A portrait of innovation from one of the U.S. leaders in innovative industries
1/2/2001
The annual Index of the Massachusetts Innovation Economy is a collection of leading indicators of the innovative climate in the Commonwealth. Published by the Massachusetts Technology Collaborative (MTC), the Index measures and monitors innovation processes to demonstrate how resources can be converted into competitive economic results. It provides a structure for identifying elements contributing to innovation and understanding how these elements interrelate. There are three primary components of the Index. The first, Results, is a barometer of the labor force"outcomes for people and business." The second, Innovation Processes, measures those interactions that translate resources into results, including "idea generation, commercialization, entrepreneurship, and business innovation." The third, Resources, includes public and private inputshuman, technological, and financialcontributing to the Innovation economy. It's a comprehensive and well-presented portrait of innovation in a state known as a leader in innovative practices and industries. Annual Reports for the Innovation Index are available back to 1997 in PDF format.