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NGA offers roadmap for state leaders to build a resilient workforce

Thursday, July 30, 2020

After more than a year of research and facing greater disruption to the workforce than imagined at the outset, the National Governors Association (NGA) has released a guide for governors and state policymakers to help build a technologically resilient workforce.

After more than a year of research and facing greater disruption to the workforce than imagined at the outset, the National Governors Association (NGA) has released a guide for governors and state policymakers to help build a technologically resilient workforce. Written before the COVID-19 outbreak, the authors of the report attest that trends previously identified will only accelerate, and thus there is even greater urgency for policy transformations that should be implemented as part of a system wide, resilient education and workforce development agenda.

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Cities failing non-college workers

Thursday, July 30, 2020

Non-college workers who long found refuge and economic mobility in thriving cities have seen those opportunities diminish and in turn have moved out of the areas. Although cities remain vibrant for workers with advanced degrees, “the urban skills and earnings escalator for non-college workers has lost its ability to lift workers up the income ladder,” finds David Autor in his recent research brief.

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House probes role of innovation in clean energy

Thursday, July 30, 2020

A recent hearing by the House science committee provided several experts, including Lee Cheatham from SSTI-member Pacific Northwest National Laboratory, an opportunity to discuss the importance of science and innovation to achieving a “clean energy future.” Comments by the panelists largely focused on the value of public-private partnerships, such as those modeled through SBIR/STTR, prize competitions, and joint research at national labs, to develo

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Must read: The economic impact of access to higher ed

Thursday, July 23, 2020

At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al.

At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al. show through an examination of the University System of Georgia that access to public higher education leads to “substantial economic benefits for the marginal student,” and that the state roughly breaks even on its initial investment after 10 years. Although other studies have provided descriptive evidence that identify colleges as catalysts for economic mobility, the authors looked for causal evidence of the linkage and employ a novel approach through credit bureau data.

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Experts examine challenges facing research universities

Thursday, July 23, 2020

In an hours-long virtual workshop that could have covered days, the presidents of the National Academies of Sciences, Engineering, and Medicine and leaders from government, academia, and publishing explored key questions the research enterprise must address to build a more effective and resilient 21st century research university. Facing challenges that may have long been present but have been exacerbated and accelerated by the COVID-19 crisis, the leaders began exploring questions that could help research universities rebound to a better place than the pre-pandemic status quo.

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Exactly 21 years after first Digest story, GAO and FCC still talking about digital divide

Thursday, July 23, 2020

Exactly 21 years after the SSTI Weekly Digest ran its first story on the digital divide, a recent report by the Government Accountability Office confirms what inestimable studies before it have reported: access to broadband has expanded, but significant shortcomings in broadband still exist.

Exactly 21 years after the SSTI Weekly Digest ran its first story on the digital divide, a recent report by the Government Accountability Office confirms what inestimable studies before it have reported: access to broadband has expanded, but significant shortcomings in broadband still exist. Meanwhile, the Federal Communications Commission has issued new rules to improve collection and mapping of broadband availability. The commission is also seeking comments on proposals to ensure the accuracy of the new broadband coverage maps.

  • Read more about Exactly 21 years after first Digest story, GAO and FCC still talking about digital divide

New research provides empirical support for relationship building to encourage innovation economies

Thursday, July 23, 2020

As discussion of innovation ecosystems remains near the front of science, technology, and innovation policy discussions — and resources are spent providing environments for creative exchange between researchers, industry, government, and entrepreneurs — substantive and empirical research is still lagging. However, a recent study sheds new light on the mechanisms and types of interactions that may contribute to the desired outcomes of promoting innovation ecosystems.

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Innovation impacts of nation’s colleges and universities examined

Thursday, July 23, 2020

A new report released by the George W. Bush Institute has measured the impact that innovation research at U.S. universities and research institutions has had on the country’s economic development. The report, The Innovation Impact of U.S. Universities: Rankings and Policy Conclusions, examines and ranks institutions on four primary impact categories: commercialization, entrepreneurship, research, and teaching.

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Accelerators help improve efficiency of startup capital

Thursday, August 9, 2018

Over the last decade, accelerators have spread from a Silicon Valley phenomenon to communities across the country. Questions, however, remain on their impact on startups and whether they aid in creating a strong startup ecosystem. In How Do Accelerators Impact High-Technology Ventures?, Sandy Yu from UC-Berkeley found that the accelerator process helps resolve uncertainty around company quality sooner than what is experienced by non-accelerator companies.

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House committee creates plan for net zero emissions

Thursday, July 16, 2020

The majority staff of the House Select Committee on the Climate Crisis released a “roadmap” this week for the U.S. to achieve net zero emissions by 2050 and net negative emissions through the rest of the century. The plan says these climate goals can be achieved while growing the economy and improving public health.

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Useful Stats: Science and engineering degrees by state

Wednesday, July 15, 2020

The total number of science and engineering (S&E) degrees awarded grew from 520,474 in 2000 to 955,401 in 2018, an increase of 83 percent, according to National Science Foundation (NSF) data. The portion of S&E degrees awarded compared to all degrees has increased as well, from a 2000 average of 31 percent of all degrees awarded to an average of 34 percent in 2018. S&E degrees includes bachelors, masters and doctoral degrees in areas such as life sciences, physical sciences and engineering.

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States address workforce issues pushed to forefront by pandemic

Wednesday, July 15, 2020

Faced with the sudden, unprecedented fallout from the COVID-19 pandemic, Gov. Ned Lamont last month launched a new resource to provide workers and businesses in Connecticut with career tools, including partnering with Indeed and workforce training providers.

