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People

Friday, November 14, 2003

John Calvin, Secretary of the South Dakota Department of Tourism and State Development, has announced his resignation effective Dec. 15.

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People

Friday, November 14, 2003

TechPoint, Indiana's statewide technology council, has named Cameron Carter to serve as president and chief executive officer.

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People

Friday, November 14, 2003

U.S. Navy Rear Admiral Thomas Q. Donaldson, V has been appointed Director of the John C. Stennis Space Center (SSC), effective Jan. 5, 2004.

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People

Friday, November 14, 2003

Carol Ann Dykes is the new president of the National Association of Management and Technical Assistance Centers.

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People

Friday, November 14, 2003

The new position of vice president of research and health services at the University of South Carolina will be filled by Harris Pastides.

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Legislative Actions & Tech Talkin' Govs 2006, Part II

Monday, May 8, 2006

The second installment to Walkin' the Tech Talkin' Gov Walk (see the April 17 issue of the Digest) covers the outcomes of the 2006 legislative sessions within four states, Connecticut, Florida, Hawaii and Kentucky. Following is a synopsis of bills passed and budget appropriations relevant to tech-based economic development and the priorities outlined in respective gubernatorial addresses at the beginning of 2006.

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Recent Research: Getting Growth Wrong: U.S. Ranks 28th in Global Environmental Index

Monday, May 8, 2006

The annual Earth Day celebrations provide an opportunity for the least environmentally friendly corporations and politicians in America to appear green by sponsoring litter pick-ups or standing in front of hydrogen fueled cars. More often, however, the U.S. policy debate sees a "jobs versus environment" battle, or most recently, cheaper gas versus environmental integrity.

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Recent Research: Ernst & Young Report Sees VC Globalizing

Monday, May 8, 2006

A significant increase in venture-backed exits is signaling a new phase in the evolution of the global venture capital industry, according to a report released May 3 by Ernst & Young. Venture-backed company exits grew in value and number in 2005, as the U.S.

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Making Summer Travel Plans? Check Out SSTI's Calendar of TBED Events

Monday, May 8, 2006

It's probably the case that not all of your travel over the next few months will be for personal vacation. Conference excursions can stimulate new ideas, add to your professional growth, and establish or strengthen opportunities for collaboration. In addition to reserving Oct. 31-Nov. 2 for SSTI's 10th Annual Conference in Oklahoma City, we encourage you to check out our web calendar of events to scan more than 140 additional opportunities for professional development.

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SSTI Accepting Bids for 2007 Annual Conference

Monday, May 8, 2006

With preparations for SSTI's 10th Annual Conference in Oklahoma City on Oct. 31-Nov. 2 well underway, we have received many questions from local, regional and state organizations wanting to host the premier event for the tech-based economic development (TBED) profession in 2007. Because of the increased interest, SSTI has bumped up its schedule for selecting the 2007 site. We are accepting nominations of host organizations and locations for SSTI's 11th Annual Conference until July 30, 2006.

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Ohio Voters Reject $500M Tech Bond Issue

Friday, November 7, 2003

By a narrow margin, Ohio voters on Tuesday rejected a constitutional amendment that would have permitted the state to issue up to $500 million in bonds over 10 years to fund technology-based economic development projects. Defeated 51 percent to 49 percent, Issue 1 would have made up the final component of Gov. Bob Taft's proposed 10-year, $1.6 billion Third Frontier project. The remaining $1.1 billion is unaffected by Tuesday's vote.

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Think Tank Finds State Fiscal Crisis To Carry Into FY05

Friday, November 7, 2003

State budget woes will continue into fiscal year 2005, reports the Washington-based Center on Budget and Policy Priorities. According to the five-page A Brief Overview of State Fiscal Conditions and the Effects of Federal Policies on State Budgets, FY05 estimates released by 21 state budget offices project a combined total shortfall of up to $33 billion — or 9 percent of those states' expenditures.

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USDA, SBA Agreement Supports Rural Areas

Friday, November 7, 2003

To stimulate business development and job growth in rural areas, officials of the U.S. Department of Agriculture (USDA) and the U.S. Small Business Administration (SBA) signed on Oct. 31 a collaborative agreement to create the Rural Business Investment Program (RBIP). The initiative will allow newly formed venture capital investment companies to leverage private capital funds with government financial assistance and to obtain both government and private grant resources for technical assistance.

