Category: Data
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New index reveals unexpected state SBIR winners
Billions in federal Small Business Innovation Research (SBIR) funds are awarded each year to translate new ideas into commercial products—but not all states capitalize on the opportunity. Excel’s SBIR State Performance Index offers a new lens to assess and compare how well each region converts research, firms, and employment into SBIR awards, and then use…
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High-tech boom: Metro regions that outpaced America’s 229% growth (and the ones that fell behind)
High technology sectors are valuable to local economies because of their disproportionate effects on private sector output and patent production—with the latter benefit particularly strong in regions with high concentrations of these firms. Recent data from the Census Bureau provides counts of high tech and all firms by metropolitan statical areas (MSAs) for more than…