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People

Friday, November 14, 2003

TechPoint, Indiana's statewide technology council, has named Cameron Carter to serve as president and chief executive officer.

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People

Friday, November 14, 2003

U.S. Navy Rear Admiral Thomas Q. Donaldson, V has been appointed Director of the John C. Stennis Space Center (SSC), effective Jan. 5, 2004.

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People

Friday, November 14, 2003

Carol Ann Dykes is the new president of the National Association of Management and Technical Assistance Centers.

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People

Friday, November 14, 2003

The new position of vice president of research and health services at the University of South Carolina will be filled by Harris Pastides.

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VC Holds Steady in Q3 2003

Friday, November 14, 2003

For the fifth consecutive quarter, venture capital (VC) investments in the U.S. hovered around the $4 billion range, showing a sign of stability, according to two independent reports. The reports affirm the industry's shift in focus away from information technology and toward the life sciences.

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Commerce Report Helps Define Biotech Industry

Friday, November 14, 2003

Biotechnology is projected by many to be the "next big thing" for economic growth — and money is following the hype. Congress has over the last several years accomplished the goal of doubling the budget for the National Institutes of Health, already the nation's largest funder of life science research.

  • Read more about Commerce Report Helps Define Biotech Industry

Angels Aligning in Own Association

Friday, November 14, 2003

In 2002, angels invested $15.7 billion in entrepreneurial businesses in the U.S., according to the Center for Venture Research. Yet – until now – there was no organization to establish best practices or collect data on how to maximize the performance of groups of angel investors.

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Pew Report Spotlights University-Community Partnerships

Friday, November 14, 2003

Can universities, foundations and funding agencies, local governments and nonprofits work together to mainstream research and evaluation while improving program operations?

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Local TBED Briefs

Friday, November 14, 2003

Iowa: Davenport Sells City Land for Tech Incubator

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New Report Identifies States' Investments for Biosciences

Monday, April 10, 2006

States and regions across the U.S. are continuing to make significant investments and implement policies to capitalize on the growing biosciences sector. However, a challenge they face in coming years is a leveling off of federal bioscience R&D dollars, concludes a recent report prepared by Battelle, SSTI and PMP Consulting.

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Recent Research: GAO Looks at State Tobacco Settlement Distributions

Monday, April 10, 2006

Despite all the press generated each time a state commits multimillion portions of its tobacco settlement distribution toward R&D and technology-based economic development (TBED), readers may be surprised to learn economic development activities captured only 4 percent of the total payments in 2005, according to a new report from the Government Accountability Office (GAO).

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USPTO Releases List of Top 13 Universities Receiving Most Patents in 2005

Monday, April 10, 2006

For the 12th consecutive year, the University of California tops all universities for the most patents for inventions, according to a list recently released by the U.S Patent and Trademark Office. The preliminary list reveals the top 13 U.S. universities receiving the most utility patents during calendar year 2005. All campuses are included in each school's total.

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Dual Enrollment Has Little Effect on Postsecondary Matriculation in Kentucky, Study Finds

Monday, April 10, 2006

Increasingly states are making it easier for high school students to participate in college courses while still attending high school. The goal of dual enrollment is to encourage more students to attend college, giving them a leg up on a degree. A new report by the Kentucky Council on Postsecondary Education suggests the efforts are not working in Kentucky.

  • Read more about Dual Enrollment Has Little Effect on Postsecondary Matriculation in Kentucky, Study Finds

Useful Stats: State Business Churning Statistics, 2004

Monday, April 10, 2006

Using data from the Small Business Administration’s Office of Advocacy, SSTI has prepared a table presenting business churning statistics and rankings for all 50 states and the District of Columbia for 2004. Business churning, a measure of new firm births and existing firm deaths as a share of total firms (small businesses with employees), is seen as a major driver of innovation and growth.

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International Trademarking Easier With U.S. Treaty

Friday, November 7, 2003

The process of registering trademarks in multiple countries became simpler on Nov. 2 when an international treaty administered by the World Intellectual Property Organization (WIPO) entered into force in the U.S.

