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Tech Talkin' Govs 2005, Part Six

Monday, February 21, 2005

The latest in SSTI's annual "Tech Talkin' Govs" series. Five earlier installments of this 2005 review of governors' legislative priorities concerning tech-based economic development are available through the Digest online: http://www.ssti.org/Digest/digest.htm

Michigan

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Will Michigan S&T Emerge Winner in Political Battle?

Monday, February 21, 2005

As the only state to have a net job loss in 2004, Michigan's political leadership recognizes something must change. The state's shifting economy, from one defined principally by its manufacturing sector to one that derives growth equally from knowledge-based industries, is at the center of the matter. Michigan policymakers are challenged to create innovative proposals that preserve one facet of the economy while broadening the other.

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States Finding Innovative Approaches to Stem 'Brain Drain'

Monday, February 21, 2005

A recent proposal by Senate Republicans in Iowa to eliminate the state income tax for residents under the age of thirty has brought the issue of the out-migration of young, educated adults once again to the forefront.

  • Read more about States Finding Innovative Approaches to Stem 'Brain Drain'

New TBED Efforts to Make Ontario Leader in Innovation

Monday, February 21, 2005

To spur job creation in Ontario, the provincial government recently announced two initiatives focusing on innovation and regional economic growth -- the new Fuel Cell Innovation Program and the newly refocused Northern Ontario Heritage Fund Corporation (NOHFC).

  • Read more about New TBED Efforts to Make Ontario Leader in Innovation

Is Public Higher Ed Threatened by Competition and Privatization?

Monday, February 21, 2005

Statewide efforts addressing all of higher education's public purposes are needed to combat the increasing competition and privatization sweeping the nation's public colleges and universities, says a new report from the Futures Project, Correcting Course: How We Can Restore the Ideals of Public Higher Education in a Market-Driven Era.

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Recent Research: Nurturing Creative Cities

Monday, February 21, 2005

Creativity and curiosity are key ingredients for innovation, so it is not too surprising that many communities are looking for ways to increase the creative spirit among their residents and businesses. The how-to of nurturing creativity does not follow a simple recipe for easy replication across the country, but a recent World Bank working paper provides a broad platform of key ingredients.

  • Read more about Recent Research: Nurturing Creative Cities

West Virginia Economic Development Reorganized

Monday, February 21, 2005

West Virginia Gov. Joe Manchin signed last week legislation establishing the Department of Commerce and streamlining the support operations for the state’s economic development efforts. Senate Bill 1002, approved during the recent special session of the West Virginia Legislature, renamed the Bureau of Commerce the Department of Commerce.

  • Read more about West Virginia Economic Development Reorganized

People

Monday, February 21, 2005

Galynn Beer succeeds Johnny Roy as the new chairman of the board of the Oklahoma Center for the Advancement of Science and Technology.

Jeff Brancato has been named Associate Vice President for Economic Development of University of Massachusetts.

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People

Monday, February 21, 2005

Galynn Beer succeeds Johnny Roy as the new chairman of the board of the Oklahoma Center for the Advancement of Science and Technology.

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People

Monday, February 21, 2005

Jeff Brancato has been named Associate Vice President for Economic Development of University of Massachusetts.

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People

Monday, February 21, 2005

Victor Budnick, executive director of Connecticut Innovations, has announced his retirement effective April 1.

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People

Monday, February 21, 2005

Chris Capelli, currently director of the technology transfer office at University of Pittsburgh, is leaving to become vice president for technology transfer at the M.D. Anderson Cancer Center in Houston.

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People

Monday, February 21, 2005

The University of Cincinnati has appointed Anne Chasser to serve as associate vice president for technology transfer and commercialization in the school's Office of Research.

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People

Monday, February 21, 2005

Ladd Christensen and Martin Frey are the new co-directors of the Utah Department of Community and Economic Development.

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People

Monday, February 21, 2005

Oleg Kagonovich has been promoted to the position of CEO of the Sacramento Area Regional Technology Alliance. He formerly served as Chief Operating Officer.

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Useful Stats: SBIR Awards, Proposals by State for FY 2004

Monday, April 25, 2005

The Small Business Administration (SBA) is anticipated to release its latest summary statistics for Small Business Innovation Research (SBIR) awards soon. Unfortunately, the data typically do not include proposal figures, a useful measure of the general effectiveness or need for SBIR technical assistance and outreach in any given state. For several years, the Useful Stats column of the SSTI Weekly Digest has attempted to rectify this omission and FY 2004 is no exception.

  • Read more about Useful Stats: SBIR Awards, Proposals by State for FY 2004

Montana Legislature Passes $60 Million VC Act

Monday, April 18, 2005

Venture capital investments in Montana may have become a little more attractive last Friday as the Montana House of Representatives passed the Montana Equity Capital Investment Act, moving the legislation to Gov. Brian Schweitzer for his consideration and expected signature.

  • Read more about Montana Legislature Passes $60 Million VC Act

New Mexico Adds Tax Credit, Loan Program to TBED Portfolio

Monday, April 18, 2005

Tech firms in New Mexico received happy tax news on April 4 as Gov. BIll Richardson signed several bills to encourage economic growth across New Mexico.

  • Read more about New Mexico Adds Tax Credit, Loan Program to TBED Portfolio

New York Budget Calls for New Oversight of Empire Zones

Monday, April 18, 2005

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.

  • Read more about New York Budget Calls for New Oversight of Empire Zones

Federal R&D Tax Credit to Become Permanent?

Monday, April 18, 2005

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.

  • Read more about Federal R&D Tax Credit to Become Permanent?

Recent Research: Tax Credits Are Good for Companies, But Do They Make Good Policy?

Monday, April 18, 2005

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.

  • Read more about Recent Research: Tax Credits Are Good for Companies, But Do They Make Good Policy?

Useful Stats: State Rankings of GSP Per Capita: 1999-2003

Monday, April 18, 2005

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).

  • Read more about Useful Stats: State Rankings of GSP Per Capita: 1999-2003

Oklahoma Commits $500M for College Improvement

Monday, April 4, 2005

On the final day of March, Gov. Brad Henry signed legislation establishing a $475 million bond issue for a slate of higher education projects, much of which targets research and laboratory facilities. The Oklahoma Higher Education Promise of Excellence Act of 2005, which the governor called "desperately needed," was one of his top legislative priorities for the year (see the Feb. 7, 2005, issue of the Digest).

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Commerce Department to Have New Deputy Secretary

Monday, April 4, 2005

The U.S. Department of Commerce announced Friday that President Bush intends to nominate David Sampson as Deputy Secretary for the agency. If confirmed, Dr. Sampson will succeed Theodore Kassinger, who will resign effective April 30, 2005.

Prior to becoming Deputy Secretary, Mr. Kassinger served as General Counsel from 2001 to 2004. Mr. Kassinger has served as Deputy Secretary since July 2004.

  • Read more about Commerce Department to Have New Deputy Secretary

Technology Indices Measure Vitality of Regional Technology Sectors

Monday, April 4, 2005

Two organizations with seemingly the same goal in mind recently released statistics on the health of their region's technology sectors. Relying on different methods, the Pittsburgh Technology Council (PTC) and the Sacramento Area Regional Technology Alliance (SARTA) both analyze and report the impact of technology clusters on the local economy.

  • Read more about Technology Indices Measure Vitality of Regional Technology Sectors

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