Hawaii's research and investment tax credits for high-tech companies have been a issue of debate for nearly a decade. In a survey conducted earlier this year, 45 percent of a sample of high-tech business owners said these credits played a "major influence" in their decision to grow and expand in Hawaii.
The 2007 state elections resulted in two newly elected governors, both promoting TBED strategies as a means to grow the states’ economies. In both cases, the new governorships reflect a change in party affiliation. A third gubernatorial race resulted in the re-election of Gov. Haley Barbour to a second term in Mississippi.
Kentucky
On Tuesday, exactly one year before the U.S. goes to the polls to choose its next president, the Brookings Institution launched a national competitiveness initiative titled Blueprint for American Prosperity: Unleashing the Potential of a Metropolitan Nation. The central premise of the Blueprint is that the “health, vitality, and prosperity” of the major cities and metropolitan areas in the U.S. will be the drivers of the country’s ability to compete globally and meet future economic, social, and environmental challenges.
In an effort to streamline economic development strategies and market the state as a globally competitive place to pursue new business ventures, Arizona Gov. Janet Napolitano recently announced the creation of a new model for economic development last month.
The federal government made obligations of $25 billion in R&D to colleges and universities in fiscal year 2005 - a 4.8 percent increase from the FY 2004 total of $23.8 billion, according to new National Science Foundation (NSF) data. In its report, Federal Science and Engineering Support to Universities, Colleges, and Nonprofit Institutions: Fiscal Year 2005, NSF details all categories of direct federal science and engineering support to institutions of higher education in the U.S.
Linda Fettig was named director of the Nebraska Rural Development Commission.
Kathie Olsen, nominated by the president and confirmed by the Senate, is the new deputy director of the National Science Foundation.
Linda Fettig was named director of the Nebraska Rural Development Commission.
Kathie Olsen, nominated by the president and confirmed by the Senate, is the new deputy director of the National Science Foundation.
The San Antonio Technology Accelerator Initiative (SATAI) announced that James Poage is SATAI's new president and CEO. Poage replaces Randy Goldsmith, who continues as a director.
Nearly four months into the current fiscal year, Wisconsin Gov. Jim Doyle signed into law the biennial 2007-09 budget last week, investing in renewable energy, university R&D and expanding tax credits to attract angel and venture capital investment.
Earlier this month, Oregon’s University Venture Development Fund began operations, which will allow the state’s taxpayers to receive a 60 percent income tax credit on contributions that will be applied toward commercialization and entrepreneurial programs at Oregon’s eight public universities. Authorized by the state legislature, the fund will enable $14 million to be provided to the universities in aggregate, with each institution’s allocation formulated by its annual income from research grants and contracts.
Many Digest stories in recent years have described the actions of states and regions to build a stronger educational foundation in the science, technology, engineering, and mathematics (STEM) fields. The National Science Board (NSB), the policy-making body of the National Science Foundation, released its recommendations to improve the ability of all American students to receive the necessary skills and knowledge to successfully participate in the workforce of the future.
While discussions of successful university technology transfer programs tend to revolve around a select set of high-achieving institutions, a number of less-recognized institutions are now being proposed as national models for their approaches to entrepreneurial support and regional outreach.
The U.S. venture and angel markets appear to have fully recovered from their slump earlier this decade. Pricewaterhouse Coopers' Moneytree Survey reports that as of the third quarter, 2007 is on track to become the most active year for venture investment since 2001. Three years after hitting a tech bust low of just under $20 billion in 2003, venture firms investment surpassed $26 billion last year. Venture fundraising has been even stronger, as funds recovered from a low of less than $5 billion in 2001 to more than $30 billion in 2006.
Southern Growth Policies Board recently announced the launch of two new, searchable web-based tools and the redesign of its website.
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
As part of SSTI's 11th Annual Conference, recipients of the first annual SSTI Excellence in TBED Awards were honored for their participation in a national competition showcasing best practices in approaches to building tech-based economies.
Designed to celebrate exceptional achievement in addressing the elements that have been found in successful technology-based economies, the awards program recognizes efforts to improve state and regional economies through science, technology and innovation.
On the heels of our successful 2007 annual conference, held last week in Baltimore, SSTI is pleased to announce that Cleveland will be the location for our 12th annual conference. The nation’s premier event for sharing ideas on the best ways to encourage technology-based economic development and foster regional prosperity in a global economy will be held at the InterContinental Hotel in Cleveland, Oct. 14-16, 2008.
If one of the keys to competing in a flat or flattening world is better integration of universities into the economic system, then one of the best ways to measure success is to examine industry's share of academic R&D expenditures.
For more information on the positions below, visit SSTI's online Job Corner at http://www.ssti.org/posting.htm.
Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.
Automation Alley has named Thomas Anderson as president of the Automation Alley Education & Research Institute. Mr. Anderson also is director of the consortium's Technology Center.
President Bush has nominated Santanu Baruah to be Assistant Secretary for Economic Development for the U.S. Department of Commerce. Mr. Baruah's responsibilities include oversight of the Economic Development Administration.
John Gardner has been named the first vice president for research and economic development for the University of Missouri system.
David Goodrich announced he will leave his position as CEO of the Central Indiana Corporate Partnership at the end of the year.