House committee creates plan for net zero emissions
The majority staff of the House Select Committee on the Climate Crisis released a “roadmap” this week for the U.S. to achieve net zero emissions by 2050 and net negative emissions through the rest of the century. The plan says these climate goals can be achieved while growing the economy and improving public health.
National Science Board announces vision for securing US leadership in science and engineering for the next decade
The U.S. has long been the global leader in science and engineering (S&E), but that position is being increasingly challenged with China likely surpassing the U.S. in total Research and Development (R&D) investment in 2019. Accounting for this changing landscape, the National Science Board (NSB) recently released its Vision 2030 report.
The U.S. has long been the global leader in science and engineering (S&E), but that position is being increasingly challenged with China likely surpassing the U.S. in total Research and Development (R&D) investment in 2019. Accounting for this changing landscape, the National Science Board (NSB) recently released its Vision 2030 report. It identifies the primary challenges facing the S&E enterprise in the United States, the essential elements of leadership, and a roadmap for implementing these recommendations and maintaining U.S. leadership in S&E for the next decade.
US universities work towards UN’s Sustainable Development Goals
The Times Higher Education Impact Rankings has measured 768 universities around the world against the United Nations Sustainable Development Goals (SDGs). Combining research and activity metrics, the 2020 rankings place institutions from New Zealand and Australia in the top four spots, with U.S. universities holding 14 places within the top 200.
Students design bio-inspired ideas to provide climate crisis solutions
Despite a school year disrupted by the pandemic, teams of students from across the nation submitted a host of ideas in the latest Biomimicry Institute’s Youth Design Challenge (YDC). The YDC brings the process of nature-inspired design into the classroom of middle and high school students, who collaborate in teams to solve sustainability problems using nature as a guide.
US bioscience industry at record strength
The U.S. bioscience industry is helping to meet the challenges presented by the pandemic through two, key characteristics: its innovative capacity to address global challenges, and its role as a consistent economic stalwart, with a track record of generating high-quality jobs and growth that has acted as a key buffer during prior economic recessions.
Manufacturers key to economic recovery
With the nation in the midst of a recession following 128 months of economic expansion, many are asking how we will find our way out. Turning to a long-time strength for the nation and relying on our manufacturing industry is one way.
Funding from Defense, EDA available
In separate announcements this week, the Department of Defense Office of Economic Adjustment (OEA) and the Economic Development Administration (EDA) revealed funding opportunities that can assist efforts to transform American innovations and support the growth of new companies.
Department of Defense
New research provides empirical support for relationship building to encourage innovation economies
As discussion of innovation ecosystems remains near the front of science, technology, and innovation policy discussions — and resources are spent providing environments for creative exchange between researchers, industry, government, and entrepreneurs — substantive and empirical research is still lagging. However, a recent study sheds new light on the mechanisms and types of interactions that may contribute to the desired outcomes of promoting innovation ecosystems.
Innovation impacts of nation’s colleges and universities examined
A new report released by the George W. Bush Institute has measured the impact that innovation research at U.S. universities and research institutions has had on the country’s economic development. The report, The Innovation Impact of U.S. Universities: Rankings and Policy Conclusions, examines and ranks institutions on four primary impact categories: commercialization, entrepreneurship, research, and teaching.
Must read: The economic impact of access to higher ed
At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al.
At a time when higher education is facing some of its greatest challenges, its value both for individuals and for states is reinforced through the findings of a recent working paper from the National Bureau of Economic Research. In “The Economic Impact of Access to Public Four-Year Colleges,” Jonathan Smith et al. show through an examination of the University System of Georgia that access to public higher education leads to “substantial economic benefits for the marginal student,” and that the state roughly breaks even on its initial investment after 10 years. Although other studies have provided descriptive evidence that identify colleges as catalysts for economic mobility, the authors looked for causal evidence of the linkage and employ a novel approach through credit bureau data.
Experts examine challenges facing research universities
In an hours-long virtual workshop that could have covered days, the presidents of the National Academies of Sciences, Engineering, and Medicine and leaders from government, academia, and publishing explored key questions the research enterprise must address to build a more effective and resilient 21st century research university. Facing challenges that may have long been present but have been exacerbated and accelerated by the COVID-19 crisis, the leaders began exploring questions that could help research universities rebound to a better place than the pre-pandemic status quo.
Exactly 21 years after first Digest story, GAO and FCC still talking about digital divide
Exactly 21 years after the SSTI Weekly Digest ran its first story on the digital divide, a recent report by the Government Accountability Office confirms what inestimable studies before it have reported: access to broadband has expanded, but significant shortcomings in broadband still exist.
Exactly 21 years after the SSTI Weekly Digest ran its first story on the digital divide, a recent report by the Government Accountability Office confirms what inestimable studies before it have reported: access to broadband has expanded, but significant shortcomings in broadband still exist. Meanwhile, the Federal Communications Commission has issued new rules to improve collection and mapping of broadband availability. The commission is also seeking comments on proposals to ensure the accuracy of the new broadband coverage maps.
Updated SBIR/STTR website more organized and accessible
The Small Business Administration (SBA) recently rolled out a new website for the SBIR/STTR program which SBA administers. Reorganized and including new landing pages for entrepreneurs, support organizations, and federal agencies, the new page provides quicker and easier access to the right information.
