https://pioneerinstitute.org/wp-content/uploads/Copy-of-credit-card-5.png 512 1024 Greg Sullivan https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Greg Sullivan2014-06-01 16:47:402020-07-08 16:51:49Regaining Massachusetts’ Edge in Research and Development
Regaining Massachusetts’ Edge in Research and Development
Massachusetts’ ranking among the states in overall R&D spending by industry rose from fifth to second between 1991 and 2006, but although it’s ranking improved, Massachusetts – and every other state – lost market share over that period to California, which had enacted much stronger tax incentives. In fact, the commonwealth’s market share of national R&D spending by industry actually declined between 1991 and 2011. Over that same period California increased its industrial R&D spending by more than its top seven competitor states combined, including Massachusetts.
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