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SSTI Editorial: States Respond to Call for Innovation

Monday, March 7, 2005

Last week's Digest reported on three reports that have been issued recently raising concerns about America's standing in the world in encouraging innovation. Each of the reports suggested stronger action on the part of the public and the private sector to ensure the U.S. will remain competitive.

  • Read more about SSTI Editorial: States Respond to Call for Innovation

Organizations Sound Alarm on U.S. Standing in Innovation

Monday, February 28, 2005

SSTI, like other organizations, found few S&T winners in the Administration's FY 2006 federal budget proposal (download SSTI's special budget issue at http://www.ssti.org/Digest/2005/FY06_Federal_Budget.pdf). Now, two organizations are sounding the alarm that the U.S.'s standing as the world leader in innovation is in danger of slipping, if it has not already begun.

  • Read more about Organizations Sound Alarm on U.S. Standing in Innovation

New Hampshire Creates $100M Fund to Spur Job Creation

Monday, February 28, 2005

An initiative aimed at creating 2,500 new jobs throughout New Hampshire will offer low-interest loans to companies who commit to creating new jobs or expanding their current employment base in the state.

  • Read more about New Hampshire Creates $100M Fund to Spur Job Creation

Georgia's Fourth Innovation Center Focuses on Life Sciences

Monday, February 28, 2005

Gov. Sonny Perdue recently announced the creation of the state's fourth Center of Innovation. Located in Augusta, the Life Sciences Innovation Center (LSIC) will assist with business incubation and securing matching grants for applied R&D with industry partners through the Georgia Research Alliance.

  • Read more about Georgia's Fourth Innovation Center Focuses on Life Sciences

Issue Brief Finds Mixed Responses On Effects of Global Business in Minnesota

Monday, February 28, 2005

While wider market opportunities have led to increased exporting and lower costs for business operations in some Minnesota companies, others are facing difficult operational challenges as a result of the rapid integration of global business practices, according to a new Issue Brief from the Minnesota Department of Employment and Economic Development (DEED) and Minnesota Technology, Inc.

  • Read more about Issue Brief Finds Mixed Responses On Effects of Global Business in Minnesota

States Reap Quantifiable Benefits through Investments in Higher Ed

Monday, February 28, 2005

The same benefits of higher education to society and individuals found on a national level also are evident at the individual state level and need to be taken into account in state policy discussions, including those on state funding, says a new report from the Institute for Higher Education Policy (IHEP).

  • Read more about States Reap Quantifiable Benefits through Investments in Higher Ed

Recent Research: Are Subsidies Wasted When Tech Firms Fail?

Monday, February 28, 2005

Funding research and development (R&D) is risky business. Using the popular baseball analogies, venture capitalists count on one home run to make up for all of the strikeouts and pop flies. Public support for R&D in private firms, then, could be considered a gamble if policymakers are not patient or understanding of that risk. These programs also must be well managed, with an eye on the market or business aspect of any resulting technologies, to minimize the public's risk.

  • Read more about Recent Research: Are Subsidies Wasted When Tech Firms Fail?

Useful Stats: Top 100 NIH Cities and Five-Year Funding by State

Monday, February 28, 2005

The National Institutes of Health (NIH) data on the top 100 cities for NIH awards in FY 2003 indicates Boston reasserted its leadership over New York for the top spot by increasing its spread by $401 million. Philadelphia and Baltimore remain in third and fourth place for the second year.

  • Read more about Useful Stats: Top 100 NIH Cities and Five-Year Funding by State

University of Toledo Seeks Director for S&T Corridor

Monday, February 28, 2005

The University of Toledo and its partners are seeking a director for the Toledo Science and Technology Corridor. The Corridor is an initiative to enhance the region's innovation-based economy through investments that promote linkages and collaboration among academic institutions, business industries and government entities.

  • Read more about University of Toledo Seeks Director for S&T Corridor

Tech Talkin' Govs 2005, Part Six

Monday, February 21, 2005

The latest in SSTI's annual "Tech Talkin' Govs" series. Five earlier installments of this 2005 review of governors' legislative priorities concerning tech-based economic development are available through the Digest online: http://www.ssti.org/Digest/digest.htm

Michigan

  • Read more about Tech Talkin' Govs 2005, Part Six

Will Michigan S&T Emerge Winner in Political Battle?

Monday, February 21, 2005

As the only state to have a net job loss in 2004, Michigan's political leadership recognizes something must change. The state's shifting economy, from one defined principally by its manufacturing sector to one that derives growth equally from knowledge-based industries, is at the center of the matter. Michigan policymakers are challenged to create innovative proposals that preserve one facet of the economy while broadening the other.

  • Read more about Will Michigan S&T Emerge Winner in Political Battle?

States Finding Innovative Approaches to Stem 'Brain Drain'

Monday, February 21, 2005

A recent proposal by Senate Republicans in Iowa to eliminate the state income tax for residents under the age of thirty has brought the issue of the out-migration of young, educated adults once again to the forefront.

