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GAO Report Highlights Economic Performance Measure

Monday, July 18, 2005

The quality of the economic performance assessment of federal programs has improved, but gaps still remain in the application of the measures used, according to the latest report by the U.S. Government Accountability Office (GAO).

  • Read more about GAO Report Highlights Economic Performance Measure

EPI Book Explores Discrepancies in Business Indices

Monday, July 18, 2005

A new resource published by the Economic Policy Institute (EPI) argues that indices claiming to measure the same thing - namely, the capacity or potential for economic growth - often vary widely in their results and are not effective yardsticks of economic potential.

  • Read more about EPI Book Explores Discrepancies in Business Indices

S&T to Play Critical Role for Homeland Security Department

Friday, December 13, 2002

Participants of the Federal Biodefense Research FY 2003 Conference recently held in Washington D.C. were given the opportunity to see how the new Department of Homeland Security (DHS) will work. With its passage in November 2002 by congressional legislation, the Homeland Security Act that created DHS initiated the largest reorganization of the federal government since the 1950s. Now, several agencies and departments will be affected by DHS, and each figures to have an important role in the biodefense arena.

  • Read more about S&T to Play Critical Role for Homeland Security Department

People

Friday, December 13, 2002

Doug Rothwell, President and CEO of Michigan Economic Development Corp. until the end of Gov. Engler's administration in January, has accepted the position of executive director for worldwide real estate at General Motors Corp.

  • Read more about People

People

Friday, December 13, 2002

Pennsylvania Governor Mark Schweiker has been named President and CEO of the Greater Philadelphia Chamber of Commerce. The Governor will assume his new position on Feb. 1.

  • Read more about People

Governor's Economic Development Plan to 'Energize Indiana'

Friday, December 13, 2002

Indiana Governor Frank O'Bannon unveiled a plan earlier this week to "Energize Indiana" that relies heavily on tech-based economic development.  Gov.

  • Read more about Governor's Economic Development Plan to 'Energize Indiana'

Maryland Governor-elect Forms Commission to Promote Tech Business

Friday, December 13, 2002

Gov.-elect Robert Ehrlich has officially put forth his first economic development initiative for Maryland, according to recent press reports. His initiative, the creation of the Commission on Development of High Technology Business, is designed to encourage more technology business in the state.

  • Read more about Maryland Governor-elect Forms Commission to Promote Tech Business

OCKED Charts Course for Making Oregon Economy More Competitive

Friday, December 13, 2002

The Oregon Council on Knowledge and Economic Development (OCKED) is set to present its official report to the governor and the 2003 State Legislature. Outlining several key economic development policy and funding recommendations, the council addresses several short-term and long-term strategies for enhancing Oregon’s economic competitiveness in a knowledge-based global economy.

  • Read more about OCKED Charts Course for Making Oregon Economy More Competitive

Massachusetts' High Tech Sector Hit Hard by Recession, Report Shows

Friday, December 13, 2002

Massachusetts' high tech economy was hammered by the economic equivalent of a nor’easter throughout much of 2002, according to a report released by the Massachusetts Technology Collaborative (MTC). The Index of the Massachusetts Innovation Economy tracks nine industry clusters and 30 economic indicators and documents the declines experienced in the Massachusetts Innovation Economy, which is responsible for one quarter of all jobs in the state.

  • Read more about Massachusetts' High Tech Sector Hit Hard by Recession, Report Shows

Strategic Plan Puts Harford County on 'Road Map' to Tech-based ED

Friday, December 13, 2002

A strategy to make Maryland's Harford County a competitive jurisdiction for attracting and expanding technology ventures has been unveiled by the Northeastern Maryland Technology Council (NMTC). Offering an analysis of the county's technology resources and assets, the Harford County Strategic Plan is expected to serve as a "road map" to help guide policy efforts for the next 5-15 years.

  • Read more about Strategic Plan Puts Harford County on 'Road Map' to Tech-based ED

Reports Address Distressed Communities and the Digital Divide

Friday, December 13, 2002

The Digital Divide may be an oft-discussed topic in today’s economic development world, but questions still remain on how to reduce the phenomenon. Two recently released reports offer possible solutions as to how distressed communities might overcome the Digital Divide.

