With all its promise of connecting businesses and residents of even the remotest areas the country to the global economy, the Internet led most states and communities to invest resources toward the Digital Divide. Will these investments pay off? Will the Internet lead to an economic geographic revolution similar to that caused by past technological advances such as the automobile?
Since its founding in 1991, the nonprofit Minnesota Technology Inc. (MTI) has been Minnesota lead technology-based economic development organization. Its mission, to help existing small and medium-sized companies apply, develop and commercialize technology, is achieved through three objectives:
The U.S. General Accounting Office (GAO) releases reports and testimonies nearly every day. On the accompanying webpage are summaries from seven recent reports, identified below, that are relevant to state and local tech-based economic development objectives.
With 90 percent of Chicago’s economy in slow-growth sectors such as manufacturing, retail, financial services and real estate, leaders from business, academia, government and nonprofit groups have joined forces to develop and implement a strategy to establish the city as a key player in the New Economy.
The Industries of the Future (IOF) strategy creates partnerships between industry, government, and supporting laboratories and institutions to accelerate technology research, development, and deployment.
Blythewood, South Carolina
Natural gas, oil, and coal-based power production has driven and will continue to be integral to America's technological and economic success. To make fossil fuel power production more efficient and environmentally benign, future power plants will incorporate a host of advanced technologies, many of which are researched and funded through the National Energy Technology Laboratory (NETL).
Early registration for SSTI's 5th Annual Conference, Creating Opportunity: Tools for Building Tech-based Economies ends on Wednesday, September 5. To lock in the discounted rate, submit your registration by the end of September 5 by fax to 614.901.1696 or online at https://www.ssti.org/registration01.htm Those paying by check are encouraged to submit their registration form by fax or online as well and post the check by regular mail.
With the emphasis many state and local tech-based economic development organizations have placed on biotechnology over the past 12-18 months, few are far enough along in implementing their strategies to point to more than a handful of successes or new construction projects. The recent explosion in public investment of resources and policies toward developing local biotech capacity is largely based on the promise of anticipated economic gains in the near or not-so-near future.
While technological advancements occur every day, truly revolutionary technologies over the past three hundred years — those that promise so many diverse applications that they result in disruption and restructuring of several different industries — can be counted on one hand. The field of nanotechnology, with major implications for nearly every industrial sector, appears to be one of those once-in-a-lifetime breakthroughs.
The President has nominated Arden Bement, Jr. to be Director of the National Institute of Standards and Technology at the Department of Commerce. Bement has been at Purdue University since 1993, where he is the head of the School of Nuclear Engineering. Bement is Chairman of the Advanced Technology Program's Advisory Committee, has served on the National Science Board, and was active with the Cleveland Advanced Manufacturing Program (CAMP), an Edison Technology Center.
The U.S. Department of Commerce's Technology Administration (TA) has announced the availability of approximately $2 million in funding for the Experimental Program to Stimulate Competitive Technology (EPSCoT). The program will provide 6-8 matching grants to support technology development, deployment, and diffusion through public-private partnerships in states which traditionally do not receive significant federal R&D funding.
In his first budget address, Illinois Governor George Ryan outlined a series of initiatives which would catapult Illinois into the top tier of states for technology-based economic development spending. Coupled with the $3-million-plus technology initiative announced earlier this year by Chicago Mayor Richard Daley, Illinois S&T investments could grow to $20 million annually, a threshold only six other states have crossed and maintained: Georgia, New York, North Carolina, Ohio, Pennsylvania, and Texas.
Two new, free resources are available that provide access to statistical data that can be used for a wide variety of analytic processes, including impact assessment, regional measurement, strategic planning and program design.
Last week's issue of the SSTI Weekly Digest was our 150th since beginning the publication on March 1, 1996. Since that time, the Digest has grown more sophisticated in its news coverage and value largely due to the input we receive from our readers. Accompanying this week's issue of the Digest in a separate e-mail is a short survey that we hope you will complete and send back to us. [NOTE: survey is not included with the arcvhive version of the Digest.]
The U.S. Department of Energy has announced the award of more than $2.1 million in grants to six U.S. manufacturers to help demonstrate and commercialize energy-efficient and environmentally friendly industrial technologies. The grants support technologies being developed for use in the chemicals, metalcasting, aluminum, forest products, and steel industries.
Michigan Governor John Engler has signed an Executive Order reorganizing the state's economic development and workforce development functions. The reorganization, which was unveiled by the Governor in his State of the State address, permits the formation of a new Michigan Economic Development Corporation (MEDC) in partnership with local governments.
The American Society of Mechanical Engineers (ASME) is seeking candidates for the White House Executive Office Fellowship and for the Congressional Fellowship.
The White House Fellow will serve a one-year appointment in the White House Office of Science and Technology Policy to support the U.S. Innovation Partnership's state-federal technology partnership activities aimed at enhancing state-federal cooperation and technology-based economic growth.
Two publications that will be useful to those interested in technology-based economic develop-ment have been released recently. They are:
Science and Engineering State Profiles: 1998 Data Update
U.S. venture capital investments for 1998 were 24 percent higher than record levels set in 1997, according to the latest Pricewaterhouse-Coopers Money Tree Survey. Results from the survey of deals made during the fourth quarter of 1998 revealed venture capital investment for 1998 totaled $14.27 billion — $2.78 billion higher than the total posted in 1997, and 78 percent higher than 1996 totals.
The Small Business Administration (SBA), the U.S.
The Maine Science & Technology Foundation (MSTF) has released the 1998 Maine Science and Technology Report Card, a first look at the state’s performance across twenty science and technology related indicators. MSTF will use the report’s findings to develop benchmarks for the next revision of the state’s biennial strategic science and technology plan, due out this fall.
The American Society of Mechanical Engineers (ASME) has released a new paper that argues that even with maximum utilization of currently available technologies, the U.S. could not meet its carbon emission reduction obligations under the Kyoto Climate Change Protocol by 2008-2012.
The Kyoto Protocol calls for the U.S. to reduce its emissions of greenhouse gases to a level seven percent below 1990 levels.
The Department of Defense has released statistics for the 98.2 Phase I solicitation of the Small Business Innovation Research Program. The agency announced selection of 363 Phase I awards in 36 states. DOD funded 10.9 percent of the 3,339 Phase I proposals received. An accompanying table on the SSTI web site http://ssti.org/Digest/Tables/DODPhase1.htm provides the distribution of awards and proposal-to-award conversion ratios by state.
In the state that created the Ben Franklin Centers in the early 1980s - models for several states’ first forays into S&T - Governor Tom Ridge has proposed a wide range of new initiatives to promote R&D investment, technology development, and commercialization within Pennsylvania.