MICUA

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.

MICUA 

July 24, 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.