SSTI Digest

A new report prepared for the U.S. Economic Development Administration aims to provide public officials, development practitioners and researchers with a greater understanding of the relationship between the creation and commercialization of technologies and regional economic development. Technology Transfer and Commercialization: Their Role in Economic Development begins by outlining the causes and effects of the restructuring of the U.S. economy that necessitates technology-focused development strategies. For readers without a technology background, the report defines and describes a typology of technology transfer and commercialization activities.

The SSTI Weekly Digest will resume publication on January 9. We hope all our readers have a safe, prosperous, and happy 2004.

Building on the his first economic plan, Vermont Governor James Douglas has announced a second set of proposals to retain and create jobs in the state. The governor's eight-page Creating Jobs for the 21st Century embodies several tech-based economic development elements within the four primary goals outlined below. Some of the highlights include:

Campaign to Retain: Providing a Competitive Environment for Vermont Businesses to Prosper and Grow

Create a training curriculum and network of expertise in entrepreneurial education on seed investing and commercialization; and, Organize a Vermont venture capital consortium.

Thinking Ahead: Empowering the Next Generation of Manufacturing

The high tech economy of Massachusetts is emerging from the recent recession with its fundamental strengths in science, technology and entrepreneurship in good shape, according to the Executive Index of the Massachusetts Innovation Economy. Significant innovation in the state’s industries, however, is necessary to make up for the jobs lost since 2000, the index states.

Prepared annually by the Massachusetts Technology Collaborative (MTC), the 32-page index shows that while the state’s fundamental strengths are in place, its competitive position as an innovator cannot be taken for granted. The index argues Massachusetts must look for new ways to enhance and improve its climate for innovation, given the accelerating national and international competition in research and development.

The promise of high-wage jobs, increased business competitiveness and wealth creation makes the commercialization of university research a central element in the technology-based economic development strategies of many states, provinces and regions of North America. With figures such as $1.267 billion in aggregate adjusted gross licensing income and more than $1 billion in running royalty income on product sales, the latest and most comprehensive survey released by the Association of University Technology Managers (AUTM) reveals why.

AUTM Licensing Survey: FY 2002 provides information about licensing activities at 222 U.S. and Canadian universities, hospitals and research institutions, a record high for the 12th annual publication. Despite the severity and depth of the national recession, the survey reports marked increases across the board for sponsored research expenditures, invention disclosures, U.S. patent applications, licenses and options, license-related income and new products.

A recent survey of 343,336 of the nation's fourth and eighth graders indicates more students are performing better in mathematics, according to the National Center for Education Statistics (NCES). In the math portion of NCES' National Assessment of Educational Progress (NAEP), large gains were shown among the lowest 10 percent of fourth grade students and most of the lower-scoring eighth grade students since the study was last conducted in 2000. Additionally, higher-scoring students posted gains at a smaller rate, lessening the overall achievement gap.

Nothing in the performance of the residential broadband market suggests that federal subsidies or other government intervention will enhance the market from the perspective of economic efficiency, concludes the Congressional Budget Office (CBO) in a new report, Does the Residential Broadband Market Need Fixing? CBO prepared the report for the Senate Budget Committee, reviewing recent trends in the market for residential fast Internet access to determine whether there are impediments to the market's growth.

Since 1999, CBO states, the adoption of broadband services by households and businesses has increased at a rapid rate. CBO points to two key Federal Communications Commission statistics to support its case:

Alaska Technology Councils To Merge The Alaska High-Tech Business Council and the Technology Entrepreneurs Coalition will be merging January 1 to form HiTechAlaska. With more than 100 members, the new organization will focus on promoting the growth and development of the state's tech industry and strengthening industry ties with the University of Alaska system. The group will also broaden its focus beyond information and communication technologies. The organization's website, www.hitechalaska.com, will be launched in the beginning of 2004.

The National Association of State Universities and Land Grant Colleges elected University of Georgia president Michael Adams as chairman of its council of presidents.

Lizabeth Ardisana was elected Chairperson of the Michigan Hispanic Chamber of Commerce, becoming the first woman to hold the position in the state.

Sonya Buckner has resigned her position as director of the small business incubator for the Montgomery Area Chamber of Commerce to become vice president of special projects for the Oklahoma Chamber of Commerce. Douglas Jones will assume leadership of the Montgomery Incubator.

The National Association of State Universities and Land Grant Colleges elected University of Georgia president Michael Adams as chairman of its council of presidents.

Lizabeth Ardisana was elected Chairperson of the Michigan Hispanic Chamber of Commerce, becoming the first woman to hold the position in the state.

Sonya Buckner has resigned her position as director of the small business incubator for the Montgomery Area Chamber of Commerce to become vice president of special projects for the Oklahoma Chamber of Commerce. Douglas Jones will assume leadership of the Montgomery Incubator.