The 2007 State New Economy Index, released by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation (ITIF)shows the extent to which each state is adapting to the maturation of the knowledge-based economy. This report outlines a progressive, innovation-oriented public policy framework designed to foster success in the new global economy. It discusses the following nine key strategies that states can employ:
- Align Incentives behind Innovation Economy Fundamentals
- Co-Invest in an Innovation Infrastructure
- Co-Invest in the Skills of the Workforce
- Cultivate Entrepreneurship
- Support Industry Clusters
- Reduce Business Costs without Reducing the Standard of Living
- Boost Productivity
- Reorganize Economic Development Efforts
- Enlist Federal Help


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