At Business Leaders for Michigan, we believe in basing actions on facts – not just what we think. That means we have to know how Michigan stacks up to our competitors to reach our goal of making Michigan a Top Ten state again.
Last week, we issued the 4th edition of our Economic Competitiveness Benchmarking Report showing where Michigan’s competitive and where we’re not. Strengths that we can build on include a greatly improved tax and regulatory climate and a more efficient government that is working better and more collaboratively than in the past.
Look at how we stack up to Top performing states on measures of innovation - we produce 30% more patents, our universities generate about 30% more research and development, and the value of our exports is 50% more than Top Ten states. Our capacity to innovate positions us well to meet more of what the world needs – a key characteristic of Top Ten states.