Innovation is a principal driver of U.S. economic growth. In 2022, the U.S. will spend nearly $600 billion on research and development—more than any other country in the world and more than 25 percent of the world’s total. As a whole, the U.S. ranks third on the World Intellectual Property Organization’s Global Innovation Index.
But, certain states deserve more credit than others for America’s dominance in the tech era. These states continue to grow innovation through investments in education, research and business creation, especially in highly specialized industries.