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SSTI Digest

Geography: Ohio

Ohio State Commits $100M for Global R&D Impact

As the authors of the recent Swedish report, The Internationalization of Corporate R&D, pointed out, industrial R&D may increasingly be found concentrated around public and private research institutions with strong research capabilities related to the specific corporation's interests. As companies become increasing global in their structure, so, too, will the location of the research expertise that they draw on. State investments to strengthen university R&D capacity and expertise, then, could be a logical approach for regions to remain or become significant players for the knowledge economy. Fortunately, that's a fundamental approach for many state TBED strategies.



Job Corner: SSTI Seeks Policy Analyst

SSTI, a growing nonprofit organization serving the nation's tech-based economic development (TBED) community, seeks a policy analyst to research and prepare reports, articles and papers on TBED and assist with SSTI events. Excellent research abilities, strong writing and verbal skills and solid understanding of government are required. Candidates must have ability to work independently or as part of a committed team and be dedicated to creating a quality product. Those with a passion for economic development and/or government will have an edge. Salary commensurate with experience. Position located in Westerville, OH. Send cover letter, resume, and list of references to: SSTI, Human Resources; 5015 Pine Creek Dr., Westerville, OH 43081 http://www.ssti.org or via e-mail to hr@ssti.org.

Digest, Funding Supplement Take Fourth of July Break

This week's Funding Supplement will be sent on Thursday, June 29. With the Fourth of July holiday, neither the SSTI Weekly Digest or Funding Supplement will be published next week.

SSTI Job Corner

Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.



New Metric Model for Economic Development Unveiled

120 Other Metro Areas included in Analysis for Northeast Ohio

A study of the Northeast Ohio economy provides a different way of analyzing and tracking the impact of economic development initiatives by mathematically analyzing economic data and determining there are eight key factors of regional economic growth. Dashboard Indicators for the Northeast Ohio Economy, released by the Fund for Our Economic Future, establishes statistical correlations between economic growth in jobs, output, worker productivity and per capita income, and the eight key factors (skilled workforce, urban assimilation, racial inclusion, legacy of place, income equality, locational amenities, business dynamics, and urbanization/metro structure).

The study demonstrates that when regional economies chart strong growth, they tend to score well in most or many of the eight categories, and when regional economies chart weak growth, they tend to score poorly in the eight categories.

People

Team NEO appointed Thomas Waltermire as CEO of the organization, a private sector-led economic development organization that helps to grow companies in Northeast Ohio.

People

The Ohio Business Alliance for Higher Education and the Economy named Reginald Wilkinson to serve as its executive director.

People

The Wright Center of Innovation for Advanced Data Management and Analysis changed its name to daytaOhio and named Paul Cashen as its new president.

People

Ted Ford, former president and CEO of the Edison Welding Institute, recently was named president and CEO of TECHColumbus.

People

Steven Weathers is the new president and CEO of the Regional Growth Partnership in Toledo, Ohio.

SSTI Job Corner

For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.

Final Component of Ohio's Third Frontier to Be Placed On Nov. Ballot

Following defeat at the polls two years ago, Ohio's state legislature has agreed nearly unanimously to again have voters decide on whether or not the state can issue bonds in support of the final component of Gov. Bob Taft's tech-based economic development strategy -- Ohio's Third Frontier Initiative.