  • Read more about Reports Address Distressed Communities and the Digital Divide

S&T Positions Available at U.S. DoC and Columbus Tech Council

Friday, December 13, 2002

Complete job descriptions for both S&T positions listed below are available at http://www.ssti.org/posting.htm.

  • Read more about S&T Positions Available at U.S. DoC and Columbus Tech Council

People

Friday, December 13, 2002

Kevin Dorn has been named secretary of the Vermont Agency of Commerce and Community Development by Gov.-elect Jim Douglas.

Kevin Harter is leaving his position as president of the Central Pennsylvania Technology Council to become senior vice president of the new Life Sciences Greenhouse of Central Pennsylvania.

  • Read more about People

People

Friday, December 13, 2002

Kevin Dorn has been named secretary of the Vermont Agency of Commerce and Community Development by Gov.-elect Jim Douglas.

  • Read more about People

People

Friday, December 13, 2002

Kevin Harter is leaving his position as president of the Central Pennsylvania Technology Council to become senior vice president of the new Life Sciences Greenhouse of Central Pennsylvania.

  • Read more about People

2003 S&T Calendar Filling Up

Friday, December 6, 2002

Although only a few events remain for 2002, SSTI's web calendar of S&T items has brief descriptions and contact links for more than 120 regional or national conferences, meetings and workshops planned for 2003.

  • Read more about 2003 S&T Calendar Filling Up

People

Friday, December 6, 2002

At the University of New Mexico, Avi Shama has been named Special Advisor to the President on Economic Development. The new position will encourage, coordinate and promote economic development activities of various UNM units.

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People

Friday, December 6, 2002

Jack Spencer is the new president of the Georgia Biomedical Partnership.

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People

Friday, December 6, 2002

Senator Ron Wyden (D-OR) is joining Sen. Bill Frist (R-TN) as co-chair of the monthly Congressional Forum on Technology and Innovation.

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Ugly Fiscal Crisis for States Getting Uglier

Friday, December 6, 2002

The need for the creation of high-wage jobs through tech-based economic development continues to grow at a time when many states are finding it increasingly difficult to make the necessary investments to be true players in a knowledge-based economy.

  • Read more about Ugly Fiscal Crisis for States Getting Uglier

North Dakota Governor's Budget to Focus on 'Smart Growth'

Friday, December 6, 2002

To build the state’s economy and create opportunity, North Dakota Governor John Hoeven is launching Smart Growth, a host of programs linking education, job creation and career development to build the state’s economy and communities. The Governor announced his plan with release of the 2003-2005 executive budget.

Smart Growth includes funding for these initiatives:

  • Read more about North Dakota Governor's Budget to Focus on 'Smart Growth'

Useful Stats: Defining High Tech Employment

Friday, December 6, 2002

What constitutes high tech employment? Through aggressive marketing of its annual reports, the AEA, formerly known as the American Electronic Association, has captured most of the media's attention around the country. While a very good report, AEA's Cyberstates only reports employment in its member industries, which represents just one-third of the nation's industrial R&D.

  • Read more about Useful Stats: Defining High Tech Employment

New Strategy Outlines Future for Arizona Bioscience

Friday, December 6, 2002

A new biotech report funded by a private foundation finds Arizona possesses many of the essential elements needed to become a national leader in the biosciences. Now, all the state needs is at least 10 years and a $1.4 billion public-private investment, according to the report Platform for Progress: Arizona's Bioscience Roadmap.

  • Read more about New Strategy Outlines Future for Arizona Bioscience

Hawaii's HTDC Launches New Tech Portal

Friday, December 6, 2002

Earlier this week, the High Technology Development Corporation (HTDC) launched HiTechHawaii.com, the state's newest and most comprehensive high technology web portal.

  • Read more about Hawaii's HTDC Launches New Tech Portal

OTDC Seeks President and Chief Executive Officer

Friday, December 6, 2002

The Oklahoma Technology Development Corporation (OTDC), a private, not-for-profit corporation dedicated to the creation and expansion of high-technology businesses in Oklahoma, is seeking a President and Chief Executive Officer.

  • Read more about OTDC Seeks President and Chief Executive Officer

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
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SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
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New federal rules, both proposed and finalized, will impact small businesses

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