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Does anyone have any thoughts of the list? I'd have thought that California would be placed higher than spot 5. From the article: "The rankings are not a gu

Does anyone have any thoughts of the list? I'd have thought that California would be placed higher than spot 5. From the article: "The rankings are not a guide to the best states to start a new business, nor are they the best states to move a business toat least not in the traditional sense of weighing where to find cheap labor and low taxes, says Rob Atkinson, president of the ITIF and lead author of the study. "But if you're an entrepreneur trying to do something new, something that's based on new kinds of products or services, and you want to be globally linked and need highly skilled workers and IT infrastructure, this is a much more accurate tool for that," says Atkinson." --- So I'm interested to see exactly what parameters went into determining the best places for "an entrepreneur trying to do something new."

jwecker 20y ago
Well, did you notice most of the top ten list had things like- Ranked No. 50 in the "Entrepreneurial Activity" indicator. Obviously they weighed that indicator very lightly or else ignored it altogether. As for me, I think that in a free (enough) market the entrepreneurial activity indicator would be the most accurate of all. I think this article was to help state and civic governments feel good about themselves. Even the indicators like Venture Funding available and IT force don't mean much in the context of startups, in my opinion. Not if the IT force are all government workers (like in Virginia) or the VC firm has a small portfolio of enormous brick-and-mortar businesses (dunno if that's true in one of those). Possibly insightful initial data. Bad algorithm IMO for the conclusion.
- jwecker 20y ago
  Ah, see- Elfan just posted this: http://news.ycombinator.com/comments?id=1568 Exactly.