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Rhode Island Gov. Donald Carcieri promoted Saul Kaplan to serve as the new director of the Rhode Island Economic Development Corp. Kaplan replaces three-year veteran Michael McMahon, who left to launch a new equity firm.

Keith Ridley was named manager of the Tennessee Valley Authority's (TVA) Valley Business Ventures, a new division created to increase jobs and capital investment in high-growth industries and in companies owned by women and minorities in the TVA region.

Just four months into the job, In-Q-Tel's CEO, Amit Yoran, resigned for personal reasons. In-Q-Tel is the venture capital arm of the Central Intelligence Agency.

The declining value of the U.S. dollar and other business cost considerations are giving the U.S. a favorable cost advantage compared to other industrialized nations in Europe, Japan and Australia, according to a new biennial report from KPMG. The 2008 Edition of KPMG’s Competitive Alternatives collects data over a range of industries, such as precision manufacturing and biomedical R&D, to compare 136 metro areas in 10 countries.

John Austin is the newly appointed executive director of the New Economy Initiative for Southeast Michigan.

Tom Cech announced he will return to the University of Colorado at Boulder next year to pursue laboratory research and teaching after eight years as president of the Howard Hughes Medical Institute.

Carolina Cruz is the first director of the Louisiana Immersive Technologies Enterprise, a $20 million research facility developed jointly by the University of Louisiana at Lafayette and the Louisiana Economic Development Authority.

Carolina Cruz is the first director of the Louisiana Immersive Technologies Enterprise, a $20 million research facility developed jointly by the University of Louisiana at Lafayette and the Louisiana Economic Development Authority.

Past SSTI conference sponsor ANGLE Technology Group named Mark DeSantis to serve as managing director of consulting and management and Lisa Smith to become vice president of marketing.

Lenzie Harcum, former program director at the University of North Carolina SBTDC, is now assistant vice president of biosciences at the NYC Economic Development Corporation.

After seven months on the job, Connecticut Innovations President and CEO Chandler Howard is leaving to pursue an opportunity to establish a community bank in New Haven.

South Dakota Gov. Mike Rounds selected Richard Benda as the new Secretary for the Department of Tourism and State Development.

Bob Dayton was named president of the Delaware BioScience Association.

South Dakota Gov. Mike Rounds selected Richard Benda as the new Secretary for the Department of Tourism and State Development.

Bob Dayton was named president of the Delaware BioScience Association.

Effective in May, Ken Janoski will be the president and CEO of BioGenerator, a nonprofit in St. Louis that helps scientists commercialize their discoveries.

Medical Alley and MNBIO, two organizations that merged in 2005 to promote medical sciences in Minnesota, have changed their name LifeScience Alley.

The Maryland Department of Business and Economic Development appointed Christine Plater as its new director of small business programs.

The South Dakota Biotech Industry Association, a new resource for biotech companies in the state, has formed.

Regional and industry cries of a highly skilled worker shortage, particularly for scientists and engineers appear well grounded based on a recent InfoBrief from the National Science Foundation (NSF). The Foundation reports in 2006, the unemployment rate for scientists and engineers in the U.S. fell to 2.5 percent. Decreasing from 3.2 percent in 2003, the figure is the lowest unemployment rate measured since the early 1990s using the Scientists and Engineers Statistical Data System, NSF reports.
 

This week's issue of Southern Compass, the electronic newsletter published by the Southern Growth Policies Board, suggested its readers check out the March 27, 2008, edition of Education Week, which is dedicated to examining what states are doing to improve science, technology, engineering and math education (STEM). STEM education is considered one of the highest priorities by many groups for the U.S. to maintain its global leadership in innovation and competitiveness.

Lexington, Ky., Mayor Jim Newberry announced last week a college scholarship plan targeting students pursing degrees in science, technology, engineering and math (STEM) fields as a means to transform the local economy into a globally competitive community by investing in the city’s youth.
 

A growing number of academic researchers and TBED practitioners are taking interest in the emerging subject of open innovation. Like all new concepts and business practices, open innovation is not well understood by broader audiences and under-researched in the academic community. Tobias Fredberg, Maria Elmquist and Susanne Ollila from Chamlers University of Technology in Sweden attempt to address both needs in a recent paper, Managing Open Innovation – Present Findings and Future Directions.

The secret is out – and it’s fairly simple. All you need is an outstanding TBED initiative with proven success that stands out among the crowd.
 
SSTI often receives news and updates on programs that are improving our nation’s competitiveness through science, technology and innovation. Now, we are calling upon the TBED community to share these success stories – and we’ll reward you for your efforts. All you have to do is put it in writing, and we promise it will be well worth your time. As an award winner, you will:

The Beaver County (Pa.) CO-OP announced it will change its name to StartingGate. The incubator will continue to assist entrepreneurs and new business start-ups and help expand existing businesses.

Joe Dedman was chosen as the first executive director of the Southeast Indiana WIRED.

Brian DuBoff was named the director of Maryland's southern region Small Business Development Center, which is hosted by the College of Southern Maryland.

The advances being made in nanotechnology-based research are likely to impact most industry sectors eventually as more commercial applications are identified. As a result, the National Nanotechnology Initiative has been a research priority for the federal government for many years. Nanotech research is occurring around the world, but, at this point, the majority of effort is concentrated in several leading universities and private companies.

Using statistics from the National Science Foundation’s report Science & Engineering Indicators 2006, SSTI has prepared a table presenting 2003 state rankings for industrial R&D intensity - the ratio of industry R&D to gross state product (GSP).