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Manufacturing, innovation focus of many state career and technical education plans

Wednesday, July 15, 2020

The final wave of state career and technical education (CTE) plans have been approved under the new Perkins V Act, with innovation and workforce taking a front seat in the plans. Perkins V encourages states and territories to expand opportunities for every student to access educational opportunities that will put them on the path to success.

  • Read more about Manufacturing, innovation focus of many state career and technical education plans

$194.7 million grant boosts U of A research, creates new institute

Wednesday, July 15, 2020

The Walton Family Charitable Support Foundation is making a $194.7 million grant to advance research and economic development at the University of Arkansas and will allow a new research institute to become reality. The grant is expected to grow the university’s cross-disciplinary research capability, expand the scope of discoveries made by U of A researchers and increase the speed in transferring such discoveries to the marketplace.

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APLU report focuses on bolstering diversity in STEM faculty

Thursday, July 9, 2020

Just 10 percent of STEM faculty at four-year institutions are from underrepresented backgrounds, according to a new report by the Association of Public and Land-Grant Universities.

  • Read more about APLU report focuses on bolstering diversity in STEM faculty

Lighter regulation would allow banks to return as LPs

Thursday, July 9, 2020

Banking regulators recently announced new rules, effective in October, that will allow banks to invest in venture capital funds. These arrangements had been barred by the “Volcker Rule,” which was put in place after over-leveraged banks caused a global financial crisis in 2008. A statement by the National Venture Capital Association praised the change and predicted a “significant impact on entrepreneurial capital formation … particularly in emerging ecosystems.”

  • Read more about Lighter regulation would allow banks to return as LPs

COVID-19 magnifying economic inequality

Thursday, July 9, 2020

COVID-19 is not just wreaking havoc across the national and global economies but is specifically causing that damage in a way that widens the existing fault lines between the “haves” and “have-nots.” Further, as countries and companies contemplate the possibility of managing operations alongside the new coronavirus, rather than an entirely “post-COVID” society, there is little reason to believe the worsening economic inequality will mend without specific intervention. The problem will not be easy to solve.

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New coalition aims to build workforce, improve racial equality in manufacturing

Thursday, July 9, 2020

A new coalition funded by the Lumina Foundation and driven by manufacturing experts from across the country has formed to help solve the recruitment challenge and build a more racially inclusive future for manufacturing. The Urban Manufacturing Alliance teamed up with The Century Foundation to launch Industry and Inclusion 4.0.

  • Read more about New coalition aims to build workforce, improve racial equality in manufacturing

Maine voters to decide $15M bond issue for broadband funding

Thursday, July 9, 2020

Voters in Maine will consider a high-speed internet infrastructure bond issue on the July 14 ballot. The legislatively-referred measure would authorize $15 million in general obligation bonds for the Connect ME Authority to provide funding for high-speed internet infrastructure in unserved and underserved areas. The bond revenue would be used to match an estimated $30 million in federal, private, local and other funds.

  • Read more about Maine voters to decide $15M bond issue for broadband funding

PCAST recommends bold actions to ensure American leadership in industries of the future

Thursday, July 9, 2020

The President’s Council of Advisors on Science and Technology (PCAST) is recommending a set of bold actions to help ensure continued American leadership in Industries of the Future (IotF), comprising artificial intelligence (AI), quantum information science (QIS), advanced manufacturing, advanced communications, and biotechnology.

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Foundation commits $50 million to helping Tulsa become a tech hub

Thursday, June 25, 2020

Tulsa Innovation Labs has received a $50 million commitment from the George Kaiser Family Foundation to help develop the city of Tulsa as a technology hub. The funds will go towards assisting the new organization to support local talent, startups and academic innovation.

  • Read more about Foundation commits $50 million to helping Tulsa become a tech hub

Opportunity Zone incentives yield mixed results

Thursday, June 25, 2020

A new report by the Urban Institute indicates that the Opportunity Zone (OZ) tax incentive program has had varied success throughout the country. An Early Assessment of Opportunity Zones for Equitable Development Projects assesses the effects that OZs have had within low-income communities while also reviewing the types of developments that have benefited most from the incentive.

  • Read more about Opportunity Zone incentives yield mixed results

Clearer picture emerges of pandemic’s toll on small businesses, nonprofits

Thursday, June 25, 2020

The longer the pandemic lasts, the greater the jeopardy to many small businesses. A recent report from McKinsey & Company finds that the sectors most affected by the coronavirus and the least financially resilient include 1.7 million small businesses, employ 20 million workers, and earn 12 percent of U.S. business revenue.

  • Read more about Clearer picture emerges of pandemic’s toll on small businesses, nonprofits

Census Bureau releases summary statistics on U.S. manufacturing in 2018

Thursday, June 25, 2020

This week’s release of the Annual Survey of Manufacturers (ASM) from the Census Bureau provides the most detailed statistics on the U.S. manufacturing sector and provides a snapshot of where the sector stood prior to the pandemic. Based on the 2018 summary statistics, the Census Bureau offers the following preliminary insights which can also be seen in the image below.

  • Read more about Census Bureau releases summary statistics on U.S. manufacturing in 2018

Recent Research: North Carolina’s SBIR/STTR matching program yields results

Thursday, June 25, 2020

Since 2005, the One North Carolina Small Business Program has made 423 SBIR/STTR matching awards worth nearly $26 million to more than 250 businesses throughout the state. A new assessment, which updates an earlier report, provides academic rigor to a standard program review. The results indicate that even beyond survey-based attestations to the program’s value, there is a statistically-significant impact of North Carolina’s funding for the competitiveness of recipients.

  • Read more about Recent Research: North Carolina’s SBIR/STTR matching program yields results

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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?

venture capital
startups

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.

fy26budget
sba
cdfi
higher ed

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.

AI
jobs
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