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Three states — Indiana, California and Arkansas — have recently participated in international diplomacy, creating strategic connections and developing agreements to address climate change and trade barriers with the United Kingdom, New Zealand, and Canada. These recent agreements may suggest a shift toward innovation-focused diplomacy at the state level with nations across the globe.

The venture development organizations BioCrossroads, BioSTL, JumpStart, and

Two recent reports reveal U.S. standing in different global innovation spheres. The U.S. performance in advanced industries has been weak over the last two decades compared to other nations, finds a new Information Technology and Innovation Foundation (ITIF) report that calls for an economic “moon shot” initiative to help boost U.S. performance. Meanwhile, new regions are entering the top 10 global startup ecosystems but Silicon Valley remains at the top, according to a recent report from Startup Genome.

In November 2021, the seasonally adjusted quit rate reached a record of 3.0 percent, a significant increase from the previous highest rate of 2.4 percent.

With a $1 billion investment over the next three years, Advanced Research Projects Agency for Health (ARPA-H) will be a standalone agency within the National Institutes of Health (NIH) and is designed to produce quicker research outcomes.

Since the inception of cryptocurrency mining over a decade ago, the state of New York has become a hotspot for the digital coins, encompassing 19.9 percent of the total U.S. hashrate, or the collective computing power of miners. However, concerns over the environmental impacts of, and high electricity demands for, these mining operations have been increasingly thrust into the spotlight.

With the return of congressionally-directed spending — more commonly known as “earmarks” — for the FY 2022 budget, nearly 5,000 projects received more than $9.6 billion in such funding. The return of the earmarks followed a 10-year absence after the practice was banned in 2011. SSTI’s review of the spending data, which was collected by the Bipartisan Policy Center (BPC) from the congressional appropriations committees, showed that projects related to technology-based economic development (TBED) were included in the funding.

Chicago has seen 18 percent growth in its technology ecosystem (i.e. technology occupations in technology industries, non-technology occupations in technology industries, and technology occupations in non-technology industries) in the last decade compared to a 1 percent growth in the overall economy, according to the Chicago Tech Effect report from Chicagoland Chamber of Congress and HR&A Advisors. The report might serve as a model for other areas examining the importance of technology in their region’s economy.

Although Americans perceptions on the economy dipped late last year, their financial well-being increased and hit its highest level since 2013, when the Board of Governors of the Federal Reserve System survey began. The results of the latest wide-ranging survey, reported in the Economic Well-Being of U.S.

Total R&D in the U.S. grew from $666.9 billion in 2019 to an estimated $708 billion in 2020, according to recent data from the National Science Foundation’s National Center for Science and Engineering Statistics (NCSES) examination of R&D performance in the United States over the past two decades. These findings follow additional trends in the report demonstrating the expanding R&D occurring in the U.S.

A new report from the U.S. Community Development Financial Institutions (CDFI) Fund shares performance data from federally certified CDFIs for FY 2020.

With the end of the current fiscal year just three months away, the House Committee on Appropriations is set to finish marking up all of its FY 2023 funding bills by the end of this week. Similar to last year. the committee’s actions come before Congress has agreed to an overall spending level. Due to the potential for substantial changes when the final FY 2023 budget is passed, this article only covers specific funding levels that are a high priority for the tech-based economic development (TBED) field.

Two recent studies explored public perceptions of science and technology and higher education in the United States. The first study from the NSF National Science Board explores public perceptions and awareness of science and technology among American adults, and a separate report from New America analyzes attitudes on higher education, with a particular interest in the transition to online instruction in response to the COVID-19 pandemic.

The National Student Clearinghouse Research Center recently released the third report in its Some College, No Credentials (SCNC) series investigating the educational trajectory of U.S. adults who have left postsecondary education without receiving any credentials. This report addresses concerns about low student success rates across the nation and intends to identify opportunities where SCNC students can be encouraged to continue postsecondary programs and earn credentials.

The U.S. Department of the Treasury announced today that five states — Hawaii, Kansas, Maryland, Michigan and West Virginia — have had their State Small Business Credit Initiative (SSBCI) capital programs approved by the agency.

Massachusetts Gov. Charlie Baker and Lt. Gov.

After declines in 2016 and 2017, the number of graduate students and postdoctoral appointees at the nation’s institutions of higher education increased nationally from 2018 to 2020, according to National Science Foundation (NSF) data from its Graduate Students and Postdoctorates in Science and Engineering (GSS) survey. However, this SSTI analysis shows considerable variation among the states over the five-year period from 2016 to 2020.

Today, the U.S. Department of Commerce announced the appointment of 32 members to the National Advisory Council on Innovation & Entrepreneurship (NACIE). Individuals chosen from a pool of more than 260 nominees will be charged with helping to identify and recommend solutions to drive the innovation economy.

Connecticut Gov. Ned Lamont launched the Community Investment Fund 2030 (CIF), a five-year grant program of up to $875 million to foster economic development in historically underserved communities across Connecticut.

From 2005 to 2008, the clean technology industry experienced a venture capital boom where the share of total VC investments in clean energy technologies tripled before falling dramatically. Many studies have concluded that the boom and bust in cleantech as an equity investment focus was because clean energy does not fit the venture capital “model.” A recent study from the National Bureau of Economic Research explores other possible reasons for the failure of venture capital to remain interested in clean energy.

A recent National Science Board’s Science and Engineering Indicators report on the knowledge- and technology-intensive (KTI) industries analyzed production, trade and enabling technologies of KTI industries and found that KTI industries contributed 11 percent to both U.S. GDP ($2.3 trillion) and global GDP ($9.2 trillion) in 2019. Even though overall U.S.

New modeling techniques and detailed data helped identify locations across the country with the highest potential for distributed wind energy of all forms. The study, which also modeled opportunities for distributed wind in disadvantaged communities and was funded by the U.S. Department of Energy’s Wind Energy Technologies Office, could help communities transition to a clean energy future. Distributed wind energy refers to wind technologies deployed as distributed energy resources.

Between March and April of 2020, the United States saw a massive drop in employment due to the COVID-19 pandemic: from approximately 151 million employees to fewer than 131 million. More than two years since the beginning of the pandemic, surveys suggest a near-complete recovery to pre-pandemic employment levels. Data from the U.S. Bureau of Labor Statistics (BLS) through March 2022 (the most recent final data published by BLS) reveal an average decrease of just 1 percent in employment across the country as whole since February 2020. While the U.S.

Moving away from four-year degree programs and toward apprenticeships is one of the recommendations to help ease the workforce shortage experience in the life sciences industry. This and other recommendations are part of a recently released report from the Massachusetts Biotechnology Council, also known as MassBio, on workforce trends in the life sciences industry in Massachusetts.

Even employing a “conservative estimate of spillover jobs”, the Progressive Policy Institute’s updated report on employment related to the App Economy works out to just over one job per published application. Total January 2022 employment reported in PPI’s U.S. App Economy Update, 2022, was estimated at 2.564 million jobs. While up 1.7 percent from the August 2020 update, the figure is only nominally higher than the cited 2.1 million apps launched in 2021 alone.