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Why California is the Most Innovative State in the United States
California is widely regarded as the most innovative state in the United States and it’s not hard to see why. From San Francisco to Los Angeles, Silicon Valley to San Carlos, California has long been a hub of invention and technological advancement. In fact, over 30 businesses in the Fortune 500 are located in California and it is home to thousands of startups. The Golden State has consistently led the nation in innovation, with many of its major cities at the very forefront of technological progress.
One factor that sets California apart from other states is its unique combination of highly educated talent and venture capital investment which make it ripe for creativity and risk-taking. The state is home to some of the world’s top universities such as Stanford, UC Berkeley, USC, UCLA and more. On top of that, venture capital investment for technology companies hit an all-time high in 2019 — with $17 billion invested primarily from Silicon Valley firms — making it a hotbed for cutting-edge innovation.
In addition to its vibrant research universities and access to funding sources, California also boasts a strong legal framework which encourages entrepreneurship and growth within high technology industries like Artificial Intelligence (AI) and life sciences. One example is AB2690 which allows for data sharing…
