Advancing the state’s Knowledge Economy is one of the Chamber's top economic development priorities. The goal is to unleash and commercialize the talent in the region to accelerate economic growth. The focus has been on Rhode Island's key competitive advantages:
Benchmarking the Rhode Island Knowledge Economy is a compilation of twenty-three different indicators measuring Rhode Island’s capacity and progress toward competing in a knowledge-driven and science and technology based economy. The data for Rhode Island is compared with aggregate U.S.data and New England as a whole, as well as the 27 EPSCoR states, which are those that have been designated by the National Science Foundation as part of the Experimental Program to Stimulate Competitive Research (EPSCoR).
The Information Technology & Innovation Foundation released its 2014 Best And Worst States For The New Economy Report. Moving up four spots, Rhode Island ranked an impressive 19th, and was listed as one of the top five movers in a number of categories, including high-tech jobs, clean energy, workforce education, fast-growing firms, and high-wage services.
Rhode Island also ranked in the top ten for two categories: non-industry investment in R&D and the digital economy.
For more information, the complete report can be found at: ITIF.org