Blueprint for an Innovation Economy in Florida Research as Economic Foundation | Page 10

THE TWO-EDGED SWORD Good things result from the work of scientists crafting new recipes. With AxoGen, we have shown a clear connection with new high-value jobs and production. Conversely, one would theorize that an economy with less research output limits those opportunities. In those locales, employers and employees are often forced to defensively react and catch-up to disruptive new products, methods and wealth created elsewhere. They are always two steps behind. research of national and private labs, private- sector companies and smaller institutions. • In some very small MSAs, the percentage of the workforce in STEM occupations may be skewed by the outsized employment influence of a research university. In spite of these limitations, a compelling picture emerges that clearly demonstrates the role that science plays with the STEM character of a regional workforce. For this analysis of Florida’s comparative scientific production, Leiden’s data is used because of its functional form and availability to all. Leiden includes data from universities with 1,000 or more core publications from Web of Science. 19 These universities were matched with the appropriate metropolitan statistical areas which allowed for the creation of indices of both citations and the percentage of STEM jobs created in the MSAs. 20 In Figure 6, the X axis captures an index of citations while the Y axis illustrates an index of STEM jobs in an MSA. MSAs are grouped by color according to the size of the area. The largest, greater than 5 million people, are represented in yellow and the smallest are shown in green. To add clarity to the STEM job index, the size of a circle represents the actual percentage of STEM jobs in the MSA. In the chart, Waco, Texas, with 2.1 percent of its population in STEM occupations is at the low end. San Jose, California, with 20.2 percent is at the high end. This data set has limitations. In particular: • By restricting the data set to that generated at larger university settings, it misses the Regional Scientific Strength Improves the Mix of High Wage Stem Jobs Circle Width Shows the Percentage of Stem Jobs in the MSA SJO,  20.2% BOU DC SEA DUR AUS FIGURE 6: Regional Scientific Strength Improves the Mix of High Wage Stem Jobs Circle Width Shows the Percentage of Stem Jobs in the MSA RAL CORV KAN PRO CLT TLH GRVL VB SYR ALL FGO SAP LR BUR EUG MANHAT TOL LOGAN MOR GRN LV TUSC WAC, 2.1% LUB PDX ALB PHO AMES ROC MIL AKR LOU NO MAD MIN ST‐COL NH BLT HOU CHI STL GVL MIA CH‐UR SPR W‐S IA‐CTY LAF RIV ATH LAWR AUB Index of Citations > 5M Population 8 1.3M to 5M Population 350K to 1.3M Population BOS SF PHI PIT SAN TAM S‐BND SD DAL ATL COL BLM NAS BMH PRV TUC CLV BR ORL DEN TRT A‐A SAC < 350K LA