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Useful Stats: US patents: A shift towards foreign-owned IP?

Thursday, June 26, 2025

Patents serve as a powerful tool that promotes the disclosure and diffusion of new innovations while allowing inventors an exclusive period to commercialize and profit from the technology. The U.S., while a hub for innovation and a leader in patents, has experienced stagnation in the growth of Patent Cooperation Treaty (PCT) applications and USPTO-granted utility patents in recent years. Ever since 2021, China has surpassed the U.S. in PCT applications, and more than half of all USPTO utility patents are owned by foreign entities, including Japan and the European Union. 

  • Read more about Useful Stats: US patents: A shift towards foreign-owned IP?

The US needs more workers with non-bachelor’s credentials

Thursday, June 26, 2025

Two recent research reports, one from Georgetown University's Center on Education and the Workforce (CEW) and another from Ivy Tech Community College, in collaboration with TEConomy Partners, LLC, focus on credential shortages that are keeping many jobs that don't require a bachelor's d

  • Read more about The US needs more workers with non-bachelor’s credentials

The U.S. AI Safety Institute has been renamed the Center for AI Standards and Innovation

Thursday, June 12, 2025

The U.S. Department of Commerce recently announced that the agency formerly known as the U.S. AI Safety Institute has been renamed the Center for AI Standards and Innovation (CAISI). The center’s priority focus areas also have been adjusted so that CAISI can serve as industry’s primary point of contact within the U.S. Government to facilitate testing and collaborative research. According to the Commerce announcement, CAISI will:

  • Read more about The U.S. AI Safety Institute has been renamed the Center for AI Standards and Innovation

Recent Research: ASPI Report says U.S. cedes lead in critical technologies research

Thursday, June 12, 2025

The Australian Strategic Policy Institute’s (ASPI) report, ASPI’s two-decade Critical
Technology Tracker: The rewards of long-term research investment, aims to identify
which countries and institutions are leading in high-impact research across 64 critical
technological domains, including defense, space, energy, environment, artificial

  • Read more about Recent Research: ASPI Report says U.S. cedes lead in critical technologies research

How organizations use BIO to advance their TBED goals

Thursday, June 12, 2025

Many SSTI members will attend the annual BIO International Convention, which will be held this year in Boston from June 16 to 19. There, they join a cohort of organizations with various connections to the life sciences, including contract research and manufacturing companies, academic centers, "big" pharma, "little" pharma, and foreign nations representing their life sciences efforts. 

  • Read more about How organizations use BIO to advance their TBED goals

MassVentures report reveals the impact sustained, smart public innovation finance can have

Thursday, June 12, 2025

In 1978, Massachusetts took a risk and made an $8.5 million investment into one of the earliest technology-based economic development (TBED) initiatives in the world. The commonwealth, among the states hard-hit by the global manufacturing restructuring underway at the time, which led to the deep recession of the early 80s, knew it needed to try something different to restore its economy and its long-term competitiveness.

  • Read more about MassVentures report reveals the impact sustained, smart public innovation finance can have

SSTI review of Q1 2025 VC investment sees pipeline problems brewing for regional TBED goals

Thursday, June 12, 2025

With Q1 2025 venture capital (VC) data stabilized and reports coming out on investment activity, it is a good time to review 2025 VC investment from a TBED perspective. Many published reports on VC activity include deals at the top end of the size range that—with individual transactions now reaching- billions of dollars—can swing some of the metrics and mask the underlying nuances facing smaller companies and markets. While investment levels are trending up, the totals are driven by mega deals and AI companies.

  • Read more about SSTI review of Q1 2025 VC investment sees pipeline problems brewing for regional TBED goals

Federal obligations for higher-ed S&E near an inflation-adjusted all-time high in 2023

Thursday, June 12, 2025

In fiscal year (FY) 2023, federal obligations for science and engineering (S&E) to universities and colleges totaled $49 billion—$29 billion more than FY 2000, and a 10% increase from the prior year. The growth is less rapid when adjusted for inflation (2017 USD), with just over $40 billion in real obligations in FY 2023, a 5% increase over the year prior and $12.6 billion (or 46%) increase over the FY 2000 value.

  • Read more about Federal obligations for higher-ed S&E near an inflation-adjusted all-time high in 2023

SBA is possibly ramping up manufacturing support with a new advisory committee

Thursday, June 12, 2025

The U.S. Small Business Administration posted a notice in the June 9, 2025, Federal Register of SBA’s intent to establish a Manufacturing in America Advisory Committee to “provide strategic guidance, advice, and recommendations to the U.S. government and relevant stakeholders on matters related to growth, supply chain resilience, and innovation of small manufacturing businesses across the country. The committee will act as the collaborative body to ensure the sector's needs, challenges, and opportunities are addressed.

