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Illinois Tech Index Launched

Wednesday, May 28, 2008

Last week, NASDAQ saw the debut of the Illinois Tech Index (symbol: ILTI), currently recognized as the only technology index in the U.S. tracking publicly traded technology companies within an individual state. Based on 61 firms with their headquarters in Illinois, the Illinois Tech Index is derived from the aggregate value of the firms’ total shares outstanding. When the index officially started on Monday, May 19, the base value of the ILTI was 1000.00. As of Wednesday’s close of markets, the Index finished at 969.20.
 

  • Read more about Illinois Tech Index Launched

Restructuring State Economic Development Organizations in Oregon, New York

Wednesday, May 28, 2008

Earlier this month, the governors of Oregon and New York both outlined changes to the structure of their states’ lead economic development organizations.
 
Before Gov. Ted Kulongoski signed Executive Order 08-11 to reorganize the Oregon Economic and Community Development Department (OECDD), it consisted of three components:

    • Read more about Restructuring State Economic Development Organizations in Oregon, New York

    Incubator RoundUp: Growing and Sustaining High Technology Companies

    Wednesday, May 28, 2008

    Offering customized workspace such as wet laboratories and specialized research equipment is one of the many benefits provided by technology-focused incubators. Access to university research, business mentoring and administrative support services often accompany the reduced rent facilities with the goal of growing technology companies into successful, self-sustaining enterprises. Following are select announcements of recently launched incubators and partnerships from across the nation. 
     

    • Read more about Incubator RoundUp: Growing and Sustaining High Technology Companies

    People

    Monday, June 12, 2006

    Stuart Arnett announced he will step down as the director of economic development in the New Hampshire Department of Economic Development and Resources, effective Aug. 1, to pursue work in private sector.



    Connecticut Innovations has named Kevin Crowley as its director of investments.



    • Read more about People

    People

    Monday, June 12, 2006

    Stuart Arnett announced he will step down as the director of economic development in the New Hampshire Department of Economic Development and Resources, effective Aug. 1, to pursue work in private sector.

    • Read more about People

    People

    Monday, June 12, 2006

    Connecticut Innovations has named Kevin Crowley as its director of investments.

    • Read more about People

    People

    Monday, June 12, 2006

    The South Dakota Board of Regents announced that Scott Meyer will become system vice president of research, effective June 26.

    • Read more about People

    People

    Monday, June 12, 2006

    Jeff Nesbit was appointed director of the National Science Foundation's Office of Legislative and Public Affairs.

    • Read more about People

    SSTI Job Corner

    Monday, June 12, 2006

    Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.



    • Read more about SSTI Job Corner

    British Government Wants Innovation Nation

    Wednesday, May 21, 2008

    As readers know, the United Kingdom is no slouch in the world’s economy. A steady rise in productivity since 1997, the pound trading at nearly twice the dollar, and the home of some of the world’s top research universities and a global financial center for centuries all attest to the United Kingdom’s strong economic position.
     

    • Read more about British Government Wants Innovation Nation

    Enacted Kansas Budget Invests in Workforce, Innovation Economy

    Wednesday, May 21, 2008

    Several key proposals championed by Gov. Kathleen Seblius to prepare the state for an innovation-based economy were adopted by the legislature in the approved fiscal year 2009 budget signed into law by the governor earlier this month.
     

    • Read more about Enacted Kansas Budget Invests in Workforce, Innovation Economy

    People & TBED Organizations

    Wednesday, May 21, 2008

    Dr. Michel Bitritto was named director of the new business incubator being run by the New Jersey Meadowlands Commission.

    Dr. Peter Reczek was appointed executive director of the New Jersey Commission on Science and Technology.

    Don Siegel, president of the Technology Transfer Society, will be dean of the School of Business at the University of Albany, SUNY, beginning in fall 2008.

    • Read more about People & TBED Organizations

    SSTI Job Corner

    Monday, June 5, 2006

    Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.



    • Read more about SSTI Job Corner

    NSF: 2006 R&D Spending Up, But Growth Rate Slows

    Monday, April 23, 2007

    The National Science Foundation (NSF) projects U.S. spending for R&D in 2006 will be 6 percent higher than it was in 2005, once all figures are compiled for all sources of funds surveyed: industry, the federal government, universities, colleges and other nonprofit institutions.

    • Read more about NSF: 2006 R&D Spending Up, But Growth Rate Slows

    New Study, Online Database Released to Help Rural Communities

    Monday, April 23, 2007

    Which strategies should rural areas employ to encourage future growth? Many states and community leaders are asking themselves this question as they attempt to compete in a global economy. Several regions recently proposed to build ethanol plants in their areas to capitalize on the energy-production market. Other rural areas are promoting their cultural assets and natural resources to attract tourism.
     
