For three decades, the SSTI Digest has been the source for news, insights, and analysis about technology-based economic development. We bring together stories on federal and state policy, funding opportunities, program models, and research that matter to people working to strengthen regional innovation economies.

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Ontario Commits $63M to Commercialization Strategy

If you consider North America's public investment to encourage economic growth through science and technology at the state or provincial government level, Ontario should be in your top 10. And the recent injection of $63 million for technology commercialization might have bumped the province of 12 million residents up a place or two.

Late last month, the Ontario provincial government outlined a four-year commercialization plan to link public research institutions with companies that can move the research out of the lab and into the market. Universities, colleges and hospitals will receive $27 million to help them identify promising research and make them investor-ready; and institutions will receive an additional $36 million to establish pools of seed capital to commercialize the best ideas. The goal is to create more spin-off companies and accelerate the growth of small- and medium-sized enterprises and leading-edge jobs.

British Launches 10-year Science & Innovation Investment Plan

Science Spending to Rise £1B Over Next 3 Years Alone

"..because we want Britain to be the most attractive location in the world for science and innovation, we are setting a new and ambitious target of increasing UK R&D investment as a proportion of national income from its current level of 1.9 percent to 2.5 percent by 2014 over the next decade."

The quote is from the first page of the United Kingdom's new Science & Innovation Investment Framework: 2004-2014, which lays out a specific and ambitious commitment to strengthening the nation's position as both a center for knowledge creation and as a world leader in technology commercialization.

France Creating NSF-like Agency

One Goal would see Science Share of GDP Surpassing US before 2010.

Not to be outdone by its European neighbor across the Channel (see story above), the French government announced at the end of June it will create a national research agency modelled after the National Science Foundation, according to The Scientist, the European Commission and several French news reports. While the budget for the new government agency will not be released until November, the press reports indicate an additional $1.23 billion (US) could be available for research grants in 2005.

Austrian Paper Recommends Differentiated Approach for Innovation Policy

Innovation policy approaches need to address specific challenges, problems and opportunities found in different types of regions, according to a new research paper from the Vienna University of Economics and Business Administration. The paper, One Size Fits All? Towards a Differentiated Policy Approach With Respect to Regional Innovation Systems, was presented at the recent German Institute of Economic Research conference. In it, the authors stress there is no ideal model for innovation policy in tech-based economic development, instead making a case for more differentiated policies.

Various types of regions are analyzed, based on their preconditions for innovation, networking, and innovation barriers. The authors highlight the regional innovation system (RIS) approach, which is said to provide a useful framework for a differentiated approach.

DOL Provides $17.2M for National Biotech Initiative

The U.S. Department of Labor (DOL) launched last month a $17.2 million national Biotechnology Worker Training Initiative in support of the President’s High Growth Job Training Initiative.

“This $17.2 million in training funds will recruit and train workers for jobs in the biotechnology field, which is expected to be one of the fastest growing sectors by 2012,” said Secretary of Labor Elaine Chao.

An initial award of $2.4 million was made to the Pittsburgh Life Sciences Greenhouse (PLSG), a public-private partnership dedicated to Western Pennsylvania's life sciences industry. Chao said the grant to PLSG would help increase awareness about promising biotech-related careers in the state, while addressing the need for skilled workers.

Missouri Gov. Signs 'Jobs Now' Bill

New manufacturer training funds, enhanced enterprise zones, and new economic development infrastructure loans are among the incentives included in Missouri's Jobs Now legislation, signed into law by Gov. Bob Holden on July 8. Passage of key elements of the package was one of the governor's top priorities for the legislative session and was considered critical for securing the new 1,200-employee H&R Block headquarters in downtown Kansas City, according to local news reports.

Kentucky Finds Teachers' S&T Knowledge Dated

The pace for new advances in science and technology has quickened significantly over the past 10 years -- so much so that companies are challenged to stay current with the latest innovations. Entire new fields such as nanotechnology are being created while products introduced this week may be obsolete before the year is out.

If tech firms and research labs are having trouble keeping up with science and technology, how do we expect our K-12 science teachers to do so when they are always in front of a classroom? Is it an issue for inspiring new students into these fields when they enter college?

In perhaps one of the first of its kind a new study testing Kentucky science teacher’s depth of knowledge and understanding of critical new technologies reveals the issue is quite real for the Commonwealth. The results most likely could be transferred to most school districts across the country, we suspect.

New York CATs to Keep State Competitive after Decennial Re-compete

One of the recurring issues in many states for financing centers as part of their tech-based economic development portfolio is whether or not the organizations resulting from the multi-year, multimillion grants should become financially self sufficient at the end of the grant term. New York's approach of redesignating its Centers for Advanced Technology (CATs) provides a model similar to efforts employed in some states, but with broader applicability across many public-private initiatives to ensure long term, recurring public investments are yielding significant economic results.

Mandatory re-competitions through sunset clauses or grant terms force all of the partners in a particular tech-based economic development initiative to re-evaluate the program's continued value and effectiveness.

Investment in Education Wise for Economy, Report Shows

As state and local governments make tough funding choices with tight budgets, a new Economic Policy Institute (EPI) report shows adequate and effective funding of education is the best way to achieve faster growth, more jobs, greater productivity, and more widely shared prosperity.

Smart Money: Education and Economic Development draws on research to show how increased investment in preschool, primary and secondary education, and colleges provides concrete returns to economic development through increases in productivity, learned skills, technology and workers' average earnings.

At a time when the knowledge-based economy demands increasingly higher skills to stay competitive, support for well resourced schooling and training is key, the report states. This strategy also is an important tool for advancing economic equality, it adds.

Input Sought for 'Next Generation' Manufacturing Programs

The U.S. Department of Commerce and the National Academy of Public Administration (NAPA) recently released reports making recommendations to address the challenges faced by the manufacturing industry. One of the recommendations in the NAPA report suggests creating a strategic plan that articulates the "next generation" of the Commerce Department's National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership (MEP). To gather public comment on the strategic plan and respond to both reports' recommendations, MEP will hold a series of regional roundtables and webcasts this summer:

Southern Growth Investigating Drivers for Industrial R&D

Wanted: all managers in private-sector research and development (R&D) facilities. The Southern Growth Policies Board is conducting a nationwide survey to gain insight into drivers and policies of industrial R&D. The survey attempts to illuminate university-company relationships. If you are a manager and can spare 10 minutes of your time for the online survey, visit the survey at http://www.southern.org/survey.shtml. Questions may be directed to Scott Doron, director of the Southern Technology Council, at sdoron@southern.org.

People

Connecticut Lt. Gov. M. Jodi Rell was sworn in as the state’s 87th governor on July 1, taking over from former Gov. John Rowland, who resigned amid a federal corruption investigation and a threatened impeachment for allegedly accepting gifts from employees and state contractors. Senate President Pro Tem Kevin Sullivan was sworn in as Lieutenant Governor. Rell is a Republican, while Sullivan is a Democrat.

Indiana Gov. Joe Kernan has named David Dorff as the state's first director for the new Office of Small Business Advocacy.

Angie Dvorak, vice president of research and economic development for the University of Southern Mississippi, is becoming president of the university's research foundation.

Frank Horrigan is leaving Innovation Works in Pittsburgh to become director of the Governors Action Team SW Regional Office.