  • Read more about SBA is possibly ramping up manufacturing support with a new advisory committee

Group calls for cross-region action to address semiconductor labor shortages

Thursday, May 29, 2025

For the United States to achieve greater security in chip manufacturing, the critical sector requires a much larger, better trained workforce.

  • Read more about Group calls for cross-region action to address semiconductor labor shortages

TBED101: Distinguishing critical and emerging technologies in policy

Thursday, May 29, 2025

Note: TBED101 is a new, occasional series for Digest readers visiting and revisiting fundamental topics for nurturing strong regional innovation economies. SSTI is introducing this series, with EDA support, as the field has entered one of its most significant periods of disruption and change in its 45-year history.

  • Read more about TBED101: Distinguishing critical and emerging technologies in policy

Improving public-private innovation finance: SSTI launches a new community of practice

Thursday, May 29, 2025

Tuesday, July 1 | 3:00 p.m. EST

Whether your region is just beginning to address market failures in risk capital availability and performance for innovation-centered companies or your current efforts could use a refreshing check-in among peers, please plan to join us for the kick-off of our Innovation Finance Community of Practice Series. 

  • Read more about Improving public-private innovation finance: SSTI launches a new community of practice

Innovation Advocacy Council convening for update on DC budget activities affecting TBED

Thursday, May 29, 2025

On June 3, SSTI will host a webinar exclusively for Innovation Advocacy Council members to receive an in-depth update on many of the confusing factors in play in the federal policy and budget environments—the key factors influencing the future of your state, regional and university TBED strategies. IAC partners at Van Scoyoc & Associates will be on hand to provide the latest news from the Hill and answer questions to help make sense of any new developments.

  • Read more about Innovation Advocacy Council convening for update on DC budget activities affecting TBED

With $93M injection, New Mexico boosts its support for TBED

Thursday, May 29, 2025

The list of technology-based economic development initiatives within the newly created Technology and Innovation Office of the New Mexico Economic Development Department covers the spectrum of critical policy aspects required for a strong state innovation economy: increasing R&D, business incubation, targeted emerging technologies and strong existing assets, startup capital, venture development, and innovation talent development and recruitment.

  • Read more about With $93M injection, New Mexico boosts its support for TBED

Research provides insights into how employees are using AI and their concerns about the technology

Thursday, May 29, 2025

If you’re leading a knowledge work[1] organization and considering introducing generative artificial intelligence into your workflow, it likely would be helpful to know how its use may impact the day-to-day aspects of your team’s work, and the potential risks involved. 

  • Read more about Research provides insights into how employees are using AI and their concerns about the technology

SSTI Board of Trustees appoints two new members

Thursday, May 15, 2025

The SSTI Board of Trustees has appointed Kristy Campbell, president & chief operations officer at Rev1 Ventures, and John Fernandez, chief executive officer at The Mill, as members of the board.  “I look forward to working with Kristy and John as new board members,” Dan Berglund, SSTI’s president, said with their appointments. “Both are proven, inspiring leaders, have been long time friends of SSTI, and demonstrated strong commitments to advancing the TBED community.”

The SSTI Board of Trustees has appointed Kristy Campbell, president & chief operations officer at Rev1 Ventures, and John Fernandez, chief executive officer at The Mill, as members of the board.  “I look forward to working with Kristy and John as new board members,” Dan Berglund, SSTI’s president, said with their appointments. “Both are proven, inspiring leaders, have been long time friends of SSTI, and demonstrated strong commitments to advancing the TBED community.”
  • Read more about SSTI Board of Trustees appoints two new members

ITIF: Only four U.S. states are above world average in concentration of advanced industries

Thursday, May 15, 2025

The United States faces intense competition in global markets for advanced technology industries.

  • Read more about ITIF: Only four U.S. states are above world average in concentration of advanced industries

SSTI expands its staff with a vice president for innovation finance

Thursday, May 15, 2025

SSTI has recently expanded its staff to include Aaron Hagar as their vice president for innovation finance. Hagar brings over twenty years of experience spanning biomedical research, heath care, public policy, and technology-based economic development to share with SSTI's members. He has significant experience building partnerships, creating innovative solutions, shaping public policy, and developing data-driven strategies.

