Search

Is Pennsylvania getting enough bang -- or the right bang -- from its investments in promoting a tech-based economy? The state has been one of the nation's leading public investors in technology-based economic development (TBED) for more than 20 years. Programs have evolved and been added over the years as factors affecting innovation and private sector growth changed. The result is now Pennsylvania's researchers and entrepreneurs have a complex portfolio of public-private resources available to them.

Goal is improved service delivery, advocacy for tech community

To produce a more focused and effective effort in the areas of commercialization and advocacy, the Illinois Coalition has divided into two separate public-private organizations.

The Kauffman Foundation recently launched "Giving Back to Entrepreneurship," a website dedicated to informing entrepreneurs how they can use their energy and creativity to support their communities and help jumpstart the next generation of entrepreneurs.

As a percentage, Silicon Valley has lost more jobs over the past four years than any U.S. metropolitan area since 1939, but evidence shows the region is stabilizing with a return to levels reminiscent of the late 1990s. Funding for venture capital is up, per capita income is increasing, and research and development funding has reached new highs. Yet, the region's most striking feature of late is, perhaps, the way it is growing, according to the 2005 Index of Silicon Valley.

Editor's Note: Last week's issue of the Digest included a Recent Research item, Are Leading Firms Team Players? that drew an animated reaction from a reader whose opinion SSTI holds in great respect because of his contributions to improving the understanding and delivery of technology-based economic development initiatives. As a result, Dr.

Georgia Tech topped the nation in its efforts to help state and local agencies with economic development, according to a study released by the Southern Growth Policies Board's Southern Technology Council (STC).

Conducted by Louis Tornatzky and Paul Waugaman, senior fellows at STC, Innovation U.: New University Roles in a Knowledge Economy offers comprehensive case descriptions of how national research universities operate in the following areas:

Small businesses bearing a critical role to the regional economies of upstate New York must overcome several barriers to growth if they are to enjoy future success, suggests a report by the Buffalo Branch of the Federal Reserve Bank of New York.

In SSTI's second look at the 2000 Annual Survey of Manufactures, Geographic Area Statistics in as many weeks, SSTI highlights more of the report's key findings, including data on such fields as the value added by manufacturers, value of shipments, and average value added per employee.

Michigan Governor John Engler recently signed Senate Bills 880, 881 and 999 to help make high-speed Internet connections available and affordable to consumers across the state. Almost unanimously approved in the Michigan House and Senate, the Governor’s broadband initiative was supported by a coalition of more than 50 statewide associations, local groups and companies. The bills are as follows:

Responding to the demands of business leaders to close the nation's workforce skills gap, the National Skill Standards Board (NSSB) has created the Information and Communications Technology (ICT) Voluntary Partnership to represent the telecommunications, computer and information industry sector.

NASA's Office of Aerospace Technology has released an integrated strategy, or blueprint, that suggests developing new technology will lead to a new era of aviation. The strategy, while not completed in time to be reflected in the Administration's 2003 budget request, will be used to guide federal aeronautics investments in research, education and development.

As a means of highlighting the performance and composition of state economies, Harvard's Institute for Strategy and Competitiveness, led by Dr. Michael Porter, has published profiles on all 50 states and the District of Columbia.

The U.S. Small Business Administration and My Own Business, Inc., have jointly created a free, online entrepreneurship course for small business owners and aspiring entrepreneurs. The announcement was made at the Conference on Women Entrepreneurship in the 21st Century in Washington, D.C., earlier this week.

The Ohio Department of Development, which works collaboratively with businesses, communities and the Ohio Legislature to develop financial and technical programs, seeks to fill the position, Grants Administration Manager. The position's duties include managing the outside Grant Administration Team, assessing project results and progress, and performing other duties assigned by the Deputy Director of the Technology Division.

The Census Bureau report released last week, 2000 Annual Survey of Manufactures, Geographic Area Statistics, provides annual data from 1997 through 2000 on the number of all manufacturing employees, number of production workers, value added by manufacturers, cost of materials, value of shipments, and new capital expenditures for manufacturing establishments by state. The data cover manufacturing industry groups such as food, apparel, lumber, chemicals, computers and transportation equipment.

Arizona

The first two installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm

Indiana

Business community advocacy for public investments in technology-based economic development (TBED) may make the difference between legislators appropriating programs $1 million or $100 million.

We greatly appreciate the praise and suggestions we've received from readers regarding the Tech-based Economic Development (TBED) Resource Center, a cooperative project of the U.S. Department of Commerce's Office of Technology Policy and SSTI. The new online library contains links to more than 1,300 research reports, strategic plans, best practices and impact analyses from state and federal government, university researchers and foundations.

To fulfill a goal within the state's 2010 Initiative of becoming a recognized leader in research and technology development, the South Dakota Department of Tourism and State Development will operate an Office of Commercialization under the direction of Mel Ustad, current Interim Vice President for Research at the University of South Dakota.

Anyone working with an entrepreneur knows they like to write their own rules. The latest survey characterizing the world's pool of entrepreneurial talent finds a large majority of them also write their own checks to finance their businesses. It's easier to write - and change - the rules when you also control the purse strings.

Large industrial or technology firms are often sought by economic development recruiters to serve as anchors for cluster development. Once an anchor is attracted, policymakers often nurture local industrial districts as ways to promote transmission of technical know-how and deepen industrial relationships. Does the strategy work?

Many regions support local knowledge clusters in the hopes that geographic proximity will promote technology diffusion and enhance industrial competitiveness. A working paper from Italy suggests the effectiveness of such clusters or science parks depends upon the nature of the firms and institutions involved.

A recent collection of weekly headlines gathered by the Montana Associated Technology Roundtables brought to our attention the annual world academic rankings compiled by the Institute of Higher Education at Shanghai Jiao Tong University.

For the past two years, the school has identified the world's top 500 academic institutions based on a weighted scale of six indicators:

Governors will be forced to make cuts in education, health care and transportation budgets in light of the recently passed stimulus package that will reduce state revenues but provide no financial assistance for states facing increasing health care costs, says the National Governors' Association (NGA).