SSTI Digest

States are increasingly seeking new approaches to maintaining a pipeline of skilled workers, qualified to fill the gaps left by baby boomers retiring in the coming years and college graduates pursuing career options elsewhere. Over the past several years, state economic development agencies, nonprofit organizations, and industry-led groups have not only stepped up their efforts to recruit and retain high-tech workers, but also are examining the key factors involved in attracting high-tech workers to a region.

Recently, a privately-owned manufacturing contractor in Idaho announced a new initiative to build the skills of workers in rural areas of the state, which in turn will make the region more likely to attract new industries. Several partners have signed on to take part in the program, called Rural Idaho Outreach Partners, including the Idaho Department of Labor, the Idaho National Laboratory, and the Salmon Valley Business and Innovation Center.

Cluster strategies show proximity is seen as an important requirement for tacit knowledge flows and the resulting economic development benefits of innovation and entrepreneurship. Research by Barak Aharonson, Joel Baum, and Maryann Feldman showed spillover benefits of agglomeration for businesses are strongest within 500 meters of a site.

The benefits faded rapidly over distance - so is the reverse true? What happens when you put aspiring young entrepreneurs in the same dorm?

As news on the economy turns darker shades of bleak, communities across the country are looking for alternative ways to finance their innovation strategies. Some of their approaches will be the topic of two breakout sessions at SSTI's upcoming conference, Encouraging Regional Innovation. This story looks at one example. For more information on the conference, visit: http://ssticonference.org/

Following several weeks of deliberation over the past summer months, a panel of highly qualified TBED practitioners has selected recipients demonstrating exceptional achievement in approaches to building and sustaining tech-based economies to receive SSTI's Excellence in TBED Award for 2008.

The recipients will be announced at SSTI's 12th Annual Conference, to be held Oct. 14-16 at the Intercontinental Hotel Cleveland.

With a blockbuster agenda, the first block of hotel rooms already sold out and a second block in the nearby Intercontinental Suites filling rapidly, SSTI's 12th Annual Conference in Cleveland, Oct. 14-16, is on pace to be a very special event for those TBED practitioners and policymakers who wisely register soon!

Registrations for the premiere professional development event of the year for state, local and academic tech-based economic development professionals are streaming in faster than they did for last year's great conference in Baltimore. SSTI closed attendance last year at 375 to ensure the highest quality professional development experience possible for conferees.

Easily the TBED community's most complete conference ever, Encouraging Regional Innovation, SSTI's 12th annual conference, is already drawing participation from more than 40 states and several countries.

The early registration discounts for expire on Monday, Sept. 23, 2008 less than two short weeks away!

The most pressing question in the debate about the United States international economic competitiveness is if the U.S. is successfully pushing to maintain its competitive lead well into the future, not only the question if the U.S. is currently ahead, according to a report released today by the Information Technology and Innovation Foundation (ITIF). The latter concern, as related to comparative international science and technology prowess, and its implications for national security was the subject of a June 2008 report prepared by the RAND Corporation for the Office of the U.S. Secretary of Defense.

We've been keeping you focused on SSTI's 12th annual conference, coming up Oct 14-16 at the Intercontinental Hotel Cleveland, but believe it or not, we're already working to ensure the 2009 and 2010 are as good or even better!

On Feb. 13, we announced the 2009 conference will be hosted by KTEC, one of the oldest and most successful TBED models in the country. The event will be held in Overland Park, KS on Oct. 20-22, 2009.

Today we are pleased to let our readers know 2010 will mark a first for SSTI conferences: we will be returning to the city  which hosted one of our earliest and most exciting conferences. For SSTI's 14th Annual Conference, we will be returning to Pittsburgh and the wonderfully elegant and historic Omni William Penn.  Pennsylvania's TBED community, led by the visionary and ever-creative Pennsylvania Department of Community and Economic Development,  will be our hosts once again in 2010.

The National Institutes of Health (NIH) have announced a four-year plan to invest approximately $70 million a year in a nationwide network of life science research centers. The Molecular Libraries Probe Production Centers Network will employ high-tech screening methods to identify molecules that can be used as probes to explore the functions of cells. This research is intended to help increase the pace of discovery in the field of chemical probes, which have become a key resource in fighting disease.

The network is the second phase of the Molecular Libraries and Imaging Initiative and is part of NIH's Roadmap for Medical Research program. The Roadmap program was launched in 2004 to support initiatives that address fundamental gaps in U.S. medical research. Funding for the network will be made available through the roadmap initiative for the initial four years, and then transition to other funding sources in years five and six.

Drawing on its high-tech cluster, Provo, Utah garnered the highest score in the 2008 Best-Performing Cities Index released today by the Milken Institute and Greenstreet Real Estate Partners.

The rebounding technology sector boosted several newcomers to the top 10 in the annual ranking of where America's jobs are being created and sustained. Metros that are highly dependent on resource extraction and export-intensive industries also showed success.

Rounding out the top five metros are Raleigh-Cary, NC; Salt Lake City, UT; Austin-Round Rock, TX; and Huntsville, AL.

The report explains that several past leading cities fell in the standings due to the national decline in housing and construction markets, and metros that remain concentrated in manufacturing continue to lag in the rankings. Rising energy prices have hindered the performance of cities where industries with high energy use are the key drivers, while benefiting those regions with significant oil and gas production and exploration activities.

On a per student basis, state support for public higher education on average increased 4.2% over the four years of 2003-2006. Over the same time period, enrollment figures increased even more rapidly.

The percent change in appropriations per student varies greatly among the states. SSTI has prepared a table presenting the amount of state funds appropriated to postsecondary institutions per-student (2003 to 2006) SSTI's table is available at: http://www.ssti.org/Digest/Tables/091008.htm

In 2006, the most recent year enrollment values were available, the U.S. average for the state-based postsecondary appropriations per student was $5,069.

Complete descriptions of these opportunities and others are available at: http://www.ssti.org/posting.htm.

The Kansas Bioscience Authority is seeking someone to serve as the director of Heartland BioVentures (HBV). The position is responsible for working with HBV's leadership to develop and sustain a robust pipeline of fundable bioscience companies by implementing a technical and business assistance activity following consultative evaluation of investment opportunities.  The best candidates will have substantial business development experience, a proven record of success in a start-up environment and/or investment firm, and experience working in one or more facets of the bioscience industry.  Experience working with boards of directors and/or advisors is preferred as is experience in the bioscience sector.

Federal funding of academic science and engineering (S&E) R&D failed to outpace inflation for two consecutive years, according to the latest annual Survey of Research and Development Expenditures at Universities and Colleges from the National Science Foundation (NSF).  The decline in two consecutive years has never occurred before in the survey's 36-year history. The survey presents FY07 data obtained from 672 S&E degree granting universities and colleges that expend at least $150,000 in S&E R&D in the survey period.

In current dollars, federally-funded academic R&D expenditure rose 1.1 percent in FY07 to $30.4 billion. After adjusting for inflation, the spending represents a 1.6 percent decline from fiscal year 2006 and a 0.2 percent decline from FY05.