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North Carolina Creates Rural Entrepreneurship Institute

Friday, November 7, 2003

Coupling manufacturing's sharp employment drop with the perennial struggles of a rural economy and the current economic downturn can cause massive struggles for many of the country's sparsely populated areas. The closure or significant downsizing of one manufacturing plant can be terminal for a small, rural town.

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Maryland Supports For-Profit to Speed Tech Commercialization

Friday, November 7, 2003

With the support of Maryland's Department of Business and Economic Development (DBED), BrainChild Maryland was launched this week to identify and capitalize on Maryland's most promising new technologies. The for-profit company will identify university and federal lab technologies that have the greatest potential for becoming viable products and services.

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International Trademarking Easier With U.S. Treaty

Friday, November 7, 2003

The process of registering trademarks in multiple countries became simpler on Nov. 2 when an international treaty administered by the World Intellectual Property Organization (WIPO) entered into force in the U.S.

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Young, Single College Grads Still Mobile and Urban, Census Bureau Reports

Friday, November 7, 2003

Young, single, college-educated people are moving to large metropolitan areas, often to central cities — a trend that defies the general population’s outward migration from the same areas, according to a report based on Census 2000 data released by the U.S. Census Bureau today.

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Useful Stats: Net Migration by State and Metro Area

Friday, November 7, 2003

Based on the Census report and accompanying data, SSTI has prepared two summary tables presenting net migration figures for the 1995-2000 for each state and for the 276 Metropolitan Statistical Areas in the U.S. For each table, the jurisdictions are ranked by numerical gain or loss in migration.

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Indiana Outlines Objectives to Raise Per Capita Income by 2020

Monday, May 1, 2006

Just over a year since its creation, the Indiana Economic Development Corporation (IEDC) has released a strategic plan calling for the state to potentially increase its support for several new tech-based economic development initiatives. IEDC's Accelerating Growth: Indiana's Strategic Development Plan outlines nearly two dozen action items along three themes: innovation, talent and investment.

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KTEC Pipeline to Match Kansas Entrepreneurs with Training, Mentors, Money

Monday, May 1, 2006

The metaphor of a pipeline is often used for describing the innovation process and, specifically, the health of a regional innovation system. Sustaining knowledge-based growth requires a steady flow of ideas, people and capital. Often, the flow can be weak in one of these areas -- or clogged by other factors such as lack of key resources or programs.

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NSF: Drop in Industrial Support for Academic R&D Continued into 2004

Monday, May 1, 2006

For the third consecutive year, industrial support of U.S. academic research dropped, according to an April 2006 InfoBrief by the National Science Foundation (NSF). The 2.6 percent decrease in fiscal year 2004 from the previous year is the sharpest yet in the three-year trend, following a 1.1 percent reduction in FY 2003 and 1.6 percent in FY 2002.

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International Innovation Investments Announced in France, Russia, China

Monday, May 1, 2006

France

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Recent Research: Eminent Scholars and Economic Development

Monday, May 1, 2006

[Editor’s Note: The following discussion regarding the research’s relevance to state and regional TBED policy is SSTI’s. It will not be found in the working paper, nor do we mean to suggest these conclusions were drawn by professors Zucker and Darby.]

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Useful Stats: State Patent Figures, 2001-2004

Monday, May 1, 2006

The United States Patent and Trademark Office (USPTO) provides online reports presenting the number of patents filed within each state distributed across technology sector or organization. Patent activity is considered an important indicator for measuring innovation and understanding economic growth.

  • Read more about Useful Stats: State Patent Figures, 2001-2004

South Dakota Governor Sets Aggressive Targets In 7-year ED Plan

Friday, October 31, 2003

In 2010, the end of Gov. Mike Round's second term – should South Dakota voters choose to grant him one – residents of the state will have several precise ways to measure whether or not he delivered on his economic development goals. Gov. Round's 2010 Initiative, released Oct. 15 at Mount Rushmore, is built on a few, very specific and quantifiable goals in tourism revenues, entrepreneurship, and R&D. They include:

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
manufacturing
CHIPS and Science Act

Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
useful stats
gdp
manufacturing

National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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