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Data: Milken Institute; Table: Axios Visuals

Massachusetts, Colorado and California top a list of U.S. states with the greatest "capacity for achieving prosperity through scientific discovery and technological innovation," according to the Milken Institute's 2020 State Technology and Science Index released today.

Why it matters: Addressing the factors that allow states to create more jobs and economic growth could help them recover from the pandemic's economic fallout and adapt to future downturns and disruptions.

  • Maryland, Washington and Utah rounded out the top tier of states on the index, which has been reported every two years for almost two decades.

Zoom in: "Utah did several things right," says study author Kevin Klowden, executive director of the Milken Institute’s Center for Regional Economics and California Center.

  • The state is anchored by three universities (University of Utah, Utah State and Brigham Young University), matched investments by various tech and life sciences companies in the state, and sold people on the lifestyle, he says.
  • "They built a critical mass, and that is incredibly important," he adds.

The bottom line: "Policy matters tremendously. Geography and history are an advantage, but it is really about the states that invest and protect what they do," says Klowden.

  • The states consistently in the top 20 make an effort around education and linking people to jobs, he says.
  • "You can only grow so much from poaching from other states. You ultimately need to grow the people internally."

Methodology: The index uses 105 metrics in five areas (research and development inputs, risk capital and entrepreneurial infrastructure, human capital investment, technology and science workforce, and technology concentration and dynamism) to evaluate states.

Go deeper

Bryan Walsh, author of Future
Jan 23, 2021 - Economy & Business

Jobs of the future turn green

Solar panel installers work in California. Photo: Mel Melcon/Los Angeles Times via Getty Images

Even "jobs of the future" have been derailed by the intensified pandemic, but positions in environmental services are still growing strong.

Why it matters: The economic carnage created by the coronavirus has curtailed job growth even in professions that seemed poised to expand in the future. As long as the pandemic remains out of control, the future of employment remains mostly on pause.

Updated 2 hours ago - Sports

MLB enters first lockout since '95 as deal expires

Baseball Commissioner Rob Manfred (L) and Major League Baseball Players Association executive director Tony Clark. Photo: Matt King/MLB via Getty Images

Major League Baseball's collective bargaining agreement expired at 11:59 p.m. ET Wednesday without a new deal in place.

Why it matters: With no CBA, the MLB is in a management lockout — the first work stoppage since a 1994-95 strike led to the cancelation of the World Series for the first time in 90 years.

Media giants back Bannon's bid to release Jan. 6 documents

Former Trump adviser Steve Bannon at the FBI Washington Field Office in Washington, DC., in November. Photo: Win McNamee/Getty Images

A coalition of news outlets including the Washington Post is supporting Stephen Bannon's campaign for the release of documents related to his contempt of Congress charges, WashPost reported Wednesday.

Why it matters: WashPost, the New York Times, CNN, NBC, the Wall Street Journal's parent company and others filed a motion arguing that a proposed protective order seeking to prevent the documents from being released violates the First Amendment, per the Daily Mail, which first reported on the news.

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