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People

Friday, September 26, 2003

Robert McMahan has been named North Carolina's Science Advisor. In addition to advising the Governor on science and technology matters, McMahan will oversee the support staff for the North Carolina Board of Science and Technology. The advisor position will report to the secretary of the Department of Commerce.

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People

Friday, September 26, 2003

The Biotechnology Industry Organization (BIO) promoted Michael Werner to the new position as chief of policy. Formerly, Werner served as BIO's vice president for bioethics.

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New Milken Index Keeps Florida Cities Among Top Metros

Monday, February 27, 2006

For the second year in a row, Florida cities dominate the Milken Institute's top 200 largest U.S. metropolitan areas in the ability to create and sustain jobs. The top performer, Palm Bay-Melbourne-Titusville, moved up 31 places from last year and is followed by last year's top scorer, Cape Coral-Fort Myers, and Naples-Marco Island, respectively.

  • Read more about New Milken Index Keeps Florida Cities Among Top Metros

University of Pennsylvania Science Center Plans $600M Expansion Project

Monday, February 27, 2006

To further accommodate and cater to fledgling biotechnology, high-tech and start-up companies, the University of Pennsylvania Science Center in Philadelphia recently announced plans to add 1.85 million sq. ft. through the construction of six new buildings with retail and parking components.

  • Read more about University of Pennsylvania Science Center Plans $600M Expansion Project

Research Research and Useful Stats: NSF Releases Science & Engineering Indicators 2006

Monday, February 27, 2006

On Friday, the National Science Foundation (NSF) released Science & Engineering Indicators 2006, an update for the nation's most significant, quantitative and neutral assessment of the health of the U.S. and international science and engineering communities.

  • Read more about Research Research and Useful Stats: NSF Releases Science & Engineering Indicators 2006

Useful Stats: Industrial R&D Performance by State, 1999-2003

Monday, February 27, 2006

National R&D spending increased by $10.1 billion in fiscal year 2003, according to a recent National Science Foundation (NSF) InfoBrief. The increase followed an $8.1 billion decrease in FY 2002 expenditures over the FY 2001 level, the data show.

  • Read more about Useful Stats: Industrial R&D Performance by State, 1999-2003

TBED Mergers, Consolidations & New Starts

Monday, February 27, 2006

Sometimes, the economic advantages of consolidating state and local initiatives addressing different elements of building tech-based economies outweighs any potential dilution of specific efforts. Other times, the addition of an entirely new entity is required to provide concentrated focus on specific needs or activities. Here are a few of the most recent examples of the realignment of the TBED community:

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Job Corner: NGA Seeks Senior Policy Analyst

Monday, February 27, 2006

The National Governors Association (NGA) seeks a senior policy analyst with substantial expertise in technology-based economic development and the role state governments can play in promoting it.

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People

Friday, September 19, 2003

Donald Jakeway will be the new president and CEO for the Michigan Economic Development Corp.

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People

Friday, September 19, 2003

Joseph James is the new chief operating officer for the South Carolina Department of Commerce.

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People

Friday, September 19, 2003

The Florida Venture Forum named Robin Kovaleski as the first executive director for the organization.

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People

Friday, September 19, 2003

Former U.S. Congresswoman Connie Morella has been sworn in as the US Ambassador to the Organization for Economic Cooperation and Development.

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People

Friday, September 19, 2003

SSTI extends its sympathies to the family of Indiana Governor Frank O'Bannon. During his interrupted term in office, Gov. O'Bannon proved to be a strong friend of tech-based economic development efforts in the state.

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Wisc. Governor Unveils Plan to Grow State's Economy

Friday, September 19, 2003

Gov. Jim Doyle last week unveiled his plan to jumpstart the Wisconsin economy. The plan, "Grow Wisconsin," calls for a series of executive actions, private sector partnerships and legislative steps to create high-wage jobs and achieve other goals. Some of the tech-based economic development items outlined in "Grow Wisconsin" are:

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    Mass. Governor Lays Out $125M Jobs Bill

    Friday, September 19, 2003

    Gov. Mitt Romney outlined a legislative package on Monday totaling $125 million designed to create more jobs. Many elements of the package target the science and technology communities.

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    Study Highlights Nebraska’s Position in S&T

    Friday, September 19, 2003

    Investments in science and technology (S&T) – from higher education to industry research and development (R&D) – are the decisive factors in creating a sustainable economic future, a new study finds.

    • Read more about Study Highlights Nebraska’s Position in S&T

    NIST Releases Guide for Economic Impact Analysis of R&D

    Friday, September 19, 2003

    Gaining an understanding of the real and potential economic impact of government investments in research and development (R&D) has suffered for decades from a lack of rigorous but broadly applicable methodologies for the assessment. To advance the field toward a more appropriate degree of uniformity, the National Institute of Standards and Technology (NIST) recently released a primer on economic impact analysis of government R&D programs.

    • Read more about NIST Releases Guide for Economic Impact Analysis of R&D

    Useful Stats: Public High School Graduation Rates by State

    Friday, September 19, 2003

    An educated workforce is one of the elements required for a knowledge economy, but not all of the critical jobs require a Ph.D. or even a B.A. Few would dispute, though, the importance of successfully completing high school.

    • Read more about Useful Stats: Public High School Graduation Rates by State

    SSTI's Intro to TBED Preconference Workshop Sold Out

    Friday, September 19, 2003

    Seats Available for Developing Angel Organizations, Financing TBED Workshops

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    People

    Friday, September 19, 2003

    Randy Burge has announced his resignation as director of the New Mexico Department of Economic Development's Office of Science and Technology. Mike Orshan will serve as acting director beginning Sept. 29.

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    People

    Friday, September 19, 2003

    Randy Burge has announced his resignation as director of the New Mexico Department of Economic Development's Office of Science and Technology. Mike Orshan will serve as acting director beginning Sept. 29.

    • Read more about People

    New Regional Centers for Biodefense Research Awards Total $350M

    Friday, September 12, 2003

    Approximately $350 million in grants recently awarded by one of the nation's leading biodefense research agencies are intended to lessen the effects of any future bioterror attack. Administered by the National Institute of Allergy and Infectious Diseases (NIAID), the funding will be spread over five years for establishing eight Regional Centers of Excellence for Biodefense and Emerging Infectious Diseases Research (RCEs).

    • Read more about New Regional Centers for Biodefense Research Awards Total $350M

    Fed Looks at Biotech Policies, Payoffs for States

    Friday, September 12, 2003

    Specialization may be the key to successful economic development strategies based on the life sciences, suggests the September issue of the fedgazette, published by the Federal Reserve Bank of Minneapolis. This month's entire e-zine focuses on two issues of importance to many state and local tech-based economic development professionals — biotechnology and clusters.

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    Recent VC Developments in the States…

    Friday, September 12, 2003

    The availability and use of equity capital for early-stage investments varies greatly across the country. Seen as an integral component of most tech-based economic development, access to venture capital (VC) is on the agendas of several states — but several different approaches are used to address the problem. Recent announcements in four states illustrate the point:

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    NYC Should Rethink its Economic Development Strategy, Study Says

    Friday, September 12, 2003

    A new study examining the post-Sept. 11 economy of New York argues the city's traditional approach to economic development, one which has banked on a few favored sectors such as financial and business services, is outdated and should be reconceived.

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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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