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Using the microsystems industry in the Southwest as a model, Ross DeVol, Director of Regional and Demographic Studies of the Milken Institute, has written Blueprint for a High-Tech Cluster, a 40-page policy brief on one of the hottest trends for tech-based economic development. Recognizing the importance of technology and knowledge in the New Economy, and that "knowledge is generated, transmitted and shared more efficiently in close proximity," DeVol asserts that those regions with leading clusters in key technologies will enjoy greater economic growth and stability. "Success in creating high-tech clusters is now the distinguishing determinant in regional vitality," states DeVol. 

In the late 1980s and early 1990s, as big defense contractors closed their doors and unemployment climbed, San Diego looked as if it might not recover. Between 1990-1993 alone, nearly 60,000 high-paying jobs were lost to defense and aerospace cutbacks. Although the region had some of the ingredients to be successful (defense technologies, a strong university, medical and bioscience institutes, and a desirable climate), the players did not come together to face their economic woes. It took losing two major bids for federal R&D facilities to spur community leaders to action.

Forbes magazine, in conjunction with the Milken Institute, released on Monday its second annual "Best Places for Business and Careers" - a ranking of the top 200 metropolitan areas in the United States. The Forbes-Milken Institute list looks at two critical factors to determine which metro areas are the most dynamic: jobs and earnings, and high-technology growth and output. All of the numbers were provided by the Institute's Regional and Demographic Studies group as part of its ongoing research into how high-tech impacts regional economies. 



The top ten metro areas were: 



1. Austin-San Marcos, Texas 

2. Atlanta, Georgia 

3. Santa Rosa, California 

4. Boulder-Longmont, Colorado 

5. Boise City, Idaho 

6. San Diego, California 

7. Orange County, California 

8. San Antonio, Texas 

9. West Palm Beach, Boca Raton, Florida 

10. Colorado Springs, Colorado 



To view all 200 rankings and the full story, go to http://www.forbes.com/tool/toolbox/bestplaces/00/index.htm. 

In the last days of a special legislative session, the New Mexico Legislature unanimously passed two technology tax credit bills. Entitled the “Technology Jobs Tax Credit Act” and the “Laboratory Partnership with Small Business Tax Credit Act,” these measures are intended to assist New Mexico’s technology-based businesses with the development of increased research investments and laboratory partnerships, especially in rural areas.

Cliff Numark has been named CEO for the San Diego Regional Technology Alliance, filling the position vacated by Joe Raguso when he became Deputy Secretary in the California Department of Trade and Commerce.

California Governor Gray Davis has appointed Joseph A. Raguso as Deputy Secretary for Strategic Technology for the Trade and Commerce Agency. Mr. Raguso currently serves as President and CEO for the San Diego Regional Technology Alliance (SDRTA), a position he has held since 1997. Mr. Raguso will begin serving in his new capacity on January 31.

Earlier this year, Michigan initiated plans to spend $1 billion over the next 20 years for life sciences research, development, and commercialization. With this commitment, Michigan became the first state to use its tobacco settlement funds to bolster technology-based economic development programs.

The State of Arkansas has enacted several initiatives this year to assist science, technology, and research within the state. The two largest efforts are a $10 million research fund and a loan forgiveness program.



Arkansas Research Matching Fund

In an effort to improve the state’s national ranking of 49th place in research performance, the Arkansas General Assembly created the Arkansas Research Matching Fund. The $10 million fund will be administered by the

Arkansas Science & Technology Authority, the state’s lead agency for R&D funding and technology-based economic development. (URL: http://www.state.ar.us/asta/ ) The $10 million appropriation is to fund the program for the next two years.

Steve Jarvis resigned as the director of California Trade and Commerce's Office of Strategic Technology. Jeff Newman has been named as acting director.

The State Science and Technology Institute (SSTI) has released its most recent publication, California's Regional Technology Alliances. This is the third in a series of Program Briefs designed to highlight states' experiences with various initiatives.

NASA announced the award of cooperative agreements to establish new technology business incubators at three NASA Centers: the Goddard Space Flight Center (MD), the Langley Research Center (VA), and the Jet Propulsion Laboratory (JPL), combined with the Dryden Flight Research Center, (CA).

Job growth in information technology (IT) now exceeds the production of talent, according to a U.S. Department of Commerce's Office of Technology Policy (OTP) study, America's New Deficit: The Shortage of Information Technology Workers. A recent survey of mid- and large-size U.S. companies by the Information Technology Association of American (ITAA) concluded that there are about 190,000 unfilled IT jobs in the U.S. today due to a shortage of qualified workers.