Higher education enrollment further threatened by pandemic, proclamation
The pandemic’s negative impact on enrollment at institutions of higher education is getting even more complicated. New figures show that the number of students that have completed the Free Application for Federal Student Aid (FAFSA), a figure that serves as an indicator for postsecondary enrollment, has decreased.
Congress passes changes to PPP
The House and Senate have both passed a bill that would alter the SBA’s Paycheck Protection Program. Businesses will now have up to 24 weeks to use forgivable funds, instead of the original eight weeks. The portion of the costs that must be spent on payroll has been reduced from 75 percent to 60 percent. The bill also changes many of the original legislation’s hard deadlines from the end of June to Dec. 31.
Small businesses reeling; 10 to 50 percent may go out of business
A trio of recent reports reflect the pernicious effects the pandemic is having on small businesses. Last month, a survey from the Society for Human Resource Management (SHRM) found that 52 percent of small businesses expected to be out of business within six months. SHRM President and CEO Johnny C.
State budget recovery likely years away, SSTI analysis shows
A new report from the Congressional Budget Office (CBO) indicates that the U.S.
A new report from the Congressional Budget Office (CBO) indicates that the U.S. economy through 2030 will have $8 trillion (as measured in 2019 dollars) less in economic activity than the CBO projected just five months ago. Combined with SSTI’s recent examination of economic recovery that found it took 20 states at least four years for their economy to recover back to Great Recession levels, the impact on state budgets can be expected to be long lasting. In fact, a new examination by SSTI finds that through FY 2018, 15 states’ general revenue funds had not recovered to FY 2008 levels (as measured in 2018 dollars) based on data collected by the National Association of State Budget Officers (NASBO). For an additional 16 states, it took seven to 10 years to reach FY 2008 levels.
APLU report focuses on bolstering diversity in STEM faculty
Just 10 percent of STEM faculty at four-year institutions are from underrepresented backgrounds, according to a new report by the Association of Public and Land-Grant Universities.
Lighter regulation would allow banks to return as LPs
Banking regulators recently announced new rules, effective in October, that will allow banks to invest in venture capital funds. These arrangements had been barred by the “Volcker Rule,” which was put in place after over-leveraged banks caused a global financial crisis in 2008. A statement by the National Venture Capital Association praised the change and predicted a “significant impact on entrepreneurial capital formation … particularly in emerging ecosystems.”
COVID-19 magnifying economic inequality
COVID-19 is not just wreaking havoc across the national and global economies but is specifically causing that damage in a way that widens the existing fault lines between the “haves” and “have-nots.” Further, as countries and companies contemplate the possibility of managing operations alongside the new coronavirus, rather than an entirely “post-COVID” society, there is little reason to believe the worsening economic inequality will mend without specific intervention. The problem will not be easy to solve.
New coalition aims to build workforce, improve racial equality in manufacturing
A new coalition funded by the Lumina Foundation and driven by manufacturing experts from across the country has formed to help solve the recruitment challenge and build a more racially inclusive future for manufacturing. The Urban Manufacturing Alliance teamed up with The Century Foundation to launch Industry and Inclusion 4.0.
Maine voters to decide $15M bond issue for broadband funding
Voters in Maine will consider a high-speed internet infrastructure bond issue on the July 14 ballot. The legislatively-referred measure would authorize $15 million in general obligation bonds for the Connect ME Authority to provide funding for high-speed internet infrastructure in unserved and underserved areas. The bond revenue would be used to match an estimated $30 million in federal, private, local and other funds.
PCAST recommends bold actions to ensure American leadership in industries of the future
The President’s Council of Advisors on Science and Technology (PCAST) is recommending a set of bold actions to help ensure continued American leadership in Industries of the Future (IotF), comprising artificial intelligence (AI), quantum information science (QIS), advanced manufacturing, advanced communications, and biotechnology.
New A.T. Kearney report fuels debate over U.S. trade policy’s effect on reshoring
A recent report from global management consulting firm A.T. Kearney calls into doubt the ability of U.S. trade policy in encouraging domestic manufacturing firms to reshore their production efforts. Following the government’s release of 2018 trade data, A.T. Kearney published the findings from its sixth annual Reshoring Index, which compares year-over-year changes in U.S.
A recent report from global management consulting firm A.T. Kearney calls into doubt the ability of U.S. trade policy in encouraging domestic manufacturing firms to reshore their production efforts. Following the government’s release of 2018 trade data, A.T. Kearney published the findings from its sixth annual Reshoring Index, which compares year-over-year changes in U.S. manufacturing gross output to imports of manufactured goods from 14 traditionally low-cost country (LCC) trading partners in Asia.
Air Force Pitch Days showing signs of early success, 10 more scheduled in 2019
In response to its shrinking industrial base and having identified a gap in its ability to rapidly acquire and deploy innovative technologies, the U.S. Air Force (USAF) recently made some changes to its SBIR/STTR program. The new Pitch Days have already met with success and 10 more Pitch Days have been scheduled in 2019.
In response to its shrinking industrial base and having identified a gap in its ability to rapidly acquire and deploy innovative technologies, the U.S. Air Force (USAF) recently made some changes to its SBIR/STTR program. The new Pitch Days have already met with success and 10 more Pitch Days have been scheduled in 2019. The USAF expects to make its roughly $660 million of annual SBIR/STTR funding more easily available to a greater number of startup companies, thereby greatly expanding its industrial base, encouraging innovation and small business generation, and filling the innovation void left by the large prime contractors.