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    Learn about institutions forming partnerships to achieve greater leverage and impact for their programs: Thursday, June 23 @ 3:00 P.M. ET
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    SSTI hosted with the EDA an informational webinar regarding the $15M 2016 Regional Innovation Strategies (RIS) program. Register to access the slides and recording!
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    Last summer, SSTI and JumpStart Inc. conducted a survey of tech-based economic development (TBED) organizations on how groups use and invest in information technology tools.
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Free Wi-Fi, Inclusive Entrepreneurial Support Initiatives Announced for Baltimore’s Innovation Village

June 23, 2016

Throughout the United States, innovation districts have been proposed with varying degrees of emphasis on inclusivity and opportunity.

Research Institute Struggles Raise Questions About Big Dollar Recruitment Approaches

June 23, 2016

Because a research base that generates new knowledge is a key pillar of a technology-based economy, an important strategy in technology-based economic development is the expansion of research capacity. While states may go about addressing this in a variety of ways (e.g., R&D tax-credits, university-industry partnerships, recruiting eminent scholars), Florida drew national attention when it took a different approach last decade, allocating more than $450 million to attract nine research institutes through its Innovation Incentive Program (IIP).

Canada Releases Innovation Agenda Areas of Action, Website for Public Input

June 23, 2016

When Canadian Prime Minister Justin Trudeau released his administration’s proposed 2016 budget in late March, SSTI covered the significant funds it would allocate for science, research, and technology-based economic development, as well as the country’s plan for a national innovation agenda.

White House, Civic Partnerships Celebrate National Week of Making

June 23, 2016

This week, the White House is celebrating its third National Week of Making – an important part of its Nation of Makers initiative that seeks to expand opportunities for students and adults to engage with the maker movement. In addition to numerous commitments and announcements made at federal agencies, several other projects rooted in strong partnerships were announced.

Slowing Economy? More States See Revenue Expectations Unmet

June 23, 2016

Much of the media coverage on the latest NASBO Fiscal Survey of States, suggests the Great Recession is finally behind the states as aggregate general revenue funds finally surpassed fiscal 2008 levels. But unlike the federal government, there are 50 individual state budgets and they tell very different stories, influenced by the economics, demographics, tax structures and politics of the particular state.

Winner of New Smart Manufacturing Innovation Institute, New MII Competitions Announced

June 23, 2016

President Obama announced  the creation of the new Smart Manufacturing Innovation Institute (Smart MII) – a $140 million public-private partnership to develop smart sensors for use in advanced manufacturing. Headquartered in Los Angeles, CA, the Smart Manufacturing Leadership Coalition (SMLC) – a consortium of nearly 200 partners from academia and industry as well as nonprofit organizations – will lead the Smart MII.

Examining The Relationship Between Guaranteed Job-Leave Policies and Entrepreneurship

June 16, 2016

When employees discover potentially significant inventions during their line of work, they can decide whether to leave their company and form a new startup around the idea, or to transfer the knowledge to the parent firm and attempt to gain financial compensation through a spinoff. As seen in the 2016 summary report from Failure Aversion Change in Europe (FACE) Entrepreneurship, the two main fears for entrepreneurs are financial security and losing a stable, professional job. Recent research also suggests that granting employees extended leaves of absence with guaranteed options for returning increases the likelihood of entrepreneurship. Coupled together, these results prompted SSTI to further review the relationship between corporate-leave policies and entrepreneurship.