Idaho has a long history of entrepreneurs and innovators dating from Philo Farnsworth and the modern television to the Parkinson brothers and Micron Technology.
Idahoans show their pioneering spirit by starting new businesses at three times the national average, according to the Small Business Administration. More than 50,000 Idahoans work in the technology industry.
Idaho’s innovation industries currently employ 8.5% of the state’s workforce and earn 16% of the total wages. These innovation industries contribute over $8.4 billion, about 18%, of Idaho’s $45 billion Gross Domestic Product.
Idaho’s technology base continues to grow. The state currently ranks #1 in the nation in patents per capita and manufacturing investment, as well as #3 in energy costs and #5 in long-term employment growth.
Eight categories of industries are represented:
- Power & Energy
- Information Technology
- Agriculture
- Biological Sciences
- Imaging Technology
- Sensors
- Nanotechnology
- Communications Technology
We at STINSON Brand Innovation are pleased to have an office in Boise to serve Idaho companies and research institutions in these core areas.
1 comment:
who knew! are you going to get one of those plates?
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