Wisconsin’s improved performance on a noted ranking of science and technology is a plus. But the state still must work harder to turn good ideas into jobs.

Milwaukee Journal Sentinel Editorial:

Wisconsin is far better positioned in the knowledge economy than it was four years ago, with larger pools of risk capital and better coordination of the state’s best research.
That’s one way to read a new report from the well-respected Milken Institute. The state finished five spots higher at No. 22 in Milken’s State Technology and Science Index (www.jsonline.com/765102).
But the state’s policy-makers and business leaders must figure out how to turn more of the state’s best ideas into jobs across the state, not just in Madison. And perhaps how better to tap the wealth of intellectual property in southeastern Wisconsin.
While Wisconsin moved up five notches, it still ranks only middling overall and still lags far behind on some of the measures. Furthermore, it’s arguable how much such state-by-state rankings tell us in a world where the competitor as easily could be in Bangalore as in Buffalo.