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Just over two months ago, Acting Gov. Richard Codey announced budget shortfalls were delaying the state's $380 million stem cell research initiative (see the April 25 issue of the Digest).

In its third special session of the year, Mississippi legislators passed House Bill 3, an economic development package of grants and loans for high-tech and existing industry, including Gov. Barbour’s Momentum Mississippi Initiative.

Within days of taking office in January, Utah Gov. Jon Huntsman Jr. dismantled the Department of Community and Economic Development and promised to make significant changes to how Utah approaches wealth generation and economic growth.

The latest Fiscal Survey of States reveals that many states still face tough budget challenges, despite the fact that extreme revenue shortfalls of the past have subsided. The survey, which measures the fiscal health of states, is conducted semi-annually by the National Association of State Budget Officers (NASBO) and the National Governors Association (NGA).

Research continues to point to universities and public research organizations as the engines of innovation. But how does one build bridges between academics and industry that result in formal research agreements and specific problem-solving approaches? Two French studies suggest academic research with links to industry and across disciplines enhance the transfer of knowledge, focusing on directly applicable outcomes.

Recently released U.S. Bureau of Economic Analysis (BEA) data show Nevada outpaced all other states in the percent growth of its real gross state product (GSP) over the period 2000-2004. The western state's real GSP grew from nearly $74.8 billion in 2000 to more than $90 billion in 2004, a 20.8 percent change, based on 2004 estimates.

Building high-quality communities is the underpinning of long-term economic development, suggests new Southern Growth Policies Board research.

The Board of Directors of the EAST (Environmental And Spatial Technology) Initiative invites applications for the position of President/Chief Executive Officer. The EAST model, a result of a collaboration between business and education, is intended to provide K-16 students with access to resources not available in the traditional educational setting.

Your kids may not be bored of summer yet, but if you're an avid bird watcher, you know the season has already changed to fall as Yellow Warblers and several species of shorebirds begin their migrations south by July 4.

An increase in a city's share of college educated workers results in an increase in manufacturing output in that city, according to a report released by the National Bureau of Economic Research.

The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2001. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.

We appreciated hearing from so many of our readers that last week's special Digest issue on innovation indices was particularly timely or useful. As an additional resource on the topic, SSTI has prepared three matrices presenting the common indicators included in the national, state and local indicator reports referenced in the issue.

The Washington Technology Center (WTC), the state's science and technology organization that stimulates growth in the state, is seeking someone to become Federal Program Development Manager. WTC helps Washington companies develop commercially viable technology through statewide programs and services.

While the 2002 election marked the return of Republican control of the U.S. Senate and the departure of a number of governors that had been strong supporters of investing in science and technology (e.g., John Engler of Michigan, Angus King of Maine, and Roy Barnes of Georgia), it may also mark the beginning point of a new group of governors that embrace technology-based economic development as a focal point of their administrations.

Some of the 200-plus ballot measures decided in the 2002 General Election held Tuesday were dedicated to promoting tech-based economic development (TBED). The results were generally mixed, however. Promoters of Michigan's Life Sciences Corridor were pleased with the failure of an initiative that would have dictated the allocation of the state's tobacco settlement funds, including a smaller amount than the state is currently spending on life sciences research.

Biotechnology has enormous potential for North Carolina's future, but the state's economic development strategy must be broader than any single industry and must include growth-from-within strategies, concludes a report published by the Institute for Emerging Issues at North Carolina State University.

One of the more common topics in the information requests SSTI receives regards how to do or what are good examples of innovation indices or S&T report cards — compilations of statistics and data presenting a geographic area's standing against similar areas across several metrics thought to be useful guides in assessing economic health or potential for growth.

An important aspect of all indices, regardless of their geographic orientation, is that each is created with a different purpose or goal in mind. As a result, each index has an inherent or implicit bias toward the data collected, the manner in which the data is manipulated and presented, and the conclusions drawn or policy recommendations made.

An important aspect of all indices, regardless of their geographic orientation, is that each is created with a different purpose or goal in mind. As a result, each index has an inherent or implicit bias toward the data collected, the manner in which the data is manipulated and presented, and the conclusions drawn or policy recommendations made.

Seven indices introduced below are followed by a sample of the similarities and differences that exist among them.

Even when indices are trying to measure the same activity or characteristic this may be done utilizing different measures and some indices may include indicators not used in others. A matrix presenting the common indicators among the national indices is available here. Examples of these differences and similarities follow: (Please note that not all indicators for all indices are mentioned.)

Led by Massachusetts, which released its first innovation index in 1997, states have been creating indices in an attempt to track changes and transformations in their own economies. Many of these indices look at some of the same characteristics such as investment capital, industrial productivity, technology workforce development, business development and many others.

Indices also are created at the regional and local level as well. Once again, while there is some crossover in measures, there are also significant differences that reveal some regional variation and shifts in priorities. This section highlights: regional indices for Washington D.C.

Some characteristics that STTI has found to represent a good index would contain some, if not all, of the following:

One of the more popular sections of the SSTI Weekly Digest — according to our annual surveys of readers — are the periodic useful stats, which point to or present comparative statistics across cities or states. Fortunately, because we try to standardize the information for more meaningful interpretation, several of these tables provide useful data for developing a local or state innovation index.