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People

Friday, October 25, 2002

Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.

Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.

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People

Friday, October 25, 2002

Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.

  • Read more about People

People

Friday, October 25, 2002

Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.

  • Read more about People

People

Friday, October 25, 2002

John Bradley is the Tennessee Valley Authority's as its first chief of economic development. Bradley had been senior vice president of economic development at the Memphis Regional Chamber of Commerce.

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People

Friday, October 25, 2002

Randy Goldsmith resigned as President & CEO of the Oklahoma Technology Development Corp to assume the role of President and CEO of the San Antonio Technology Accelerator Initiative.

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People

Friday, October 25, 2002

J.A. Hans Roeterink, chief technical officer and vice president of network operations for T-Systems in New York, is the new executive director of the Alaska Science & Technology Foundation. Roeterink begins Nov. 1, succeeding Jamie Kenworthy.

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People

Friday, October 25, 2002

Dennis Yablonsky, who has been serving as CEO for both the Pittsburgh Digital Greenhouse and the Pittsburgh Life Sciences Greenhouse for most of the past year, has decided to focus exclusively on the biotech initiative. His replacement as president and CEO at the Pittsburgh Digital Greenhouse is David Ruppersberger.

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NY State Assembly Announces $11.5M for Incubators in Brooklyn, Queens

Friday, October 25, 2002

More than $11 million in two New York State Assembly grants will support several new incubators for Brooklyn and Queens. The investments were recently announced by Assembly Speaker Sheldon Silver and Assembly members representing the two boroughs.

  • Read more about NY State Assembly Announces $11.5M for Incubators in Brooklyn, Queens

Wayne State University to House Michigan's NextEnergy Center

Friday, October 25, 2002

Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.

  • Read more about Wayne State University to House Michigan's NextEnergy Center

Innovation Index Assesses Philadelphia's Position in Innovation Economy

Friday, October 25, 2002

Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.

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Communities Team with Federal Labs to Promote Tech-based ED

Friday, October 25, 2002

With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.

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NCEC Presents NASDAQ Entrepreneurial Excellence Awards

Friday, October 25, 2002

The National Consortium of Entrepreneurship Centers (NCEC) presented on Tuesday the 2002 NASDAQ Entrepreneurial Excellence Awards to entrepreneurship centers at Babson College, Indiana University-Bloomington, and Saint Louis University.

  • Read more about NCEC Presents NASDAQ Entrepreneurial Excellence Awards

Information Technology and the Labor Market

Friday, October 18, 2002

In the 1990s, the dialogue on information technology (IT) centered on dot.coms and e-commerce, and little focus was placed on the effect of IT on the labor market. Richard Freeman addresses this issue in The Labour Market in the New Information Economy, an NBER working paper released this month.

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Classified Research at MIT Should Be Off Campus, Panel Recommends

Friday, October 18, 2002

A Massachusetts Institute of Technology faculty committee has suggested that the university provide off-campus facilities to help faculty perform classified public service or research involving the nation’s security. In the Public Interest, a report of the Ad Hoc Faculty Committee on Access To and Disclosure of Scientific Information of MIT, presents recommendations for the university in handling classified work in the wake of the September 11 attacks.

  • Read more about Classified Research at MIT Should Be Off Campus, Panel Recommends

Tech-based ED RoundUp: New Beginnings

Friday, October 18, 2002

The economic downturn and continuing state and local fiscal problems are not stopping most efforts to develop tech-based economies. Here are a few examples of recent groundbreakings from around the country.

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NASA Funds Workforce Development Projects

Friday, October 18, 2002

NASA has selected 45 consortia in the National Space Grant College and Fellowship Program (Space Grant) to receive funding for aerospace workforce development. A total of $3.56 million is being awarded in response to the proposals submitted by the state organizations to NASA's Education Division in the Office of Human Resources and Education at Headquarters in Washington.

  • Read more about NASA Funds Workforce Development Projects

People

Friday, October 18, 2002

Peter Jobse has been named executive vice president and chief operating officer of Virginia's Center for Innovative Technology.

Patrick Jones, executive director of the Biotechnology Association of the Spokane Region, has been named executive director of Eastern Washington University's new Institute for Public Policy and Economic Analysis.

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People

Friday, October 18, 2002

Peter Jobse has been named executive vice president and chief operating officer of Virginia's Center for Innovative Technology.

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People

Friday, October 18, 2002

Patrick Jones, executive director of the Biotechnology Association of the Spokane Region, has been named executive director of Eastern Washington University's new Institute for Public Policy and Economic Analysis.

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People

Friday, October 18, 2002

Dennis Lower of the Biomedical Research Foundation of Northwest Louisiana is the new leader of the Louisiana Economic Development Council.

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People

Friday, October 18, 2002

Judy McKinney-Cherry is the new director of the Delaware Economic Development Office.

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People

Friday, October 18, 2002

Carl Russell has resigned as president and CEO of Tucson Technology Incubator Inc. Bo Statham, a consultant to UniSource Energy Corp. on new business development and a client adviser at the incubator, has been named interim president.

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People

Friday, October 18, 2002

Dr. Melvyn Schiavelli, senior program officer for the Harrisburg Polytechnic Development Corporation, has been named acting president and CEO, succeeding Dr. Charles Clevenger.

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People

Friday, October 18, 2002

Lt. Gov. Gary Sherrer has left his position as secretary of the Kansas Department of Commerce and Housing to become executive vice president with GoldBanc Corp. Sherry Brown, who had retired from the department, will return to serve as interim secretary.

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Michigan Life Science Initiative Threatened at Ballot Box

Friday, October 18, 2002

A ballot proposal being put forth by Citizens for a Healthy Michigan would reduce funding for Michigan Life Sciences Corridor sponsored projects by nearly $50 million annually, estimates a report released by the Michigan Economic Development Corporation (MEDC).  The annual reduction includes both the cut in direct funding and required matching funds for Corridor funded projects.

  • Read more about Michigan Life Science Initiative Threatened at Ballot Box

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Differences in industry concentrations of VDO and VC investments

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Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
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