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Innovation, flexibility, speed to market, and closeness to the customer are the common characteristics shared by successful small and medium manufacturers (SMMs), says a new report from the National Association of Manufacturers (NAM). The report reveals 15 best practices that are followed by successful SMMs and identifies challenges faced by manufacturers in an increasingly competitive global marketplace.

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.

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.

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.

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.

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:

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.

After months of analyzing data and hundreds of interviews, organizers of western North Carolina's Future Forward economic development strategy only await the study's approval by local governments. Future Forward is aimed at improving economic development conditions for 12 counties in the Western Piedmont and Mountains of North Carolina located in the 10th and 11th Congressional Districts — Alexander, Burke, Caldwell, Catawba, Iredell, Lincoln, Rutherford, Avery, Mitchell, Watauga, Wilkes and McDowell counties.

TOP Reauthorized and To Grow, Says Senate Commerce Committee

Climate change. Global warming. Foreign oil dependency. Natural gas prices. Ozone alerts. Brownouts. Increasingly, energy related items grab the headlines, copy space and news coverage across America.

Recently released information on per capita income by state reveals the dramatic impact the dot-com boom and bust, plus the economic slowdown has had on income levels. Analyzing per capita income from 1998 to 2002 indicates that during that time every state but Nevada saw their per capita income increase. However, almost half of the states (23) peaked in 2000 and their per capita income has declined since.

Two of the most critical issues in today's tech-based economic development (TBED) involve money — funding for companies and funding for TBED programs.

Large-Scale Biomedical Science: Exploring Strategies for Future Research

The Human Genome Project, considered by life scientists to be their first foray into "big science," has paved the way for future large-scale projects that promise to lead to faster improvements in human health. But no guidelines on how to organize and fund such initiatives in the biomedical sciences have been available — until now.

Rod Casto was recently appointed to the position of Associate Vice President for Economic Development in the University of South Florida's Office of Research. Mark Laurenzo also has been named the new Deputy Director of the Division of Patents and Licensing in the USF office.

Rod Casto was recently appointed to the position of Associate Vice President for Economic Development in the University of South Florida's Office of Research. Mark Laurenzo also has been named the new Deputy Director of the Division of Patents and Licensing in the USF office.

The nonprofit Challenger Learning Center of Alaska Board of Directors recently announced the hiring of Sharon Gherman as its new Executive Director. Gherman was the former K-12 program executive for the Alaska Science and Technology Foundation.

Jacques Koppel, president of Minnesota Technology, Inc. since 1991, announced his resignation on July 28. Under Mr. Koppel's leadership, MTI worked with more than 5,600 manufacturing and technology companies around Minnesota, helping the state's economy realize gains of more than $700 million in the process.

Pari Sabety, director of Ohio State University's Technology Policy Group, is leaving to become Director of the Neighborhood Markets Initiative, a new program of the Center for Urban and Metropolitan Policy in the Brookings Institution.

The director of the Nebraska Department of Economic Development, Al Wenstrand, is leaving to become executive director of the Florida's Great Northwest, an economic development agency serving the Florida Panhandle.

The City of Spokane and a group of local organizations have penned a strategic plan designed to help the city and the Inland Northwest achieve an Innovation Economy.

Nearly 60 percent of the new jobs in the knowledge-based economy of the early 21st century will require skills that are held by just 20 percent of the present workforce, states a new report released by the National Coalition for Advanced Manufacturing (NACFAM). The Case for Enhancing American Workforce Skills examines a growing skills gap in the nation's manufacturing sector and the problems employers have in finding skilled workers able to deal with technological changes in the workplace.

Until now, the opportunities have been fairly limited for tech-based economic developers to learn from the lessons of fellow practitioners running successful entrepreneurship programs.

Small businesses in the U.S. should consider a wide and complex range of factors before investing in foreign patents, recommends a new report prepared by the U.S. General Accounting Office (GAO).

C. Michael Cassidy, president of the Georgia Research Alliance, has been appointed to the governing board of the Biotechnology Industry Organization.

Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.

C. Michael Cassidy, president of the Georgia Research Alliance, has been appointed to the governing board of the Biotechnology Industry Organization.