Pennsylvania lags in innovation-based jobs despite having all ingredients for success, report finds – The Philadelphia Inquirer

by | Oct 20, 2022 | Jobs

Pennsylvania is uniquely positioned to be a leader in high tech, high paying jobs but lags behind the national average in “advanced industry” job growth, a new report found.Researchers from the Brookings Institute, a think tank based in Washington, D.C., found that despite having “powerhouse universities,” “breakout companies,” and “diversity of talent,” Pennsylvania is performing worse than it should in creating innovation-based jobs. Advanced industry jobs here grew by nearly 11% between 2010 and 2019 — 8 points less than the national sector.The state has seen a modest increase in aerospace, medical supplies, and basic chemical manufacturing jobs in recent years. Between 2015 and 2021, the overall number of jobs in semiconductor and electric component manufacturing and medical and diagnostic labs has declined. Among the few sizable industries that increased jobs in a significant way was scientific research.“Pennsylvania does have a history of strong policy in this space,” said Mark Muro, a senior fellow at the Brookings metro program. “Our big criticism is the state has drifted away from that.”The report, which was published Thursday, provides policy recommendations — such as funding “innovation hubs” to support firms in large metro areas and creating competitive grunts for entrepreneurship outside of them — for the next governor to capitalize on the state’s assets that are conducive to innovation-based growth.Pennsylvania’s largest academic institutions are advancing some of the most important innovations of our time, Muro said. For instance, University of …

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