SSTI Digest

About 60 percent of U.S. academic R&D spending support research in the life sciences, according to data released by the National Science Foundation (NSF). Engineering R&D, the second largest target of spending, accounted for 15.7 percent of total academic research expenditures. While California leads the country in total spending in every science and engineering field, the District of Columbia leads in per capita spending in life sciences, physical sciences, psychology and social sciences. Other leaders in per capita spending include Maryland (math and computer sciences, and engineering) and Alaska (environmental sciences).

SSTI has prepared a table showing total and per capita academic R&D expenditures by state and by field of study. The Excel version includes tabs for each field, which include state rank, per capita spending and rank of per capita spending. (See the June 20, 2011 issue for total 2004-09 expenditures and spending by funding source.)

The High Technology Development Corporation, an agency of the State of Hawaii, is responsible for promoting and advancing technology-based economic development in Hawaii. They are currently seeking applicants for two positions:

HTDC Manufacturing Extension Partnership Program Coordinator will mainly provide project support and assistance to the HTDC MEP center director and MEP project manager, reviewing documents to ensure state and federal regulatory compliance plus assisting with tracking, compiling and enter project progress data. HTDC Economic Development Specialist will work closely with the HTDC executive team to plan, organize, staff, implement, and track projects as well as provide support for programs and innovation centers across the state.

Lawmakers in several states wrapped up their 2011 sessions in time for the new fiscal year, which begins on July 1 for most states, allocating funds and passing bills in support of tech-based economic development. Read more...

Delaware lawmakers established a new Job Creation Tax Credit and extended the scope to include clean energy technologies. Read more...

Maine Gov. Paul LePage signed a bill expanding the state's Seed Capital Tax Credit. Read more...

Iowa Gov. Terry Branstad signed Iowa House File 590 into law, establishing a new economic development public-private partnership. The Iowa Partnership for Economic Progress (IPEP) will be comprised of two separate entities — the Iowa Economic Development Authority and the Iowa Innovation Corporation. IPEP replaces the embattled Iowa Department of Economic Development. The passage of the bill achieves one of Gov. Brandstad's top campaign priorities to shift the state's economic development efforts away from government and more toward the private sector. The Iowa Business Council (IBC), a nonprofit organization, also released a new report that looks at the Iowa competitive advantage relative to other states over a 10-year period.

The Economic Development Administration (EDA) has issued a request for public comments on the structure of Economic Visioning Challenge, part of the recently announced Strong Cities, Strong Communities (SC2) initiative (see the 07/13/11 issue for details). EDA will administer the challenge, which will competitively select six cities to receive $1 million grants so that those cities can offer an "X-prize style" competition to develop economic and community development proposals. Read the request...

In a Framework for K-12 Science Education: Practices, Crosscutting Concepts and Core Ideas, an 18-member committee comprised of experts in education and scientists proposes a foundation for new national K-12 science education standards. The report identifies core ideas in four areas that students should understand by the time they finish high school. The four areas include:

In an update of their 2009 The Atlantic Century report, the Information Technology and Innovation Foundation reports that the U.S. continues to rank fourth in innovation-based competitiveness and second-to-last in innovative progress. Among the 43 nations included in the study, only Italy ranked lower than the U.S. in improving their innovative competitiveness. Certain U.S. regions performed much better than the country as a whole. For example, Massachusetts, if taken as an independent economy, would rank as the most innovative economy in the world. Read the report...

The District of Columbia leads the country in per capita academic R&D expenditures, spending about $543.19 per resident, according to new data released by the National Science Foundation. Maryland follows closely behind with $530.06 per resident, while Massachusetts ranks a distant third with $373.60. While California, New York and Texas lead in total expenditures, smaller states, such as North Dakota, Rhode Island and Hawaii place in the top 10 for per capita spending. Read more...

Lawmakers approved Gov. Tom Corbett's proposal to restructure the state's economic development efforts by consolidating several programs within the Department of Community and Economic Development (DCED). Total general fund spending for DCED in FY12 is $212.8 million, down from $327.5 million last year or a 35 percent reduction. Much of this is achieved through consolidating programs.

The Ben Franklin Technology Development Authority Fund will receive $14.5 million, down from $16.9 million in FY11. The authority funds the Ben Franklin Technology Partners, which provide access to capital and entrepreneurial support services to promising tech-based companies through its four regional networks. The budget funds a new line item of $9.9 million for the Discovered in PA, Developed in PA initiative to help entrepreneurs connect with state resources. The program seeks to develop and deploy regional experts to reach out to high-growth companies and provide them with access to services and financing to help grow their businesses.

This week, President Barack Obama announced a new interagency pilot initiative to bolster regional economic strategies in select towns and cities. The Strong Cities, Strong Communities (SC2) initiative will offer federal resources to support ongoing efforts in six pilot communities, including Chester, PA; Cleveland, OH; Detroit, MI; Fresno, CA; Memphis, TN; and New Orleans, LA. Cross-agency teams will assist with mayoral initiatives in the participating cities, while a fellowship program will recruit and train local policy specialists. In addition, a national grant competition will support economic strategy development in six other cities.

Federal advisors from various agencies, picked based on the type of projects undertaken by the city, will help the participating communities leverage existing federal funding and programs. The initiative will involve four cross-agency components:

The 2012-13 biennial budget signed into law last month by Gov. John Kasich authorizes the state to transfer the liquor distribution system to JobsOhio, a private nonprofit partnership created to assume the business-incentive and job-creating functions of the Ohio Department of Development. With the transfer, the state expects to generate $1.2 billion in a lump-sum payment, with $500 million deposited into the general fund in FY12 and $700 million used to pay off outstanding bonds supported by liquor profits, according to an analysis by the Ohio Legislative Service Commission.

Ohio is one of several states to enact legislation privatizing some or all economic development functions during the 2011 legislative sessions. Governors in Arizona, Iowa, Nevada, and Wisconsin signed similar bills this year eliminating their primary economic development agencies and replacing them with public-private partnerships intended to reduce state spending and improve the responsiveness of state efforts.

New research suggests that the current jobs crisis may have its roots in factors that predate the 2007-2009 recession. In Starting Small; Staying Smaller; America's Slow Leak in Jobs Creation, the Kauffman Foundation's E.J. Reedy and Robert Litan find that over the past few years new businesses are starting off smaller and growing less than in previous years. For example, the cohort of firms that started in 2009 are now predicted to contribute one million fewer jobs over the next decade than historical averages would suggest. Read the report...