    But what works best for each individual county?
     

    • Read more about New Study, Online Database Released to Help Rural Communities

    Submit Your 2008 Excellence in TBED Award Applications by May 16

    Wednesday, May 14, 2008

    This Friday, May 16, is the final day to submit your TBED initiative for consideration in SSTI’s premier national competition that showcases best practices and out-of-the-box thinking across six categories focusing on several elements found in successful tech-based economies.
     
    An SSTI Excellence in TBED Award distinguishes your initiative as a best practice worthy of emulation in the TBED community through your successful efforts to:

    • Expand the Research Infrastructure;
    • Read more about Submit Your 2008 Excellence in TBED Award Applications by May 16

    DOE Maps Plan for 20 Percent Wind Energy by 2030

    Wednesday, May 14, 2008

    Unprecedented investment in alternative energy technologies and growing awareness about the need for clean and renewable energy production have driven many states to initiate strategies to promote alternative forms of power generation, such as solar, hydroelectric, geothermal and wind power. Most current government strategies, however, fall short of what will be needed to build a truly reliable, affordable and clean energy portfolio in the U.S., according to a new study from the U.S. Department of Energy (DOE).

    • Read more about DOE Maps Plan for 20 Percent Wind Energy by 2030

    Regional Efforts in Southeast Michigan Leads to Shared Impact Report

    Wednesday, May 14, 2008

    Rallying the myriad local organizations, chambers of commerce and political jurisdictions of any large metropolitan area toward a shared economic development agenda is challenging. To twist a phrase from supply-side economics, the “trickle around” theory of benefits – when any major economic development project occurs in one community will have spillover benefits for the entire region – is a tough sell to communities and school systems trying to keep their budgets in the black.
     

    • Read more about Regional Efforts in Southeast Michigan Leads to Shared Impact Report

    Congress Passes Bill to Create Network of DOE Advanced Energy Tech Transfer Centers

    Wednesday, May 7, 2008

    Last week, the U.S. House of Representatives passed Senate Bill 2739, a component of which directs the Department of Energy (DOE) to provide grants and seek partnerships for the creation of a nationwide network of advanced energy technology transfer centers. These partnerships can include entities such as state agencies and local governments, utilities, colleges and universities, national laboratories, and other nonprofits providing energy technology expertise. The bill is now awaiting the president's signature.

    • Read more about Congress Passes Bill to Create Network of DOE Advanced Energy Tech Transfer Centers

    Follow-up Study Evaluates Maine’s Technology Cluster Development

    Wednesday, May 7, 2008

    A recent study prepared for the Maine Technology Institute and the Office of Innovation within Maine’s Department of Economic and Community Development examines and ranks 16 identified technology clusters in Maine - defining eight as sustainable clusters, five as potential clusters, and three as emerging clusters. These labels are based upon an extended view of clusters, namely that successful clusters depend on knowledge generation and knowledge spillovers and not just specification within certain industries.

    • Read more about Follow-up Study Evaluates Maine’s Technology Cluster Development

    Cities’ Roles in Knowledge Economy Focus of Prestigious Canadian Award

    Wednesday, May 7, 2008

    The Conference Board of Canada earlier this week named David Wolfe, professor of political science and co-director of the Program on Globalization and Regional Innovation Systems (PROGRIS) at the University of Toronto Mississauga's Centre for International Studies, as its fifth Scholar in Residence. Begun in 2005, the board’s prestigious scholar-in-residence program so far has focused on broader national issues such as regulatory reform and an emerging new federalism. Dr.

    • Read more about Cities’ Roles in Knowledge Economy Focus of Prestigious Canadian Award

    Recent Research: Profiling U.S. Tech & Engineering Entrepreneurs

    Wednesday, May 7, 2008

    The under-30 crowd may be the early adopters of many of the new gadgets in our lives - and the young techies who quickly became billionaires producing those toys may grab all the headlines - but a new study reveals most U.S.-born technology and engineering company founders are actually middle-aged, well educated and hold degrees from a wide assortment of universities.
     

    • Read more about Recent Research: Profiling U.S. Tech & Engineering Entrepreneurs

    SSTI Job Corner

    Wednesday, May 7, 2008

    More information on these opportunities and others is available at http://www.ssti.org/posting.htm.

    • Read more about SSTI Job Corner

    People & TBED Organizations

    Wednesday, May 7, 2008

    Lori Broyles was appointed coordinator of the Women's Business Center in Oklahoma City.

    • Read more about People & TBED Organizations

    People & Organizations

    Monday, May 15, 2006

    John Cronin was named state director of the new Rhode Island Small Business Development Center at Johnson and Wales University in Providence. Cronin is CEO of the Rhode Island Manufacturing Extension Partnership.



    • Read more about People & Organizations

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