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Representative James P. Moran (D-VA) recently introduced a package of five bills that he feels would help address the critical shortage of information technology workers that the United States currently faces. As reported in the January 23, 1998 issue of the Digest, the Information Technology Association of America predicts that there are approximately 346,000 unfilled information technology jobs in the country today due to a shortage of qualified workers.

Nearly 150 American leaders launched a two-year initiative last week in the hopes of speeding the development of new technology. The initiative is the result of the National Innovation Summit sponsored by the Council on Competitiveness and held at the Massachusetts Institute of Technology (MIT). Attendees included Vice President Al Gore, House Science Committee Chairman James Sensenbrenner, CEOs of numerous corporations, university presidents, labor leaders, and others.

The South Carolina Technology Advisory Council (SCTAC) has released a technology strategy for the state. Creating South Carolina's Future Through Technology: Strategies for Developing a Knowledge-Based Economy grew from a 1995 strategic plan for economic development, Approaching 2000: An Economic Development Vision for South Carolina.

As a result of a recent study on the federal role in economic development, the U.S. Economic Development Administration (EDA) is concerned that the current federal statistical system is not meeting the needs of economic development practitioners. EDA has commissioned a web-based survey to assess the usefulness of the data.

Price Waterhouse recently announced that venture capital investments hit an all-time record in the fourth quarter of 1997. Total investments exceeded $3.7 billion, eclipsing the previous high of $3.5 billion reported in the third quarter of 1997. Compared to the fourth quarter of 1996, investments increased 50%. These findings were released in the Price Waterhouse Venture Capital Survey, a quarterly report of venture capital investments throughout the United States.

The National Science Foundation (NSF) has released an assessment of its Engineering Research Centers (ERC) Program. The two-part study looked at two key aspects of the ERC program: ERC- industry interaction and effectiveness of former ERC graduate students in the workforce.

A recent study found that students are performing at higher levels in mathematics and are taking more higher-level math and science courses in the majority of the 40 states that participated in a recent study of U.S. mathematics and science education.

Industry associations are expressing concern that the diversion of user fees from the U.S. Patent and Trademark Office (PTO) is adversely affecting the speed of innovation. The PTO receives no taxpayer dollars and is supported entirely by user fees; however, for the last several years, most of those user fees have gone to the government's general fund to help balance the budget rather than to support PTO operations.

Joel B. Russ was recently named the new president of the Maine Science and Technology Foundation (MSTF). Prior to accepting this position, Russ served as the President and CEO of the Chamber of Commerce of the Greater Portland Region, as well as serving as a member of the MSTF's Board of Directors. MSTF is a state-chartered, non-profit organization whose mission is to stimulate science and technology-driven economic growth in Maine.

Dr. Jack Gibbons, the President's science advisor and the director of the Office of Science and Technology Policy, announced late last week that he will resign effective March 15. Dr. Neal Lane, the director of the National Science Foundation (NSF), has been nominated by President Clinton to replace Gibbons. Replacing Lane at NSF will be Dr. Rita Colwell, the president of the University of Maryland Biotechnology Institute. Colwell was nominated earlier this year to become deputy director of NSF.

Pennsylvania Governor Tom Ridge recently announced the release of The Technology 21 Report — The Keystone Spirit: Putting Technology to Work. Commissioned by Ridge and the Ben Franklin/IRC Partnership Board, the Technology 21 initiative is an industry-led project that will implement a comprehensive technology policy for Pennsylvania.

The Tech 21 report calls for:

On Monday, the Clinton Administration released its detailed budget proposal for FY99 that requests a 2.57% increase in research and development funding. The FY99 budget proposal calls for increasing spending on R&D to roughly $78.16 billion, up $1.96 billion from FY98.

The Clinton Administration has announced initiatives to finance computer training and retraining programs to meet the dramatically increasing demand for Information Technology (IT) workers. The announcement occurred at the National Information Technology Workforce Convocation, an event to facilitate broad-based solutions to the worker shortage.

The United States could be on the verge of a major resurgence in the funding of research and development (R&D), according to the annual forecast by Battelle Memorial Institute and R&D Magazine. R&D spending in 1998 is expected to reach more than $215 billion, a 4.66 percent increase over the $206 billion that the National Science Foundation estimates was spent in 1997. The prediction comes after years of stagnation in R&D spending.

The National Institute of Standards and Technology's (NIST) Advanced Technology Program (ATP) has launched a new Internet website entitled the ATP Alliance Network. The website is designed to aid organizations interested in applying for an ATP Joint Venture award.

The National Science Foundation (NSF) has decided to reclassify its R&D budget, which will result in a reduction of funding available for its Small Business Innovation Research program (SBIR). The reclassification was recommended by Inspector General Linda Sundro. NSF Director Neal Lane has concurred with the recommendations.

The Corporation for Enterprise Development (CFED) has released its 1997 Development Report Card for the States. The annual report card assesses the strengths and weaknesses of each state's economy and its potential for future growth. Its rankings are watched closely by state development officials.

The U.S. Department of Transportation (DOT) has announced the formation of the Intelligent Vehicle Initiative (IVI), a major component of the Intelligent Transportation Systems America program. IVI represents DOT's efforts to merge all vehicle-focused research activities into a multi-agency research and development program. DOT is seeking assistance from industry and stakeholders on the planning of this new initiative.

The December 19, 1997 issue of the SSTI Weekly Digest reported an incorrect FY 1998 appropriation for the Advanced Technology Program (ATP). The correct amount is $192.5 million.