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Twenty researchers supported by the National Science Foundation (NSF) received the Presidential Early Career Awards for Scientists and Engineers award late last month. The award is the highest honor bestowed by the U.S. government on outstanding scientists and engineers who are in the early stages of building their independent research careers. To receive the award, nominees must be NSF CAREER (Faculty Early Career Development) awards recipients.

The commercialization of academic research in 1999 resulted in more than $40 billion in economic activity that supported more than 270,000 jobs, according to a survey released Tuesday by the Association of University Technology Managers (AUTM). The 1999 AUTM Licensing Survey reports that business activity associated with sales of products from academic research last year is estimated to have generated $5 billion in tax revenues in the U.S.

Venture-based investments in the third quarter of 2000 reached $17.6 billion, a decrease of 12.5 percent drop from the record $19.8 billion reported in the second quarter of 2000, according to the latest PricewaterhouseCoopers MoneyTreeTM Survey results. Investments, however, are still nearly double the $8.9 billion reported in the third quarter of 1999.

The SSTI Weekly Digest has a new sponsor, making the publication free to any and all parties interested in tech-based economic development. The Economic Development Administration, U.S. Department of Commerce, selected SSTI as one of three awardees in a competitive solicitation for national information dissemination projects. SSTI proposed dramatically expanding the content and distribution of the Digest and establishing a web-based resource center.

Downtown office vacancy rates are at all-time lows, leasing rates are rising, and your city is increasingly a hub for business activity. Even the old, historic structures have been rehabbed and are at capacity. Sounds like dreams for most urban economic developers, right? For a growing number of communities, however, meeting these goals is leading to “New Economy ghost towns” devoid of the foot traffic, night life, and other human activity necessary for a thriving community.

The recipients of the 2000 National Medal of Science and National Medal of Technology, the nation's highest science and technology honors, were announced this week. The National Medal of Science, established by Congress in 1959 and administered by the National Science Foundation, honors individuals for contributions to the present state of knowledge across a variety of science frontiers.

During the past few weeks, the Department of the Navy, National Institutes of Health, and the Department of Commerce have announced the availability of 22 inventions for license. Descriptions and contact information for each invention/patent are presented on the accompanying SSTI webpage

The Computer Systems Policy Project (CSPP), an information and communications technology (ICT) advocacy organization comprised of the industry's top chief executive officers, issued a report this week calling for a more activist federal government for encouraging innovation, entrepreneurship and education in the sciences and math.

In what may be the first gift of its kind, a $5 million cash donation has been made to a technology transfer office to endow the commercialization of new health technologies. The Cleveland Clinic announced receipt of the donation from John Ferchill, a Northeast Ohio real estate developer, in mid-December.

In 2003, Arizona Governor Janet Napolitano charged the Governor's Council on Innovation and Technology with developing specific recommendations to help diversify the state's economy. With recommendations including new and expanded tax credits, public-private venture capital, angel capital funds, workforce development and internship programs, and lobbying Washington for more funding, the governor now must find a way to finance the plan in a tight fiscal environment.

The impacts of globalization and free trade can make the task of building a vibrant local economy daunting. Given the transformation of agriculture from family farms to mega-corps and factory animal facilities, the cards seem doubly stacked against America's smallest communities — those rural towns and counties with fewer than 10,000 residents.

Diffusion of effort can be a great thing in fostering local or regional economic development because there are so many fronts on which the battle must be fought: workforce; business retention and recruitment; entrepreneurship; infrastructure; investing; and, science and technology addressing the needs of different sectors such as manufacturing, retail, service, financial or information technology.

The majority of an anonymous gift of $26.5 million to the University of Southern California (USC) will be used to increase the representation of women in the hard sciences and engineering faculty and encourage middle school girls to choose a science pathway in education. Money also will be used to create new faculty positions in the sciences, upgrade laboratories, increase scholarship aid for undergraduates, create new fellowships for graduates and fund child care.

Dr. Angeline Dvorak has been named as the first full-time president of Mississippi Technology, Inc. She will also serve as chief executive office of the Institute for Technology Development.

The Maine Science & Technology Foundation has appointed Dr. Kerri-Ann Jones as statewide director of the Experimental Program to Stimulate Competitive Research (EPSCoR).

Dr. Angeline Dvorak has been named as the first full-time president of Mississippi Technology, Inc. She will also serve as chief executive office of the Institute for Technology Development.