Call it a mid report card for Pennsylvania. According to an October report from Brookings Metro, the state is not living up to its potential to be a leader in innovation.
Brookings’ report, called “Commonwealth of innovation: A policy agenda for revitalizing Pennsylvania’s economic dynamism,” found that due to Pennsylvania’s healthcare, robotics, tech, transportation, manufacturing and life sciences industries, the region is on the right track to be a national powerhouse in this space. Yet, something is stopping the Commonwealth from reaching its full potential: In the mid-2010s, in the aftermath of the Great Recession, the state decreased its financial investment in the innovation economy. That slowed investment means the state now doesn’t have as many high-growth jobs as it could for its university graduates.
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