A Resource Guide for Technology-based Economic Development: Positioning Universities as Drivers, Fostering Entrepreneurship, Increasing Access to Capital
This resource guide focuses on three of the elements required for a technology-based economy—intellectual infrastructure, capital and entrepreneurial culture. Practitioners can use the guide to implement and update programs addressing these three critical elements. It serves as a starting point in transferring the collective knowledge of the field to a written form that is useful not only to those new to the field, but also to those with more experience, and is based on interviews with 58 experienced practitioners. (2006)
Trends in Technology-based Economic Development
Trends in Tech-based Economic Development: Local, State and Federal Action in 2013
A slow yet stable national economic recovery gave rise to many new initiatives across states and regions with a shift toward targeted and refined investments in the high-tech economy for quicker returns — a continued trend from 2012. Some of the thematic areas to see considerable activity in 2013 included efforts to expand research capacity and commercialize research, promote crowdfunding, invest in knowledge-based industries, support specialized workforce training, and strengthen industry clusters.
Trends in Technology-Based Economic Development: Local, State and Federal Action in 2012
Unlike the 2011 slate of sweeping new proposals and initiatives to reorganize economic development activities brought on by more than two dozen new governors in office, 2012 witnessed changes to state and regional tech-based initiatives on a smaller scale with states making more strategic investments. This pattern of heightened activity in the first year of a new gubernatorial administration with fewer proposals in the second year is typical, particularly in the 20 states with biennial budgets.
Tech-Based Economic Development and the States: Legislative Action in 2011
Even as states struggled to regain fiscal solvency from the economic downturn, 2011 was an active year for legislative activity focused on tech-based economic development (TBED). A wave of new governors elected in 2010 ushered in the reorganization of economic development activities and bold proposals supporting economic growth.
Analysis of the President’s Budget Proposal
For several years, SSTI has prepared a detailed analysis of the president’s budget proposal. PDFs of each are available for the following years:
Program Profiles Prepared by the Regional Innovation Acceleration Network (RIAN)
In 2011, RIAN published a series of profiles looking at selected venture development organizations (VDOs) around the country that exemplify how different approaches tailored specifically to their regional assets and entrepreneurial needs are all yielding the same results: impressive figures for job creation and successful innovation-based startup companies in their regional economies. Each profile provides information on:
- Why the VDO was established;
- Programs and approaches the VDO is using;
- Lessons learned; and,
- Insights and advice to help improve VDOs.
Organizations profiled are:
- Ben Franklin Technology Partners of Southeastern Pennsylvania
- Innovation Works
- North Dakota Center for Innovation
- Technology 2020
These reports, program profiles and issue briefs may be of particular interest to those researching the evolution of technology-based economic development.
State Science and Technology Strategic Planning: Creating Economic Opportunity
The first comprehensive study of state science and technology strategic planning processes. (1997)
State Research and Development Tax Incentives Issue Brief
Identifies tax incentives offered in 1996 by individual states, describes various models, and explores the use and cost of such incentives. (1997)
State Funding for Cooperative Technology Programs Issue Brief
Presents trends in the level of state funding as well as the sources of funds for cooperative technology programs for all 50 states. (1996)
California's Regional Technology Alliances Program Brief
Looks at how the Regional Technology Alliances (RTA), which were initially designed to provide matching funds for California projects applying for funding from the Technology Reinvestment Project, have developed into organizations that support a range of technology assistance programs. (1998)
Kansas' Commercialization Centers Program Brief
Profiles the commercialization corporations’ use of their entrepreneurial, financial, and research capabilities to assist startup, technology-based companies and to transfer new technologies to the market place. (1998)
Maryland's Investment Financing Programs Program Brief
Examines three state-supported investment vehicles that provide financing for technology-based businesses: the Challenge Investment Program, the Enterprise Investment Fund, and the Maryland Venture Capital Trust. (1998)
Massachusetts Technology Development Corporation Program Brief
Profiles the state-sponsored venture capital company, which was founded in 1978 and has been self-sufficient since 1988. The brief looks at reasons for MTDC's success and lessons learned over the organization's 22-year history. (2000)