  • Read more about SSTI expands its staff with a vice president for innovation finance

Discount codes are available for the SBIR/STTR Spring Innovation Conference

Thursday, May 15, 2025

America's Seed Fund returns to the J.W. Marriott in Austin, Texas, for the SBIR/STTR Spring Innovation Conference from June 9 -11.  SSTI Weekly Digest readers may use these discount codes to reduce their cost for attending:

  • Read more about Discount codes are available for the SBIR/STTR Spring Innovation Conference

Understanding the global growth potential of AI

Thursday, May 1, 2025

The AI market is projected to reach $4.8 trillion by 2023—a 25x increase in just 10 years, according to the UN Trade and Development (UNCTAD) 2025 Technology and Innovation report. The technology will be leap-frogging other “frontier tech markets,” including the Internet of Things, which currently dominates 36% of the market for emerging platform technologies. The super-charged AI market will impact up to 40% of global jobs, both positively and negatively.

  • Read more about Understanding the global growth potential of AI

Useful Stats: An international comparison of R&D expenditures

Thursday, May 1, 2025

Most countries have dramatically increased their investments in R&D over the past two decades, with OECD nation spending reaching a record high nearly $1,600 of gross domestic expenditure on R&D (GERD) per person in 2023 (PPP[1] converted), approximately triple the value recorded in 2000. Although the U.S.

  • Read more about Useful Stats: An international comparison of R&D expenditures

Key takeaways on the value of centralized technology transfer offices

Thursday, May 1, 2025

SSTI’s recent webinar for its EDA-funded TBED Community of Practice work explored the emerging trend of creating centralized tech transfer offices (TTOs) serving multiple institutions. Centralized approaches are intended to more efficiently help develop and commercialize inventions from smaller or regional colleges and universities.

  • Read more about Key takeaways on the value of centralized technology transfer offices

Upcoming Webinar: Building value-driven industry partnerships

Thursday, May 1, 2025

May 20, 2025, at 2:00 p.m. ET | Zoom 

  • Read more about Upcoming Webinar: Building value-driven industry partnerships

Recent Research: The paradox of progress: How narrowing pay gaps might perpetuate gender inequality

Thursday, January 16, 2025

A recent working paper from the Federal Reserve Bank of Boston, Self-reinforcing Glass Ceilings by Carlos F. Avenancio-León, Alessio Piccolo, and Leslie Sheng Shen delves into the complexities of the gender pay gap, even after it has narrowed. The authors challenge the conventional understanding that a shrinking gender pay gap automatically leads to greater gender equality.

  • Read more about Recent Research: The paradox of progress: How narrowing pay gaps might perpetuate gender inequality

Recent Research: Regionalism enhances productivity and innovation

Thursday, January 30, 2025

Regional cooperation economic development is believed to stimulate growth in various ways, including increased trade, enhanced movement of technologies from lab to market, and improved resource allocation. Federal support for innovation-driven growth has increasingly forced applicants to take integrated regional approaches. However, empirical evidence on the specific impacts of such cooperation is scant.

  • Read more about Recent Research: Regionalism enhances productivity and innovation

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Recent news from the SSTI Digest

The state of US venture capital investment in four charts. How might your innovation startups fare if investment trends hold?

Thursday, January 15, 2026

With 2025 behind us, and some time for the data to stabilize, we can look back at VC activity and try to understand what it means for TBED efforts going forward. The VC storyline of 2025 should be familiar to anyone who has been following investment news. Record funding rounds, huge amounts of capital deployed, questions of an AI bubble. Where amongst the big flashy lights of AI mega-deals do we find the subtlety and nuance that informs TBED investor activity and policy?

venture capital
startups

FSGG appropriations language favors innovation programs

Thursday, January 15, 2026

The Financial Services and General Government appropriations bill for FY 2026 passed the House of Representatives yesterday and now moves to the Senate where passage is also expected. The bill sets spending levels for several agencies supporting regional innovation, economic development, and investment. Foremost are the Treasury and Small Business Administration; selected highlights are provided below.

fy26budget
sba
cdfi
higher ed

New benchmarking tool illuminates how AI is accelerating job market changes

Thursday, January 15, 2026

All too often, jobseekers and employers seem to exist in non-compatible realities. While jobseekers flood the job market with descriptions of their generalized skills in communication, leadership, and problem-solving to fill various roles in different sectors, employers are looking for the more specific skills that will get the job done, say the authors of a report from the Wharton School and Accenture. And they propose that AI is accelerating this shift from a role-based economy to a skills-based economy.

AI
jobs
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