New York's Empire Zones Program dodged a veto from Gov. George Pataki as an agreement was met with the legislature to restructure the program. The state budget, signed into law last week, extends the program and allows for an additional 12 zones to be created throughout the state.
Legislation that would extend and expand the federal research tax credit was introduced in the U.S. Senate last month. Senate Bill 627 seeks to make permanent the research credit that was first enacted in 1981 and is set to expire Dec. 31, 2005. The bill, sponsored by Orrin Hatch (R-Utah), also would provide an alternative simplified credit for qualified research expenses and increase the rates of the alternative incremental credit.
Do tax credits pave the way for more investment in R&D and equity investments in new enterprises? Or, do they reward companies and venture capitalists for investments they would have made anyway?
Discussions on these questions can become quite heated and fueled by data supportive of both sides, as two new academic analyses demonstrate.
Gross State Product (GSP) is considered, at least in theory, to be an effective measure of the "value added" by a state's economy. That is, the figure represents the sum of all net industrial activity within the state, where net activity is defined as total outputs (sales or receipts and other operating income, commodity taxes, and inventory change) minus total inputs (consumption of goods and services purchased from other industries or imported).
The National Governors' Association (NGA) released three guides at its annual meeting last week that are designed to help governors to develop technology-based economic development strategies to improve states' global competitiveness.
Minnesota's technology sector remains a diverse, well developed and stable anchor to the state's economy, according to a new report released by Minnesota Technology, Inc. (MTI), Minnesota's tech-based economic development organization.
A new report released by the Leadership Conference on Civil Rights Education Fund and the Benton Foundation concludes that continued federal leadership is essential to increasing technology access, given the significant gaps that remain along economic, racial and geographic lines.
The Joint Minerals, Business and Economic Development Interim Committee of the Wyoming state legislature heard testimony last week encouraging the creation of two new initiatives to expand Wyoming's technology-based economic development efforts: a seed capital program and a technology incubator.
The National Science Foundation (NSF) is establishing three new research institutes that are designed to help strengthen the mathematical sciences as the backbone for U.S. scientific and engineering research. The three centers are expected to receive $24 million over five years. A fourth $9 million award renews for six years the operation of an existing mathematical center that integrates education with research.
Kentucky Governor Paul E. Patton is the new chairman of the National Governors' Association. Idaho Governor Dirk Kempthorne was named vice chairman. Patton has identified education as his highest priority while serving the one-year term as chairman.
Kentucky Governor Paul E. Patton is the new chairman of the National Governors' Association. Idaho Governor Dirk Kempthorne was named vice chairman. Patton has identified education as his highest priority while serving the one-year term as chairman.
Angie Dvorak is leaving her position as CEO of the Mississippi Technology Alliance to become vice president of research for the University of Southern Mississippi. The University saw a 25 percent increase in research funds last fiscal year, climbing to a record $62.6 million.
Joe Raguso has left the California Technology, Trade and Commerce Agency to become vice president for strategic and corporate partnerships for SRI International. Raguso served the agency as Deputy Secretary for the Division of Science, Technology and Innovation.
Keith Servis has left his position as director of programs at the New York Office of Science, Technology, and the Advancement of Research to return to the New York Department of Health.
Thomas Still has been selected at the new president of the Wisconsin Technology Council. Still, currently associate editor of the Wisconsin State Journal, will fill the vacancy created by Larry Kline's departure this past spring.
Patrick Tam started this week as the new executive director of SIRTI, the Spokane Intercollegiate Research and Technology Institute. Tam comes to SIRTI from a Seattle-based international technology transfer company.
Robert Templin, Jr., has been named the new president of Northern Virginia Community College, effective August 17. Templin, currently a senior fellow at the Morino Institute, was a previous president of Virginia' Center for Innovative Technology.
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Plans for a joint five-year $320-$403 million program to accelerate the development of next generation lithography were announced Thursday by International SEMATECH (ISMT) and The University at Albany-SUNY (UAlbany).
This week's Senate Appropriations Committee markup of the FY 2003 appropriations for the Department of Commerce includes $185.4 million is for the Advanced Technology Program (ATP) and $106.6 million for the Manufacturing Extension Partnership (MEP).
The Rural Business-Cooperative Service (RBS) of the U.S. Department of Agriculture will hold a meeting July 31 to get public input for the design and implementation of the new Agricultural Innovation Center Demonstration Program.
A massive state budget deficit, partisan squabbles, and a longstanding need to restructure the state's tax code almost derailed Indiana's largest commitment toward building a technology-based economy.
Last week, Governor Don Siegelman signed Executive Order Number 71, which establishes the Alabama Research Alliance, a partnership among Alabama’s research universities, the business community and state government. The mission of the research alliance is to foster economic development in Alabama by investing in existing and new research initiatives at Alabama’s research universities.
The Georgia Research Alliance (GRA) is facilitating the expansion of VentureLab at the state’s research universities. Piloted at the Georgia Institute of Technology, VentureLab is a strategy for enhancing and accelerating the process of spinning new technology-based enterprises out of university research.
The California Technology, Trade and Commerce Agency (TTCA) has released A County Level Analysis of California's R&D Activity 1993-1999, which, for the first time, offers California state and regional policymakers a county-by-county, instead of statewide or national, analysis of research and development trends.