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Highly Educated Workers Gravitate To, Between New York, Los Angeles and Chicago

Thursday, February 20, 2014

Los Angeles County (CA), New York County (NY) and Cook County (IL) topped the list of places where people older than 25 with graduate or professional degrees moved to between 2007 and 2011, according to the latest data from the U.S. Census Bureau’s County-to-County Migration Flows Tables. Middlesex County (MA) and Fairfax County (VA) also ranked among the top destinations for highly educated transplants. The Census report provides data on domestic migration at the county level, including data on income and educational attainment.

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Chicago, Detroit Win Competition for Newest Manufacturing Hubs

Tuesday, February 25, 2014

The latest Department of Defense-led manufacturing innovation institutes will support cutting-edge research and product development in lightweight and modern metals and digital manufacturing and design. A consortium of 73 companies, nonprofits and universities will help launch the Chicago-based institute. The Detroit-area based consortium involves 60 partners.

  • Read more about Chicago, Detroit Win Competition for Newest Manufacturing Hubs

New Commercialization Efforts Launched by Universities, Industry Partners

Thursday, February 27, 2014

University-focused initiatives that help bring new technologies and products to market help drive regional economic development and encourage an entrepreneurial culture on campuses. SSTI’s latest Trends in TBED report featured a number of commercialization efforts launched in 2013, including university-based funds to support ideas from faculty, staff and alumni. So far, 2014 also has proven active in this area with the announcement of several new initiatives to support university technology startups.

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Presidential Executive Actions Target Patent Trolls, Offer Assistance to Innovators

Thursday, February 27, 2014

In keeping with the commitment made in his State of the Union address to reform the American patent system, President Obama announced a series of executive actions to improve the quality and accessibility of the patenting process. White House officials also reiterated the call for more sweeping changes to the system from Congress and provided an update on the previous series of executive orders related to intellectual property issued in June of last year. At the same time, the U.S.

  • Read more about Presidential Executive Actions Target Patent Trolls, Offer Assistance to Innovators

Useful Stats: Utility and Design Patents by State, 2008-13

Thursday, February 27, 2014

U.S. patents continued their rapid pace of growth in 2013, according to statistics from the U.S. Patent and Trademark Office (USPTO).  USPTO granted 122,593 utility patents last year, a 10 percent increase over the previous year and a 72 percent increase over 2008.

  • Read more about Useful Stats: Utility and Design Patents by State, 2008-13

People On The Move

Thursday, February 27, 2014

John Sider has accepted a position with Pennsylvania State Senator Vincent Hughes and the PA Senate Democratic Caucus to work on economic development policy and projects, effective April 1. Currently, Sider is the managing director of statewide initiatives at Ben Franklin Technology Partners.

Vic Nole has joined the Buffalo Niagara Medical Campus, Inc. as director of business development and entrepreneurial activity.

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Overview of the President's FY15 Federal Budget Request

Monday, March 3, 2014

While President Obama’s FY15 budget request is unlikely to find much support in Congress this year, the document has traditionally served as a useful guide to the administration’s priorities and to federal programs related to research, regional economic development, manufacturing, entrepreneurship and STEM education.

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Highlights from the President's FY15 Department of Commerce Budget Request

Wednesday, March 5, 2014

The president’s FY15 budget request for the Department of Commerce (DOC) totals $8.8 billion in discretionary funding (6.9 percent increase over FY14 enacted), with increased funding for most agencies and programs related to research, technology transfer, advanced manufacturing and regional economic development. The department would play a key role in the administration’s Opportunity, Growth and Security Initiative (OGSI), managing the planned expansion of the National Network of Manufacturing Innovation (NNMI) to include 45 institutes over the next 10 years.

