CEA ranks Colorado as an 'Innovation Leader' on first Innovation Scorecard

By: InnovatioNews Thursday April 16, 2015 0 comments Tags: Colorado, CEA, Innovation Scorecard

 

COLORADO -- Colorado received an "Innovation Leader" ranking on the Consumer Electronics Association’s first-ever Innovation Scorecard, which ranks the 50 states and D.C. according to their willingness and ability to welcome and encourage innovation.CEA_logo

Rankings were made on 10 criteria, including tax friendliness, entrepreneurial activity, fast Internet, tech workforce, innovation momentum and right to work.

Colorado had generally good grades on its criteria, including an “A+” for welcoming new business models. But the state fell down with an “F” ranking in the right-to-work category.

CEA said right-to-work laws “give workers the choice on whether they join their representing labor union.” Having a RTW law helps increase private sector employment and personal income, CEA said.

Colorado is one of 25 states and the District of Columbia that do not have a right-to-work law.

Colorado was one of 20 states designated “Innovation Leaders” by CEA.

The top states ranked by CEA, called “Innovation Champions,” were Delaware, D.C., Indiana, Massachusetts, Michigan, North Carolina, South Dakota, Texas, Utah and Virginia.

The least innovative states, according to CEA, were Alaska, Arkansas, Hawaii, Kentucky, Louisiana, Maine, Mississippi, New Mexico and West Virginia.

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About the Author: InnovatioNews

InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.