s recently released
2008 State Technology
and Science Index, which takes inventory of the technology and science
assets that can be leveraged to promote economic development in each state.
Maryland moved up from fourth place to second thanks to strong positions across
many indicators used by the Institute. In particular, the report cited an
improvement in the ability to attract businesses into the State and new
projects that link research institutions with industry to produce the most
advanced products. Only Massachusetts was ranked higher in the nationwide
study.
According to the Milken Institute’s report, Maryland excels
by virtue of its highly educated workforce and the State’s exceptional system
of colleges and universities which confers a large number of graduate degrees.
Maryland’s performance also improved because of its high percentage of
bachelor’s degrees granted in science and engineering as well as the magnitude
of change in State appropriations for higher education.
“With strong partnerships between the public and private
sectors, and collaborative research with universities, federal and commercial
partners, we have been able to create a strong technology industry in
Maryland,” said Governor Martin O’Malley. “The results of the Milken Institute
study are further evidence that Maryland is highly and increasingly competitive
in drawing, retaining, and growing technology-based businesses.”
Click here to see complete rankings (including interactive tables and maps) for all fifty states.
Click here to see the full reports.
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