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INNOVATIVE CAPACITY A region’s capacity to support creation of new knowledge and generate new ideas, products and processes

The Index

The Indicators

100 357

Raleigh

155

Lexington (KY)

Why is Raleigh’s index so high?

93

Knoxville

The Raleigh area’s Research Triangle Park has been in existence for decades and has served as a model for research parks in other areas, including Innovista in Columbia. Drawing on the intellectual and innovative power of the University of South Carolina, Innovista is an urban plan to transform portions of the city into a vibrant commercial and residential region where technical and creative talent can live, learn, work and play. Recent progress here includes the university’s partnership with IBM and Fluor to create the Center for Applied Innovation, as well as numerous private and university-funded residential developments either under construction or recently completed.

91

Greenville

84

Winston-Salem

79

Charleston

62

Columbia

33

Greensboro

2014 to 2016

10

Intellectual Property Creation: utility patents per 10,000 workers

+

Research & Development: university and college R&D expenditures per 1,000 people

+

Academic Achievement: Percent of population aged 25 years and older holding a graduate degree

Research & Development Funding: amount awarded from all sources per 1,000 people

24 U.S. Average

Change In Index Value

Innovation Awards: SBIR and STTR Awards per 100,000 residents

121

Tallahassee

Augusta

+

70

72

Year-over-year change 74

65 60

62

-10 points down from 2014 to 2016

2014

2016 Midlands Regional Competitiveness Report

2015

2016

+ – =

= improved = worsened = no change

2016 Midlands Regional Competitiveness Report  

It’s easy to buy into anecdotes and experiences when comparing ourselves to other cities around the United States, but narratives don’t alwa...

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