Following the 1998 Master Tobacco Settlement Agreement, states across the country set out to dedicate significant amounts of funding from their share of the settlement to support research and other TBED programs.
On Monday, Sept. 26, 2005, the Economic Development Administration will host a one-hour telecast, to discuss the final report of the Strengthening America’s Communities Advisory Committee.
Public-private partnerships involving cooperative research and development activities among industry, universities and government laboratories can play a key role in speeding new technology from the concept stage to the marketplace, argues a new report conducted by the National Research Council (NRC).
State and local governments are starting to develop entrepreneurship programs, but the past decade's progress could be threatened by the looming fiscal crisis facing the states, according to a new study released by the National Commission on Entrepreneurship (NCOE) and the Center for Regional Economic Competitiveness (CREC).
During the past two years, efforts have been launched in the Dallas-Fort Worth metroplex to boost its capacity for building a technology-based economy. The efforts have been directed toward increasing public-private cooperation, especially across organizations and jurisdictions that traditionally have thought of themselves as competitors, and conducting a critical review of the area's strengths and weaknesses.
The steady decline of venture capital abated in the fourth quarter of 2002 with total investments of $4.2 billion, essentially flat from the prior quarter of $4.5 billion, according to the PricewaterhouseCoopers/Venture Economics/National Venture Capital Association MoneyTree Survey. A total of 692 companies received funding in the fourth quarter compared to 671 companies in the third quarter.
W. Glenn Cornell has been named commissioner of the Georgia Department of Industry, Trade and Tourism.
Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.
Andrew Kim is the new policy director for Tennessee Governor Phil Bredesen.
W. Glenn Cornell has been named commissioner of the Georgia Department of Industry, Trade and Tourism.
Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.
Andrew Kim is the new policy director for Tennessee Governor Phil Bredesen.
Dr. Donald Smith has been named interim chief executive officer of the Pittsburgh Life Sciences Greenhouse.
The Economic Development Administration (EDA) has announced it is accepting nominations for the Excellence in Economic Development Awards 2003. The awards will be presented in Washington, D.C. at EDA's National Conference Engines of Economic Growth for the 21st Century May 7-9, 2003.
Nominations for the awards will be accepted across seven categories:
With the proper utilization of existing resources, the development of key new programs, strong leadership within state government and coordinated efforts among all programs and stakeholders, Kentucky has the opportunity to become a world leader in specific niches of the life sciences industry, says a report from the Governor's Life Sciences Consortium.
Cluster theories for explaining geographically distinct areas of economic activity have guided state and local economic development policy to varying degrees for the past 25 years. Encouraging cluster growth will be hot in one state’s strategies to encourage growth while cooling or completely absent from its neighbors.
When it comes to managing a portfolio of programs, do you know what really works to ensure they will have the most impact for building a tech-based economy? "Maximizing Impact: Evaluating Science and Technology Programs," one of four full-day pre-conference workshops to be held at SSTI's 9th Annual conference on Oct. 19-21, 2005, strives to answer the question.
There is increasing speculation that China's surge in the global economy is unsustainable, in part, because of its debt (see the Aug. 22, 2005 issue of Business Week). Closer to home, others point out, with the addition of the recent record U.S. budget deficits, America’s national debt will be too burdensome on generations X and Y and whatever letter comes next.
Central California's Regional Technology Alliance has changed its name to the Inland Empire techSOURCE.
New and re-elected Governors gave inaugural addresses in Alabama, Oklahoma, Pennsylvania, South Dakota, Tennessee and Texas during the past 10 days. Additionally, State of the State addresses were made in Hawaii, Montana, Nevada, New Mexico, Ohio, South Carolina, South Dakota and Utah. Building tech-based economies remains a high priority for many Governors, as evidenced in the following:
Nevada
Many states and communities are focusing their limited technology-based economic development funds toward cluster development, concentrating on those sectors in which some assemblage already exists within the jurisdiction. Proponents of the approach suggest the public sector is able to maximize its investments in those areas already showing some strength.
Whether the reason is to spur more innovation among students, fight the brain drain of graduates or simply help to build tech-based economies, many states, communities and universities are targeting a portion of their efforts toward encouraging tech-based entrepreneurship among their young residents and college students.
Central California's Regional Technology Alliance has changed its name to the Inland Empire techSOURCE.
More rigorous evaluations of local economic development programs and policies are feasible argues a recently released working paper by Timothy Bartik, a senior economist at The W.E. Upjohn Institute for Employment Research. Evaluating the Impacts of Local Economic Development Policies On Local Economic Outcomes: What Has Been Done and What Is Doable? stresses the importance of evaluation in local economic development.
Midwest Angel Network Association Launched in Illinois
Todd Bankofier has been appointed president of the Arizona Technology Council.
Alaska Governor Frank Murkowski has named Edgar Blatchford, a journalism professor at the University of Alaska, to serve as commissioner for the Department of Community and Economic Development.
Todd Bankofier has been appointed president of the Arizona Technology Council.