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SSTI Digest

R&D TAX CREDIT EXPIRES

The Research and Experimentation Tax Credit expired on June 30, and there is concern that it may not be renewed this year. Reports indicate that the most likely vehicle for the tax credit would be a general tax bill, but according to the American Institute of Physics, the chances of a tax bill being agreed to by Congress and signed by President Clinton before the end of the session are considered slim.

SSTI SPONSORS SECOND ANNUAL CONFERENCE

The State Science and Technology Institute is sponsoring its second annual conference "Science and Technology Programs: Catalysts for Economic Growth" on September 23 and 24.

NASA SELECTS THREE NEW BUSINESS INCUBATORS

NASA announced the award of cooperative agreements to establish new technology business incubators at three NASA Centers: the Goddard Space Flight Center (MD), the Langley Research Center (VA), and the Jet Propulsion Laboratory (JPL), combined with the Dryden Flight Research Center, (CA).

UPDATES ON U.S. INNOVATION PARTNERSHIP AVAILABLE

Updates on activities the United States Innovation Partnership (USIP) are now available through an e-mail distribution list. To subscribe, send an e-mail to USIP@asme.org

INDUSTRIAL R&D UP — TURNAROUND IN MANUFACTURING CITED

Industrial research and development spending totaled approximately $145 billion in 1996, a 10 percent increase for the second year in a row. More than 83 percent of that funding came from industry itself with the federal government providing the remaining funds, according to a new Data Brief prepared by the National Science Foundation. Small businesses, those with 500 or less employees, spent slightly more than $20.2 billion or 14 percent of the total industrial R&D spending in 1996. This represented a 21 percent increase over 1995's total.

SENATORS FRIST AND ROCKEFELLER INTRODUCE BILL TO DOUBLE CIVILIAN R&D SPENDING

On June 25, Senators Bill Frist (R-TN) and Jay Rockefeller (D-WV) introduced a new bill, the Federal Research Investment Act (S. 2217). The purpose of the bill is to provide for the continuation of federal research investment in a fiscally sustainable way.

NSF RELEASES THREE DATA BRIEFS ON FEDERAL R&D FUNDING

The National Science Foundation's (NSF) Division of Science Resources Studies has released three individual data briefs all pertaining to federal research and development funding trends.

TORNATZKY GOING WEST; STC SEEKS NEW DIRECTOR

Lou Tornatzky has announced that he will be stepping down from his position as Director of the Southern Technology Council (STC), a position he has held since 1993. Tornatzky will be relocating with his family to the West Coast, but will continue to serve as an STC Research Fellow.

GOVERNORS RELEASE POST-SECONDARY EDUCATION REPORT

The Education Commission of the States has released a report entitled "Transforming Postsecondary Education for the 21st Century." This report is the result of an extensive survey of Governors from the fifty states and Puerto Rico. Their perceptions regarding the need to reshape the higher education system to meet fundamental state needs is the focus of the study.

SURVEY OF ENVIRONMENTAL PRODUCTS AND SERVICES RELEASED

The environmental technology and services industry, and its contribution to the national economy, have been evaluated in a new report entitled "Survey of Environmental Products and Services." The report is the product of a collaborative effort between the U.S. Environmental Protection Agency (EPA), the Department of Commerce's International Trade Administration, and the Department of Commerce's Bureau of the Census.

MAINE AND NAVY CREATE PARTNERSHIP TO USE REMOTE SENSING TECHNOLOGY

The State of Maine, the University of Maine, the US Navy, and the Maine Science and Technology Foundation (MSTF) have signed an agreement that initiates a partnership to improve the stewardship of the state's natural resources.

GOODMAN TO RETIRE

Nadia Goodman, the Louisiana Department of Economic Development's Director of Policy, Planning and Technology, has announced that she is retiring effective June 30. In addition to being very active within the Science and Technology Council of the States (STCS), Mrs. Goodman has been a good friend of SSTI's since its creation. SSTI staff trust that she will continue to provide advice and offer insights from her new residence in Mexico.

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