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Young, Single College Grads Still Mobile and Urban, Census Bureau Reports

Friday, November 7, 2003

Young, single, college-educated people are moving to large metropolitan areas, often to central cities — a trend that defies the general population’s outward migration from the same areas, according to a report based on Census 2000 data released by the U.S. Census Bureau today.

  • Read more about Young, Single College Grads Still Mobile and Urban, Census Bureau Reports

Useful Stats: Net Migration by State and Metro Area

Friday, November 7, 2003

Based on the Census report and accompanying data, SSTI has prepared two summary tables presenting net migration figures for the 1995-2000 for each state and for the 276 Metropolitan Statistical Areas in the U.S. For each table, the jurisdictions are ranked by numerical gain or loss in migration.

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Ohio Voters Reject $500M Tech Bond Issue

Friday, November 7, 2003

By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.

  • Read more about Ohio Voters Reject $500M Tech Bond Issue

Think Tank Finds State Fiscal Crisis To Carry Into FY05

Friday, November 7, 2003

State budget woes will continue into fiscal year 2005, reports the Washington-based Center on Budget and Policy Priorities. According to the five-page A Brief Overview of State Fiscal Conditions and the Effects of Federal Policies on State Budgets, FY05 estimates released by 21 state budget offices project a combined total shortfall of up to $33 billion — or 9 percent of those states' expenditures.

  • Read more about Think Tank Finds State Fiscal Crisis To Carry Into FY05

USDA, SBA Agreement Supports Rural Areas

Friday, November 7, 2003

To stimulate business development and job growth in rural areas, officials of the U.S. Department of Agriculture (USDA) and the U.S. Small Business Administration (SBA) signed on Oct. 31 a collaborative agreement to create the Rural Business Investment Program (RBIP). The initiative will allow newly formed venture capital investment companies to leverage private capital funds with government financial assistance and to obtain both government and private grant resources for technical assistance.

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North Carolina Creates Rural Entrepreneurship Institute

Friday, November 7, 2003

Coupling manufacturing's sharp employment drop with the perennial struggles of a rural economy and the current economic downturn can cause massive struggles for many of the country's sparsely populated areas. The closure or significant downsizing of one manufacturing plant can be terminal for a small, rural town.

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Maryland Supports For-Profit to Speed Tech Commercialization

Friday, November 7, 2003

With the support of Maryland's Department of Business and Economic Development (DBED), BrainChild Maryland was launched this week to identify and capitalize on Maryland's most promising new technologies. The for-profit company will identify university and federal lab technologies that have the greatest potential for becoming viable products and services.

  • Read more about Maryland Supports For-Profit to Speed Tech Commercialization

U.S. First on 'Networked Readiness Index'

Monday, April 3, 2006

The on/off binary fundamental of information and communication technology (ICT) could just as well describe the U.S. position in the field. For the third time in five years, the U.S. leads all nations on the Networked Readiness Index (NRI) contained in the World Economic Forum's Global Information Technology Report 2005-2006.

  • Read more about U.S. First on 'Networked Readiness Index'

Interest Not Problem for Underrepresented Groups in S&T

Monday, April 3, 2006

African-American and Hispanic students begin college interested in majoring in science, technology, engineering and math (STEM) fields at rates similar to those of white and Asian-American students and persist in these fields through their third year of study, but do not earn their bachelor’s degrees at the same rate as their peers, according to a new analysis conducted by the American Council on Education (ACE).

  • Read more about Interest Not Problem for Underrepresented Groups in S&T

Idaho Legislature Rejects Governor's Request for Tech Programs in FY07 Budget

Monday, April 3, 2006

Gov. Dirk Kempthorne recently received some good news about his future when President Bush nominated him to serve as Secretary of the U.S. Department of Interior. The news was not as rosy on the home front for Idaho's economic future, however, as the state legislature in late March rejected the governor's plans for Idaho to take a more proactive role toward building a tech-based economy.

  • Read more about Idaho Legislature Rejects Governor's Request for Tech Programs in FY07 Budget

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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