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NCOE Report Provides Policymakers with a New Vision of the Economy

Friday, October 18, 2002

The National Commission on Entrepreneurship (NCOE) has released the American Formula for Growth – Federal Policy and the Entrepreneurial Economy, 1958-1998, a report that provides an extensive review of the role of public policy during the “entrepreneurial revolution” of the past 40 years.

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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.

  • Read more about Tech-based ED RoundUp: New Beginnings

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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NSF Issues 24 Math and Science Partnership Awards

Friday, October 11, 2002

The National Science Foundation (NSF) recently announced 24 awards under the new Math and Science Partnership (MSP) Program — an anticipated investment of $240 million over five years in projects to improve the achievement of K-12 students in science and mathematics. The Department of Education is an NSF partner in this effort, co-funding two projects involving state education agencies.

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EDA Gives $442.5K to Innovation Philadelphia for Economic Development

Friday, October 11, 2002

Innovation Philadelphia (IP), the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia through technological leadership, received on Monday a $442,500 investment from the U.S. Department of Commerce's Economic Development Administration.

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Understanding the Impact of University R&D on Local ED

Friday, October 11, 2002

Universities and the investment they pour into R&D are "major factors" that contribute to a region's economic growth, concludes a recent report funded by the Ewing Marion Kaufman Foundation, NCOE and the U.S. Small Business Administration (SBA). The report's results show the growth occurs in less time than traditionally has been noted and that small firms innovate at a rate almost twice that of large firms.

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Encouraging Entrepreneurship in a Down Economy

Friday, October 11, 2002

The continuing layoffs of thousands of workers, particularly in the information and communication tech sectors, creates significant hardships for the affected local and regional economies. For instance, a recent Federal Reserve Bank report noted office vacancy rates in Silicon Valley hovering around 40 percent.

  • Read more about Encouraging Entrepreneurship in a Down Economy

State Fiscal Crises: Lessons For The Future

Friday, October 11, 2002

Leslie McGranahan, in Unprepared for Boom or Bust: Understanding the Current State Fiscal Crisis, highlights the problems that are inherent in state policy when dealing with the cyclical behavior of the economy.

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NASA Selects Corporation to Lead Innovative Research Institute

Friday, October 11, 2002

NASA has announced the Langley Research Center in Hampton, VA, will team with the National Institute of Aerospace Associates (NIAA), Reston, VA, to create the National Institute of Aerospace (NIA) to perform aerospace and atmospheric research, develop new technologies for the nation and help inspire the next generation of scientists and engineers.

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House Votes on FY06 Defense S&T Appropriations

Monday, June 27, 2005

As the House passed its version of the fiscal year 2006 defense appropriations bill last Monday, "Little R, Big D" once again may describe the country's R&D priorities for the largest component of the federal budget.

  • Read more about House Votes on FY06 Defense S&T Appropriations

Louisiana Creates New Orleans Bioscience District

Monday, June 27, 2005

With hopes of creating a geographic concentration of academic and private bioscience research and commercialization, the Louisiana legislature ended its 2005 session with passage of a bill creating a new development authority.

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GAO Reviews Defense Technology Transition Programs

Monday, June 27, 2005

Technology commercialization can be a slow and arduous process, often taking years to reap the benefits of the investment. Recognizing that defense technology innovations move too slowly from the lab to the field, Congress created three programs within the Department of Defense (DoD) to speed and enhance the transition.

  • Read more about GAO Reviews Defense Technology Transition Programs

Useful Stats: SBIR Awards, Proposals by State for FY 2003

Monday, June 27, 2005

With SSTI's compilation of the FY 2003 Small Business Innovation Research (SBIR) proposal and award statistics by state, tech-based economic development programs - specifically SBIR assistance and outreach efforts - now have the requisite data to evaluate conversion trends for most agencies during the four-year period 2001-2004.

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SATAI Seeks President & CEO

Monday, June 27, 2005

The San Antonio Technology Accelerator Initiative (SATAI) Network, a nonprofit organization, is accepting applications from qualified candidates to fill the position of President and CEO. The SATAI Network seeks someone with strong leadership and team-building skills, as well as experience in linking venture capital to venture creation and cultivating an environment and resources for start-up enterprises.

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2005 SSTI Conference Offers Two IEDC/CEcD Credits with Tech Square Workshop

Monday, June 27, 2005

SSTI's annual conference is already considered by many to be the nation's premier educational and networking experience for the tech-based economic development community. However, the ninth annual conference to be held October 20-21, 2005 - keeping with years past - gives certified economic development professionals even more reason to attend.

  • Read more about 2005 SSTI Conference Offers Two IEDC/CEcD Credits with Tech Square Workshop

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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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