INNOVATON & ENTREPRENEURSHIP

OBJECTIVE: PRIORITIZE THE ATTRACTION AND GROWTH OF BETTER JOBS

KEY PERFORMANCE INDICATORS:
  • Grow Oklahoma’s advanced industry jobs to the national growth average
  • Increase the share of new business formations that become employer businesses to match the national average (currently 6.5% in Oklahoma vs. 9.1% nationally).
  • Increase research and development (R&D) activity in the state by 20%
  • Boost Oklahoma’s rate of innovation by doubling patent intensity to meet the surrounding states’ average (currently 2.39)
STRATEGIES:
  1. Evaluate and Strengthen Incentive Programs
  2. Develop Targeted Incentives for Key Industries
  3. Strengthen Proven Incentives for Innovation
  4. Foster a Business Climate for Technology Adoption
  5. Advance Entrepreneurship and Investment

About Oklahoma Competes

Oklahoma Competes is a long-term strategic framework designed to strengthen the state’s competitiveness. 

Oklahoma Competes focuses on advancing measurable progress through data-driven strategies and targeted policy initiatives across the four fundamentals of competitiveness:  

ECONOMIC CLIMATE

Preserve and Promote Low-Cost, Pro-Business Advantages 

EDUCATION & WORKFORCE

 Improve Skills and Educational Outcomes

INFRASTRUCTURE

Develop the Infrastructure Needed for Growth 

INNOVATION & ENTREPRENEURSHIP

Attract and Grow Better Jobs Numbers 

VIEW THE PLAYBOOK

See the data: View the slides used to announce Oklahoma Competes at The State Chamber’s 2025 State of Business Forum!

VIEW THE SLIDES

FROM COMPLACENCY TO COMPETITIVENESS

Play Video

49

in Third Grade Reading Scores

50

in Eighth Grade Math Scores

47

in Health Rankings

Oklahoma is falling behind other states across the country and in our region when it comes to growing and strengthening our economy and our communities.

BUT... WE CAN DO SOMETHING ABOUT THIS.

IN THE NEWS

WATCH IT: THE OKLAHOMA COMPETES MOVEMENT