Last month, New Jersey Gov. Jon Corzine signed a bill that will contribute $270 million to the construction of five biotechnology research facilities across the state. The funding source will be bonds backed up by cigarette tax revenue, as issued by the New Jersey Economic Development Authority. Gov.
California Gov. Arnold Schwarzenegger has announced that his proposed budget for 2007-08 will include a $95 million initiative to support new and existing facilities for high-tech research. The California Research and Innovation Initiative would provide funding to several university-based projects around the state hosting clean energy, biotechnology, and nanotechnology research and commercialization activities. Gov.
Hawaii Gov. Linda Lingle has submitted her budget proposal to the state legislature for the fiscal biennium 2007-09, including significant increase in the amount allocated for certain state economic development entities. The High Technology Development Corporation (HTDC), a state agency that develops and supports Hawaii’s science and technology resources, would grow from average annual expenditures of $4.2 million in the 2005-07 biennium cycle to $9.8 million in the next cycle.
In his inaugural address last week, Vermont Gov. Jim Douglas announced a four-part plan to bolster research and high-tech economic development. The governor’s Vermont Way Forward strategy would promote high-tech business, particularly in the state’s emerging environmental engineering industry. In addition, the strategy includes a plan to make Vermont what the governor says would be the country’s first “e-state,” one in which universal access to broadband and wireless technology are available anywhere within the state’s borders.
South Carolina Gov. Mark Sanford announced that his budget for fiscal year 2007-08 will include a request for $2 million to bring high-speed Internet access to rural parts of the state. This allocation from the state’s Capital Reserve Fund would be used to create a Rural Broadband fund to increase broadband penetration in underserved communities and is designed to boost economic development by providing Internet access to students, businesses and entrepreneurs.
The National Science Foundation (NSF) has released the 2005 statistics for science and engineering (S&E) doctorate awards. Science and Engineering Doctorate Awards: 2005 details trends in doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
As you begin to fill in your 2007 calendar, remember to mark Oct. 18-19, 2007 to attend SSTI's 11th annual conference in Baltimore! Past attendees know SSTI's conference is the perennial premiere professional development event for the TBED community. And 2007 will be no exception. The conference will be held at the Renaissance Baltimore Harborplace Hotel, right on the city's exciting waterfront.
This is the second installment of SSTI’s look at the Inaugural, Budget and State of the State Addresses delivered in the past week. With a heavy emphasis on alternative energy, TBED priorities continue to receive significant time in the speeches delivered by the nation’s governors at the start of the 2007 legislative season. Selected excerpts of new initiatives are provided below:
Arkansas
The gradual aging of the American workforce and the domestic migration of young workers may be at fault for slow economic growth in many states that have historically been successful in promoting high-tech business, according to this year’s Index of the Massachusetts Innovation Economy.
Recently, Enterprise Florida Inc. and the Minnesota Department of Employment and Economic Development joined SSTI as state sponsors. We are pleased to have 38 state science and technology (S&T) organizations show their commitment to technology-based economic development as state sponsors. Our members see value in the educational opportunities, technical assistance and quality research information SSTI provides.
The first two installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Indiana
Business community advocacy for public investments in technology-based economic development (TBED) may make the difference between legislators appropriating programs $1 million or $100 million.
We greatly appreciate the praise and suggestions we've received from readers regarding the Tech-based Economic Development (TBED) Resource Center, a cooperative project of the U.S. Department of Commerce's Office of Technology Policy and SSTI. The new online library contains links to more than 1,300 research reports, strategic plans, best practices and impact analyses from state and federal government, university researchers and foundations.
To fulfill a goal within the state's 2010 Initiative of becoming a recognized leader in research and technology development, the South Dakota Department of Tourism and State Development will operate an Office of Commercialization under the direction of Mel Ustad, current Interim Vice President for Research at the University of South Dakota.
Anyone working with an entrepreneur knows they like to write their own rules. The latest survey characterizing the world's pool of entrepreneurial talent finds a large majority of them also write their own checks to finance their businesses. It's easier to write - and change - the rules when you also control the purse strings.
Large industrial or technology firms are often sought by economic development recruiters to serve as anchors for cluster development. Once an anchor is attracted, policymakers often nurture local industrial districts as ways to promote transmission of technical know-how and deepen industrial relationships. Does the strategy work?
Many regions support local knowledge clusters in the hopes that geographic proximity will promote technology diffusion and enhance industrial competitiveness. A working paper from Italy suggests the effectiveness of such clusters or science parks depends upon the nature of the firms and institutions involved.
A recent collection of weekly headlines gathered by the Montana Associated Technology Roundtables brought to our attention the annual world academic rankings compiled by the Institute of Higher Education at Shanghai Jiao Tong University.
For the past two years, the school has identified the world's top 500 academic institutions based on a weighted scale of six indicators:
Areas working to encourage the growth of technology companies and build tech-based economies have a new resource to aid their cause. A new website, the Tech-based Economic Development (TBED) Resource Center (http://www.tbedresourcecenter.org), offers users the chance to learn from others’ experiences and benefit from the latest research on building a tech-based economy.
Arkansas Gov. Mike Huckabee, State of the State Address, Jan. 10, 2005
Most of the nation's governors use the winter months to publicly lay out their agendas, visions and budget requests for the coming year. The text of State of the State Addresses, Budget Messages and, to a lesser extent, Inaugural Addresses, often reveals each governor's legislative priorities and new initiatives to be pursued over the coming months.
Hoping to combat and reverse job losses in the manufacturing sector, Pennsylvania Gov. Edward Rendell outlined his blueprint for recovery last month, entitled "Manufacturing Innovation."
Ah, the difference positive revenue figures make for some states' tech-based economic development (TBED) portfolios! In mid-December, Virginia Gov. Mark Warner introduced an amended 2004-2006 biennial budget that is the most favorable yet during the Warner term for programs to promote economic growth through strategic investments in science and technology.
A December gathering of leaders from many of the nation's largest companies raised what could be considered a battle cry for the U.S. to take more seriously the implications of globalization.
The National Science Foundation (NSF) has issued the detailed statistical tables for Science & Engineering Doctorate awards for 2003. As was done for 2002, 2001 and 2000, SSTI has compiled a 50-state table presenting the number of degrees and rank for each major field of science & engineering. In addition, SSTI has used population in the form of "S&E doctorates awarded per 100,000 residents" to standardize the data to facilitate comparisons across states.