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MA: Index of the Massachusetts Innovation Economy

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Index of the Massachusetts Innovation Economy | MassTech Skip to main content Index of the Massachusetts Innovation Economy Index - 2023 Edition An assessment of Massachusetts' innovation economy. Read the report below: Download the Report (PDF) 2023 Edition Since 1997 MassTech has produced and published the Annual Index of the Massachusetts Innovation Economy , the Commonwealth’s tool for benchmarking the status and progress of our innovation economy. Below find the charts for the Index divided by category.  Click on the + symbol to open each accordion. Leading Technology States (LTS) The Index compares Massachusetts’ performance on a number of metrics to a group of “Leading Technology States” (LTS). The LTS have economies with a significant level of economic concentration and size in the 11 key sectors that compose the Innovation Economy (IE) in Massachusetts. Eleven Key Innovation Economy Sectors Advanced Materials Biopharmaceuticals & Medical Devices Business Services Computer and Communications Hardware Defense Manufacturing and Instrumentation Diversified Industrial Manufacturing Financial Services Healthcare Delivery Postsecondary Education Scientific, Technical, and Management Services Software and Communications Services     Talent                     Research                 Capital               *Note: The two IPOs for IL in 2023 don't have reported dollar totals Venture Capital Investment Massachusetts and LTS, 2013 and 2019-2023 Venture Capital Investment: Crowdfunding and Angel Investing Number of Deals, Dollar Total of Deals and Average Deal Size Massachusetts and LTS, 2019-2023 Economic Impact                 Indexes (1997-2021) Insights & Indicators (2022) Engage The Index is an important tool enabling stakeholders and policymakers to engage in dialogue, and to ask and answer: What will it take to preserve, enhance, strengthen and grow the industry clusters of the knowledge-based innovation economy in Massachusetts? For questions or to learn more about the Index please contact William Fuqua . Form Sign Up For Our Newsletter Get news from Massachusetts Technology Collaborative in your inbox. First Name Last Name Title Company Email This field is required. CAPTCHA This question is for testing whether or not you are a human visitor and to prevent automated spam submissions. By submitting this form, you are consenting to receive marketing emails from: Massachusetts Technology Collaborative, 75 North Drive, Westborough, MA, 01581, US, https://masstech.org.  No thanks, please take me to the website.  Leave this field blank