The business incubation industry has grown dramatically since 1998, both in the number of programs in operation and the depth and breadth of services they offer, according to 2002 State of the Business Incubation Industry, a recent report by the National Business Incubation Association (NBIA).
Corporate, community and independent foundations can be significant sources of funding for local and regional technology-based economic development initiatives. Unfortunately, the first look at growth and giving estimates for 2002 and 2003, suggests foundations may be less charitable than previous years to new and existing grantees.
A recent study released by the AeA reported a decline of 560,000 high-tech jobs in the U.S. over the period from January 2001 to December 2002. However, AeA’s Tech Employment Update may not show the true magnitude of the decrease in high-tech jobs, as the AeA definition of high-tech excludes many industrial sectors with significant R&D investments.
Two of SSTI's sister organizations for promoting technology-based economic development (TBED) had items of potential interest to the readers of the SSTI Weekly Digest in their e-newsletters this week. The highlights below include links for more information.
The Institute for Government Innovations has announced it is accepting applications for the 17th Annual Innovations in American Government Awards, ultimately to identify outstanding examples of creative problem solving in the public sector.
The Ontario Ministry of Enterprise, Opportunity and Innovation has launched a two-phase, $30 million program intended to accelerate the development of Ontario's biotechnology cluster. The Biotechnology Cluster Innovation Program (BCIP) will support biotechnology infrastructure projects that will help create new companies.
Most practitioners who have been in the tech-based economic development field long enough know the presence of a strong research university can make the job much easier. New innovations and technologies to commercialize through licensing and spinoff companies, research facilities and experts to partner with local companies, and a constant supply of fresh graduates for the workforce are just a few of the benefits a research institution can offer the local and regional economy.
The National Center for Small Communities (NCSC) is offering a new toolkit to help small communities establish more competitive positions in the knowledge economy through aggressive information technology adoption strategies.
Factors such as globalization, trade liberalization and consumer preferences have changed the way agricultural research is conducted, and advances in biotechnology and genomics, ecosystem science and social science have altered the overall agricultural landscape. However, the United States' leading agricultural research service is not quite ready to adapt to this changing environment with its traditional organizational structure, states a new report published by the National Academies.
A technically-skilled workforce is one of the elements required for a tech-based economy, so the issue of stopping the brain drain is of critical importance to some regions and states. The choice for some states, it has been observed, is to turn into retirement homes or to retain their college graduates; in short, to avoid losing their minds. Maine, Ohio, and Pennsylvania are just a few of the states that have been looking at the issue.
A recent study by the Council for Education Policy, Research and Improvement finds that State University System Centers and Institutes (C&Is) in Florida are cost-effective and creative settings for scientific discovery, technological innovation, policy development, teaching and instruction and public outreach activities.
Correction: In last week's People column, Tom Walker's new title was incorrect. Mr Walker is executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
Richard Greene, director of the Arlington Technology Incubator and former mayor of Arlington Texas, has been appointed regional administrator of the U.S. EPA.
Correction: In last week's People column, Tom Walker's new title was incorrect. Mr Walker is executive vice president and chief operating officer of the Oklahoma Technology Commercialization Center.
Richard Greene, director of the Arlington Technology Incubator and former mayor of Arlington Texas, has been appointed regional administrator of the U.S. EPA.
Doris Freedman has announced she is leaving the National Commission on Entrepreneurship effective March 31.
Colorado Governor Bill Owens has appointed Paul Ray as the state's first director of biosciences.
Peter Slate will preside as chief executive officer over the Arizona Technology Enterprises, the newly created limited liability company formed by spinning off Arizona State University's technology transfer office.
U.S. Senator Olympia J. Snowe (R-Maine), Chair of the Senate Committee on Small Business and Entrepreneurship, has called on the Senate’s top appropriators to help reverse budget elimination of two key programs designed to strengthen the technological competitiveness of small businesses.
A bi-partisan group of Senators have cosponsored the "New Homestead Economic Opportunity Act" to help renew the promise of the original Homestead Act to attract new residents and businesses to rural areas suffering from high out-migration. Introduced by Senator Bryon Dorgan (D-ND) and Chuck Hagel (R-NE) this week, the bill provides incentive tools including a $3 billion venture capital fund.
The United States Patent and Trademark Office has posted a preliminary list of the 10 U.S. universities receiving the most patents for inventions during calendar year 2002. The University of California tops the list for the ninth consecutive year. The table below also presents the school's 2001 ranking and total.
Wrapping up its 2003 session earlier this month, the West Virginia State Legislature passed three bills designed to help build a technology-based economy.
Earlier this week, Colorado Chief Technology Officer John Hansen released a statewide plan to develop biotechnology and life sciences industry sectors in Colorado. Colorado's Place in the Sun: A Bioscience Future provides analysis, direction and recommended actions for three key sector areas — workforce development, business development, and research development.
Conventional wisdom in the technology-based economic development community is that increased access to risk capital is critical for building competitive economies. Establishing a causal relationship between early-stage capital and employment growth external to the companies receiving the funds has been difficult, however.
Conventional wisdom in the technology-based economic development community is that increased access to risk capital is critical for building competitive economies. Establishing a causal relationship between early-stage capital and employment growth external to the companies receiving the funds has been difficult, however.
The Southern Growth Policies Board has released a toolkit to help communities understand the knowledge economy and how new economic forces affect quality of life and economic development. Seeing the Future: The Knowledge Economy seeks to inform people about the knowledge, skills and resources needed to compete in today’s economy.