  • Read more about Highlights from the President's FY15 Department of Commerce Budget Request

Highlights from the President's FY15 Department of Energy Budget Request

Wednesday, March 5, 2014

The administration’s FY15 budget request in discretionary funding for the Department of Energy (DOE) is $27.9 billion (1 percent decrease from FY14), of which $12.3 billion would support R&D (8.4 percent increase) and $4.2 billion would support investment in the Department’s applied energy sector programs to drive an “all-of-the-above” approach to energy sector innovation. The proposed budget would provide substantial increases for funding advanced manufacturing and clean energy R&D.

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Highlights from the President's FY15 Department of Defense Budget Request

Wednesday, March 5, 2014

The FY15 budget request for the Department of Defense (DOD) would provide $495.6 billion (0.1 percent decrease) in discretionary base funding. DOD is proposing a strategic rebalance to the Asia-Pacific region as the war in Afghanistan nears an end, while also maintaining a military presence and engagement with allies and partners in the greater Middle East. The budget supports this adjustment and makes strategic investments in areas identified as priorities, such as increasing security challenges and opportunities in cyberspace, continuing to invest in R&D to feed innovation in both the military and civilian sectors, and combating terrorism.

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Highlights from the President's FY15 Department of Education Budget Request

Wednesday, March 5, 2014

The FY15 budget request for the Department of Education (ED) totals $68.6 billion (1.9 percent increase) in total discretionary funding. An overhaul of P-12 STEM education programs and a ConnectED initiative providing next-generation broadband and high-speed wireless network support to students and teachers are among the new proposals.

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Indiana University Network Launched to Diversify Economic Development Efforts

Thursday, November 7, 2013

A new statewide network will coordinate the regional economic development activities of Indiana University, according to an announcement released by the university this week. The Innovate Indiana Network will complement the work done by the Innovate Indiana initiative and the university's Council for Regional Engagement and Economic Development (CREED). The network will include representatives from 16 schools, offices and centers across the state that offer services that could potentially benefit regional economies.

  • Read more about Indiana University Network Launched to Diversify Economic Development Efforts

Creative University Entrepreneurship Initiatives Highlighted in Report

Thursday, November 7, 2013

A recent report from the U.S. Department of Commerce highlights university programs across the country working to facilitate student and faculty entrepreneurship as part of a larger federal effort to improve tech transfer activities and external partnerships. Information was collected from the leaders of 131 research universities to understand what universities are doing programmatically and strategically to nurture innovation, commercialization and entrepreneurship.

  • Read more about Creative University Entrepreneurship Initiatives Highlighted in Report

U.S. Venture Capital Market Harmed by Growing Number of Patent Assertions

Thursday, November 7, 2013

Growth in the number of patent assertions facing startup companies is hampering U.S. venture capital, according to a new survey of venture capitalists (VC) and venture-backed companies from the National Venture Capital Association (NVCA) and Robin Feldman, director of the Institute for Innovation Law at University of California Hastings. Eighty percent of VC respondents note that the number of patent assertions filed against portfolio companies have increased over the past five years, with half indicating these assertions were a major deterrent to investment.

  • Read more about U.S. Venture Capital Market Harmed by Growing Number of Patent Assertions

Voters Reject Research Tax in MO, Approve Higher Ed Bonds in ME

Thursday, November 7, 2013

A measure to increase the sales tax in Jackson County, MO, to fund medical research across Kansas City and St. Louis was rejected by greater than a 5-to-1 ratio, reports the Kansas City Star.

  • Read more about Voters Reject Research Tax in MO, Approve Higher Ed Bonds in ME

Federal Agencies Adopt Open Data Model to Spur Innovation, Entrepreneurship

Thursday, November 14, 2013

This week, the White House Office of Science and Technology Policy (OSTP) released a wide-ranging roundup of new and ongoing efforts to leverage availability of large, accessible data sets to spur innovation. While many of these efforts were focused on supporting research on the potential of big data, several agency efforts are using the model of open data app competitions to fuel private-sector business creation.

