This shows the number of Patents awarded per 1000 individuals in science and engineering occupations. Vermont has been consistently high compared to national averages. Patenting rates are a way to measure innovation in products as well as processes. Vermont’s patent activity is strongly tied to Global Foundries, but thousands of small manufacturers and other firms are innovating to remain globally competitive. Academic patents account for just a few patents filed per year, on average.
Source: National Science Foundation
Small Business Innovation Research (SBIR) for individual businesses, and Small Business Technology Transfer (STTR) funds are highly competitve federal funding, and therefore highly volatile.