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Albuquerque Ranked 7th in the Nation by Forbes Magazine As an Engineering Hub for Innovation

Albuquerque, NM – August 1, 2013

In a July 31st posting on Forbes.com “America’s Engineering Hubs: The Cities with the Greatest Capacity for Innovation,” Joel Kotkin writes about the concentration of engineering talent in the 85 largest metropolitan areas in the U.S. In the article, the city of Albuquerque is ranked 7th in the nation for total number of engineers (6,810) and engineers per 1,000 employees (18.7). Kotkin, a fellow at Chapman University in California, makes some interesting correlations and observations on outcomes for areas with high concentrations of engineers:

•More engineers means more innovation

•Cities with high populations of engineers do better economically and become leaders in key industries

•Cities with the highest concentrations of engineers, such as #1 rated San Jose/Silicon Valley, have a history of research sponsored by government entities such as DOD and NASA

•Cities with high concentrations have top-rated engineering schools and a “sub-structure of trade and technical schools,” such as #2 rated Houston

•Engineering talent is concentrated in three major industries: information technology, energy and advanced manufacturing

The article and the list of top ten cities is available from Forbes.com:http://www.forbes.com/sites/joelkotkin/2013/07/31/americas-engineering-centers/.

Source: Forbes.com


 

For more information, contact:

Joel Kotkin, Forbes Contributor