  • Read more about Federal Agencies Adopt Open Data Model to Spur Innovation, Entrepreneurship

MA Rolls Out High-Tech Workforce, STEM Education Strategy

Thursday, November 14, 2013

Massachusetts Governor Deval Patrick has made a series of announcements over the past few weeks aimed at improving the high-tech skill set of the state's workers and students. A new STEM strategic plan released yesterday would refine Massachusetts' efforts to expand the pipeline of young, skilled science and technology workers and improve the quality of STEM education.

  • Read more about MA Rolls Out High-Tech Workforce, STEM Education Strategy

Commerce Department Making Skills a Top Priority

Thursday, November 14, 2013

Fresh off a nationwide listening tour and against the backdrop of 1776, a global hub for startups in Washington, D.C., U.S. Secretary of Commerce Penny Pritzker unveiled the department's strategic vision and priorities focused on three key areas: trade, innovation and data. Pritzker said her department will make sure businesses have a strong voice when it comes to strengthening the digital economy by working to protect intellectual property, ensuring robust cybersecurity infrastructure and championing free and open Internet.

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Global Clinton Initiative Announces Pilot Manufacturing Supply Chain Network, Reports look at U.S. Manufacturing

Wednesday, August 28, 2013

The Global Clinton Initiative (GCI) and five partner organizations announced a regional pilot program that will create a manufacturing supply chain network to support small- and midsized-manufacturers in the Hudson Valley region of New York. The goal of the pilot program is to create a scalable model that will ultimately provide a framework for a nationwide supply chain network and grow the country’s manufacturing base.

  • Read more about Global Clinton Initiative Announces Pilot Manufacturing Supply Chain Network, Reports look at U.S. Manufacturing

Cities Fight to Address Lingering Digital Divide

Wednesday, August 28, 2013

A new report from the Pew Internet and American Life Project cites that 20 percent of Americans do not have broadband access, while an additional 10 percent of Americans have broadband access via smartphones. The report suggests that age, educational attainment, and household income continue to be the defining factors for home broadband adoption.

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New APRA-E Program Awards $36M for Electric Vehicle Development

Wednesday, August 28, 2013

Electric vehicles may be gaining momentum.

  • Read more about New APRA-E Program Awards $36M for Electric Vehicle Development

NASA Transition Continues to Spur University, Industry Partnerships

Wednesday, August 28, 2013

The winding down of the space shuttle program in Florida’s Space Coast by the Obama administration in 2010 spurred a transition in NASA’s areas of focus, including an increased emphasis on commercializing technologies and industry partnerships. NASA recently announced several new initiatives with tech firms, universities, and state agencies geared toward investing in cutting-edge research and technology and developing an educated workforce.

  • Read more about NASA Transition Continues to Spur University, Industry Partnerships

Are Metros the Saving Grace for the National Economy?

Wednesday, September 4, 2013

America is moving back to its cities. A majority of people on this planet live in metropolitan areas with one million people moving to cities and metros every five days. In the U.S., the nation’s top 100 metropolitan areas account for two-thirds of the nation’s population and generate 75 percent of national GDP. This is more than a trend, according to Bruce Katz and Jennifer Bradley of the Brookings Institution … this is a revolution.

  • Read more about Are Metros the Saving Grace for the National Economy?

Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

Wednesday, September 4, 2013

Foundations increasingly are tapping into the unique skills of institutions of higher education by partnering with them to support entrepreneurial growth within their surrounding communities. These foundations view institutions of higher education as the ideal partners to provide education and business services necessary for entrepreneurs to reach their potential. Several foundations recently have announced funding to support entrepreneurship development activities at universities including the Ratcliffe Foundation and the Allstate Foundation.

  • Read more about Foundations Commit Funding for Entrepreneurial Development Programs at Nonprofits, Universities

CA Legislature Approves Expansion of iHub Program

Wednesday, September 4, 2013

New legislation passed by the California legislature would expand the state’s Innovation Hub (iHub) program, which supports commercialization and entrepreneurship at a regional level. The program initially was launched in March 2010 through the state’s Business, Transportation and Housing Agency.

  • Read more about CA Legislature Approves Expansion of iHub Program

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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?

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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.

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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.

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