The National Governors’ Association has released the fourth, fifth, and sixth papers in its series on the New Economy. The latest two are touted as providing “a blueprint for replicating the economic successes of high tech meccas like California’s Silicon Valley [and] Route 128 in Massachusetts. All six papers can be downloaded from the NGA web site: http://www.nga.org. The three new papers are described briefly below.
Vice President Gore announced the release of Digital Economy 2000, the Commerce Department's third annual report on the information-technology (IT) revolution and its impact on the economy. The Department found while IT industries only represent 8.3 percent of the U.S. economy, they accounted for approximately 30 percent of the country's economic growth since 1995. Nearly one-third of all company-funded R&D investments in 1998 were made by IT industries.
The Air Force and the National Institutes of Health have published lists of 69 and 3 inventions, respectively, that are available for license. A list of the patents, invention titles, and, in the case of NIH, summary descriptions can be found on the SSTI Website: http://www.ssti.org/Digest/Tables/060900t.htm
We try hard to be objective in the SSTI Weekly Digest and to present information without editorializing. This is one of the rare instances that we will not even attempt to be objective. We have several items involving SSTI to report:
Using a new, proprietary methodology, the Kansas Technology Enterprise Corporation (KTEC) has conducted a cluster assessment, determining KTEC should focus its commercialization efforts on those specific technology areas where opportunity is high and where the elements are in place to delivery those benefits to the state’s economy.
Three bills have been introduced in the U.S. House of Representatives by Representative Vernon Ehlers (R-Michigan) to help reform science, math, engineering, and technology education in grades K-12. These bills, known as the National Science Education Acts of 2000, are designed to re-focus interest and training for those in grades K-12 in all fields of science and technology.
According to a new report by a public-private collaborative project called Ecom-Ohio, Ohio lags many others in the “Net” Economy. The group draws attention to the state’s digital divide among certain population groups and laments slow Internet adoption in small and medium-sized businesses and a lack of public incentives and investment to help correct the situation.
Last week, the U.S. Conference of Mayors and the National Association of Counties released a report documenting the 1999 Gross Metropolitan Product (GMP) for the nation’s 319 largest metro areas. The 44-page report indicates that 95 percent of high tech job creation between 1992 and 1999 took place in metro areas.
Last week, the Michigan Economic Development Corporation (MEDC) announced the findings of Michigan: The High-Technology Automotive State, a new study that demonstrates that the state’s high-tech workforce is dramatically larger than previously reported by national rankings. The MEDC study shows that the American Electronics Association (AEA) uses a narrow definition of high-tech in their annual ranking, Cyberstates 4.0, which was released the next day.
Abstracts for the FY 2000 grant awards for the USDA Small Business Innovation Research Program have been posted on the agency’s website: http://www.reeusda.gov/sbir/ Chris Busch and Jill Kline reported statistics on the distribution of proposals and awards by state in last week’s Wyoming SBIR Initiative Newsletter.
The National Governors' Association has released its third paper in the New Economy Series. Nurturing Entrepreneurial Growth in the New Economy, written by Thom Rubel and Scott Palladino, outlines eleven different approaches states have implemented to encourage entrepreneurship:
The Department of the Navy has published a list of 104 inventions that are owned by the federal government and are available for exclusive or partially exclusive licenses. The list and contact information are available for review on the SSTI web site at: http://www.ssti.org/Digest/Tables/052600t.htm
Sue Rhoades is leaving her role as State Coordinator with Ben Franklin Technology Partners in Pennsylvania to take a position in the private sector. As a result, the Ben Franklin Technology Partners are seeking candidates to fill her position. The posting, as well as several other S&T career opportunities, is available on the SSTI website at: http://www.ssti.org/posting.htm
Two quarterly surveys of venture capital investments were released during the past two weeks. Both report record levels of venture-backed investments for the first quarter of 2000, in spite of the jittery stock market. While the figures vary between the two surveys, both identify the same investment trends. For instance, both surveys found that among the states, Georgia, Illinois, and New York experienced the greatest growth in deals.
After two years of partisan politics and court battles, the Montana legislature last week overwhelmingly passed HB 1, a $46 million, five-year appropriations package to fund several state science, technology, and economic development initiatives. The legislation brings to close a saga that began with a successful court challenge to the funding mechanism for S&T programs.
The National Science Foundation has released two statistical reports that present several science and engineering statistics by state:
The McKnight Foundation has committed $44.5 million over ten years to support scientific research in neuroscience/memory and brain disorders.
On Tuesday, WorldCom and Brown University announced grants for 20 programs in 19 states to link public schools or community organizations with local colleges or universities to develop educational technology projects for youth in underserved areas. The grants were awarded through Making a Civic Investment, a $5-million, five-year program funded by WorldCom and administered by Campus Compact, a national coalition of nearly 700 college and university presidents based at Brown.
Forbes magazine, in conjunction with the Milken Institute, released on Monday its second annual "Best Places for Business and Careers" - a ranking of the top 200 metropolitan areas in the United States. The Forbes-Milken Institute list looks at two critical factors to determine which metro areas are the most dynamic: jobs and earnings, and high-technology growth and output.
The University of Minnesota Duluth Center for Economic Development has named Elaine Hansen as its new permanent director.
The winners of the Siemens Westinghouse/AAAS Competition for the Best Teen Scientists and Mathematicians of the Year were announced this week: 17-year-old Yin Li of New York City was the individual grand prize winner for his project "Characterizing the Prion Properties of a Translational Regulator Expressed in Mouse Brain." Brothers Mark and Jeffrey Scheider, 18 and 16, respectively, of South Windsor, Conn., won the grand prize in the team category for the "Simulation of the West Nile Virus u
Ken Olsen will become the new executive director of the Palouse Economic Development Council in Washington State.
Tom Wallace has stepped down as president of the Tampa Bay Technology Forum.
Two months into the fiscal year and several federal offices of importance to the state and local tech-based economic development community are finally learning how much money they will have available in fiscal year 2004 — once the consolidated appropriations bill is signed by the President in January.
Economic Development Administration (down $2 million from 2003)