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WASHINGTON – Massachusetts, Washington, Maryland, Connecticut, and New Jersey are the top five states at the forefront of the nation’s movement toward a global, innovation-based new economy, according to the 2010 State New Economy Index, released today by the Information Technology and Innovation Foundation (ITIF) and the Ewing Marion Kauffman Foundation.

The bottom five states were unchanged from 2008. Mississippi and West Virginia have lagged most in making the transition to the New Economy. The other lowest-scoring states include, in reverse order, Arkansas, Alabama and Wyoming.

“In today’s highly competitive environment, states must work together and with the federal government to overhaul their economic development policies,” said Dr. Robert D. Atkinson, president of the Information Technology and Innovation Foundation and co-author of the Index. “Too often, states still view their economic competitors as next door, rather than halfway around the world. If, instead, they used incentives to expand broadband, support entrepreneurial assistance programs, or invest in research and technology transfer, they – and the nation as a whole – would be far more globally competitive.”

To read the full, original article click on this link: 2010 Ranking of ‘New Economy States’ Highlights Leaders and Laggers in Innovation, According to Kauffman/ITIF Study | The Information Technology & Innovation Foundation