State’s efforts to convert science, tech resources into jobs recognized

Colorado continues to build and leverage its science and technology resources, according to the Milliken Institute’s 2010 State Technology and Science Index.

The state retained its No. 3 ranking from the 2008 index, behind Massachusetts and Maryland, respectively.

The index recognizes states that have used investment and long-term planning to successfully leverage their tech and science assets – the engines of 21st century economic growth – and tracked and evaluated states' tech and science capabilities and their ability to convert them into companies and high-paying jobs since 2002.

The 2010 State Technology and Science Index looks at 79 unique indicators that are categorized into five major components: Research and Development Inputs, Risk Capital and Entrepreneurial Infrastructure, Human Capital Investment, Technology and Science Work Force, and Technology Concentration and Dynamism, according to the Milliken Institute.

The State Technology and Science Index provides a nationwide benchmark for states to assess their science and technology capabilities, and whether they have the ecosystems for converting those capabilities into companies and high-paying jobs.