  • Read more about States Finding Innovative Approaches to Stem 'Brain Drain'

New TBED Efforts to Make Ontario Leader in Innovation

Monday, February 21, 2005

To spur job creation in Ontario, the provincial government recently announced two initiatives focusing on innovation and regional economic growth -- the new Fuel Cell Innovation Program and the newly refocused Northern Ontario Heritage Fund Corporation (NOHFC).

  • Read more about New TBED Efforts to Make Ontario Leader in Innovation

Is Public Higher Ed Threatened by Competition and Privatization?

Monday, February 21, 2005

Statewide efforts addressing all of higher education's public purposes are needed to combat the increasing competition and privatization sweeping the nation's public colleges and universities, says a new report from the Futures Project, Correcting Course: How We Can Restore the Ideals of Public Higher Education in a Market-Driven Era.

  • Read more about Is Public Higher Ed Threatened by Competition and Privatization?

Recent Research: Nurturing Creative Cities

Monday, February 21, 2005

Creativity and curiosity are key ingredients for innovation, so it is not too surprising that many communities are looking for ways to increase the creative spirit among their residents and businesses. The how-to of nurturing creativity does not follow a simple recipe for easy replication across the country, but a recent World Bank working paper provides a broad platform of key ingredients.

  • Read more about Recent Research: Nurturing Creative Cities

West Virginia Economic Development Reorganized

Monday, February 21, 2005

West Virginia Gov. Joe Manchin signed last week legislation establishing the Department of Commerce and streamlining the support operations for the state’s economic development efforts. Senate Bill 1002, approved during the recent special session of the West Virginia Legislature, renamed the Bureau of Commerce the Department of Commerce.

  • Read more about West Virginia Economic Development Reorganized

Useful Stats:SSTI Federal Budget Review Available as PDF

Monday, February 21, 2005

The Special Federal Budget Issue of SSTI's Weekly Digest, published electronically in three parts on Feb. 10, is now available for download as a 25-page PDF. As readers are aware, the Administration's budget request proposes significant changes to the federal government's role in supporting economic development, research, investment and community development.

  • Read more about Useful Stats:SSTI Federal Budget Review Available as PDF

Special Federal Budget Issue: NASA

Monday, February 14, 2005

The Administration's $16.47 billion FY 2005 budget request for NASA represents a 2.4 percent increase over the FY 2005 appropriation. Among highlights, the budget proposal maintains investments in next-generation Earth-observing satellites to support climate research efforts.

  • Read more about Special Federal Budget Issue: NASA

Tech Talkin' Govs 2005, Part Five

Monday, February 7, 2005

The first four 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

Kentucky

  • Read more about Tech Talkin' Govs 2005, Part Five

Washington Gov. Proposes $350M Life Science Fund

Monday, February 7, 2005

Gov. Christine Gregoire announced the first stages of her economic development program last Wednesday, highlighted by a proposal to inject $35 million annually starting in 2008 for the next 10 years into life sciences research at the state's universities. Gov. Gregoire also requested legislation be introduced this week that would facilitate the transfer of technology from research institutions to the private sector.

  • Read more about Washington Gov. Proposes $350M Life Science Fund

NIH Changes Ground Rules for Biotech

Monday, February 7, 2005

The nation's most significant source of funding for life science research, the National Institutes of Health, announced two sweeping changes last week that could dramatically alter biotechnology commercialization. The first policy change addresses known and potential conflicts of interest by NIH employees, while the second encourages all NIH-funded research to be released publicly within 12 months of final publication.

  • Read more about NIH Changes Ground Rules for Biotech

Latest TBED Policy Research

Monday, February 7, 2005

The latest email from the Reseau Innovation Network's Innovation Newsletter out of Canada and the D.C.-based Public Forum Institute's National Dialogue on Entrepreneurship called to SSTI's attention two websites with online access to more than 60 academic research papers of potential interest and importance to those interested in encouraging economic growth through

  • Read more about Latest TBED Policy Research

TBED Mergers, IPOs and Foreclosures

Monday, February 7, 2005

In January, Rhode Island's Tech Collective announced the creation of BioGroup, a subsidiary to focus on the needs of the state's life science industry. The new organization will serve as the state affiliate to the Biotechnology Industry Organization (BIO).

  • Read more about TBED Mergers, IPOs and Foreclosures

Two Digests This Week? Special Issue to Focus on TBED View of 2006 Federal Budget Request

Monday, February 7, 2005

By the end of the week, SSTI will be sending Digest subscribers our ninth annual review of the president's federal budget proposal. We will highlight dozens of science and technology programs and initiatives of interest to our readers. Early indications are the 2006 request, released this afternoon, if enacted would result in significant changes for nearly every program of importance for the tech-based economic development (TBED) community.

  • Read more about Two Digests This Week? Special Issue to Focus on TBED View of 2006 Federal Budget Request

Tech Talkin' Govs 2005, Part Four

Monday, January 31, 2005

The first three 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

Hawaii

  • Read more about Tech Talkin' Govs 2005, Part Four

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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
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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.

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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.

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