California leads the nation in venture capital investment and zero-emission vehicles, according to a new report, "Enterprising States: Policies that Produced," released by the U.S. Chamber of Commerce.
Click on the photo to see how the report ranks California on 11 different measures.
"The nation's top priority continues to be our economy and ... our study focuses on what states are doing to address this challenge, invest in the future and create jobs," said Margaret Spellings, president of the U.S. Forum for Policy Innovation, in the report.
The report was prepared by Praxis Strategy Group and Chapman University Professor Joel Kotkin.
"In the ebb and flow of the global economy, states can no longer rely solely on strategies of keeping costs low and providing incentives to attract footloose, commodity-based branch plants or offices," the report says. "Instead, states must create the right business climate that allows companies and entrepreneurs to create 21st century jobs."
The report ranks the states on numerous factors, from fastest growth in science, technology, engineering and mathematics jobs from 2009 to 2001 to manufacturing job gains to overall performance as measured by job growth, expansion of gross state product, productivity and income growth and livability. Then it gives a breakout on each state.
"California Gov. Edmund 'Jerry' Brown Jr. is aggressively positioning the state as a national and global leader in zero-emission vehicles," the report says.
One example is Fisker in Anaheim, developer of the electric hybrid Karma car.
This effort "comes on the heels of previous legislative and regulatory initiatives that aim to reduce greenhouse emissions while making the state an epicenter for investment and technology development in green technologies."
The report notes that proponents of these efforts will help boost California's "manufacturing related to vehicles, attract more capital investment and bring new opportunities for academic and research institutions for zero-emission vehicle research, innovation and education."
The report ranks "top performing states" for 2012:
-- North Dakota
-- South Dakota
-- New York
Then the report looks at states that have best positioned themselves for future growth. Among the factors in this ranking are states that are parlaying their natural resources, addressing their competitive weaknesses, supporting business development in a global marketplace, promoting education and workforce development and fostering a friendly business environment. The report's future boom states are:
-- North Dakota
-- South Dakota
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