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Useful Stats: Undergraduate enrollment below pre-pandemic levels in 43 states, grad enrollment up in 33 states

Total postsecondary enrollment is down 5% from fall 2019 to fall 2023 due to a 6% drop in undergraduate students. While undergraduates are down, graduate students have surpassed pre-pandemic enrollment numbers by 4%. Enrollments in undergraduate and graduate certificates are up significantly from pre-pandemic values (16% and 21%), while enrollment in associate degrees are down more than any other undergraduate credential (-14%). Continue reading for a national and state-level analysis of the recently released fall 2023 enrollment estimates from the National Student Clearinghouse Research Center (Clearinghouse).

Study finds TEDCO has created $2.7 billion in statewide economic activity

The Maryland Technology Development Corporation (TEDCO), created by the Maryland General Assembly in 1998 to facilitate the transfer and commercialization of technology from research universities and federal labs and to help create and grow technology-based businesses, has created nearly $2.7 billion in statewide economic activity as of 2023. Their recently published independent economic impact study shows details of the impacts, as determined by the study authors at the University of Baltimore's Jacob France Institute.

Pandemic-era federal funding encouraged community colleges to have greater involvement in regional economic development

The recent pandemic and the government's response may have catapulted community colleges toward deeper participation in economic development. “Community colleges have been interested and involved in economic development for decades,” said Thomas Brock, director of the Community College Research Center at Columbia University. "That's part of their core mission. But what is different now is that there's a lot more federal money on the table through the CHIPS Act and the (Bipartisan) Infrastructure (Law). Community colleges are entrepreneurial, and they will take advantage of those resources to the extent they're available."

Innovation landscapes: The effect of public science on corporate R&D

Federally funded basic research conducted at American universities grew steadily from about $10 billion in 1991 to just under $50 billion in 2020 (in constant 2022 dollars). And since the passage of the Bayh-Dole Act in 1980, universities have played an increasing role in the patenting and commercialization of their discoveries. Patents to US universities increased from 440 in 1981 to 8706 in 2020. U.S. universities licensed or optioned more than 10,000 patented inventions to the private sector in 2020. How does this large taxpayer investment in public science and the inventions that result from it affect corporate research and development?

The White House announces over $5B from CHIPS and Science Act for R&D and workforce programs, other updates on semiconductor programs, including Mfg USA Institute

The White House announced on February 9 that the administration expects to invest over $5 billion in semiconductor-related research, development, and workforce needs. The $5 billion will flow through the National Semiconductor Technology Center (NSTC), a public-private entity created to handle the funds. Friday’s announcement established the NSTC as a public-private consortium of the Secretaries of Commerce, Defense, and Energy, the Director of the National Science Foundation, and Natcast. Natcast will operate the NSTC consortium.

Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses—Part 6

In this week’s continuing coverage of gubernatorial addresses as they impact the innovation economy, governors from Connecticut, Maryland, and Wyoming discussed their state’s past economic and educational achievements and laid out their vision for this year as the states return to revenue and funding normalcy after years of federal pandemic aid ends. Connecticut’s governor announced that UConn and Yale are collaborating on quantum computing research, and he called for the funding of a biotech hub in New Haven. Maryland’s governor called for investments in the industries of the future (with proposed funding for life sciences, biotech, data centers, and cybersecurity). Wyoming’s governor discussed the state’s position in an “all of the above American energy policy.”

St. Louis focus on innovation has an eye on equity

Editor’s note: SSTI is committed to helping its members create economies that are equitable and inclusive. The following article is part of a series highlighting how different organizations ensure all people within their communities can benefit from today’s economy and lessons learned in their work.