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Minnesota, Texas Capture Two DHS Centers

Monday, May 3, 2004

The U.S. Department of Homeland Security (DHS) recently selected Texas A&M University and the University of Minnesota to lead the second and third Homeland Security Centers of Excellence (HS-Centers). The department anticipates providing Texas A&M University, the University of Minnesota and their partners with a total of $33 million over the course of the next three years to address security in two key agricultural sectors -- foreign animal diseases and food security.

  • Read more about Minnesota, Texas Capture Two DHS Centers

States Building R&D Capacity Through Endowed Faculty Positions

Monday, May 3, 2004

Studies have shown a strong correlation between high-wage economic growth and university research activity. Examination of nearly every strong regional technology center across the country will reveal at least one research university within its boundaries. As a result, many state and local technology-based economic development (TBED) efforts strive to increase the quantity and quality of university R&D undertaken within their boundaries.

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Carnegie Mellon Reviews University-Cluster Interrelationship

Monday, May 3, 2004

A study released last week by the Economic Development Administration (EDA) and Carnegie Mellon University's Center for Economic Development finds that, within a region, universities are best able to affect the growth of young, emerging clusters. The study, Universities and the Development of Industry Clusters, concludes a "university must have a large base of research and development in order to significantly impact a cluster..."

  • Read more about Carnegie Mellon Reviews University-Cluster Interrelationship

Useful Stats: Change in Per Capita Personal Income by State 1998-2003

Monday, May 3, 2004

One of the differences between technology-based economic development (TBED) and more traditional approaches to promoting economic growth is TBED's orientation that while all jobs may be important, they are not created equal. Traditional economic development may provide millions of dollars for financial incentives and infrastructure construction assistance for a shopping mall or "big box" retailer that provides many poverty-level wage positions or part-time jobs.

  • Read more about Useful Stats: Change in Per Capita Personal Income by State 1998-2003

Florida Commits $1B in Pension Funds to Venture Capital Firms

Monday, April 26, 2004

In an attempt to attract more bioscience firms, Florida will invest up to $1 billion of its $102 billion employee pension fund into venture capital, the State Board of Administration recently announced. A forum was held last week by Enterprise Florida, the state's economic development agency, to outline the investment plan to more than 80 venture capitalists in attendance.

  • Read more about Florida Commits $1B in Pension Funds to Venture Capital Firms

Wisconsin Gov. Signs Bills to Create Start-Ups, Improve Manufacturing Climate

Monday, April 26, 2004

Two legislative bills encompassing economic development priorities of Gov. Jim Doyle’s Grow Wisconsin initiative recently were signed to provide assistance for both entrepreneurs and manufacturers.

  • Read more about Wisconsin Gov. Signs Bills to Create Start-Ups, Improve Manufacturing Climate

Nation's Position as Innovation Leader at Stake, Say Industry and Academia

Monday, April 26, 2004

The U.S. cannot take its position as a world leader of innovation and research for granted, suggest new initiatives sponsored by the National Science Foundation (NSF) and the Task Force on the Future of American Innovation. A report released on April 21 by NSF states the U.S. must take action, pointing out that invention requires both ingenuity and a skilled workforce.

  • Read more about Nation's Position as Innovation Leader at Stake, Say Industry and Academia

Small Firms Play No Small Role in Innovation Economy

Monday, April 26, 2004

Small firms, as much as large ones, may be key to the nation's ability to innovate, particularly in emerging fields, according to data published by the U.S. Small Business Administration (SBA). A report released earlier this year by SBA's Office of Advocacy shows that large firms in the biotechnology, medical electronics, semiconductor, and telecommunications industries are citing patents by small firms in higher-than-expected numbers.

  • Read more about Small Firms Play No Small Role in Innovation Economy

Useful Stats: 2001 Federal Extramural R&D by State

Monday, April 26, 2004

The National Science Foundation has released a new statistical report entitled Federal Funds for Research and Development: Fiscal Years 2001, 2002, and 2003. Included among the 112 tables are 10 presenting the 2001 data by geographic distribution, performer and federal agency.

  • Read more about Useful Stats: 2001 Federal Extramural R&D by State

SSTI Weekly Digest Takes Spring Break

Friday, March 23, 2001

The SSTI Weekly Digest will be taking a brief spring break and will resume publication on Friday, April 6.

  • Read more about SSTI Weekly Digest Takes Spring Break

Ag-based Economic Development for the New Economy

Friday, March 23, 2001

Few economic sectors have experienced the combined economic, technological, social, biological, and – now with threats of mad cow and foot-and-mouth diseases – medical pressures that confront American agriculture. Adding the challenges of competing in the knowledge-based economy presents a formidable task for rural regions.



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Additional California Funding Offered for Rural Telecom Efforts

Friday, March 23, 2001

Complementing California’s support for New Valley Connexion, described above, is the state’s $2 million Rural E-Commerce program. Administered by the Division of Science, Technology and Innovation within the California Technology, Trade & Commerce Agency, Rural E-Commerce provides grants to non-profit organizations, educational institutions, and local governments for innovative, community-driven solutions to the telecommunications challenges faced by rural residents.

  • Read more about Additional California Funding Offered for Rural Telecom Efforts

Rhode Island Explores Tax Changes for High Tech

Friday, March 23, 2001

Eliminating all state taxes on long-term capital gains and providing incentives to encourage biotech start-ups and investment are among the recommendations advanced in The Competitive Edge: Rethinking Rhode Island Tax Policy for Success in the New Economy, the first report from the Tax Competitiveness Committee of the Rhode Island Economic Policy Council (RIEPC).

  • Read more about Rhode Island Explores Tax Changes for High Tech

Connecticut Releases Draft Plan for IT Workforce Development

Friday, March 23, 2001

With 26 percent more of its workforce involved in information technology (IT) than the national average and with IT-producing industries growing faster in the state than the national average, Connecticut has possibly felt the pinch of the IT worker shortage more than other parts of the country. Add to that the fact that the number of IT-related graduates from the state’s universities and community colleges declined during the late 1990s.



  • Read more about Connecticut Releases Draft Plan for IT Workforce Development

People

Friday, March 23, 2001

President Bush has announced several more nominations for key positions for the tech-based economic development community, including:

  • Read more about People

People

Friday, March 23, 2001

President Bush has announced several more nominations for key positions for the tech-based economic development community, including:

  • Read more about People

People

Friday, March 23, 2001

Roberto Salazar is leaving his post as the Director of the New Mexico Office of Science and Technology at the end of March to assume the position of State Director of the USDA's Rural Development Agency for New Mexico.



  • Read more about People

Kansas Primes Biotech, Entrepreneurship with Cool Half-Billion

Monday, April 19, 2004

A minimum $500 million 10-year investment to encourage biotech and entrepreneurship may soon become a reality for Kansas. With Gov. Kathleen Sebelius' approval of the Kansas Economic Growth Act, Kansas will set in motion a variety of new programs to encourage research, innovation and technology commercialization.

  • Read more about Kansas Primes Biotech, Entrepreneurship with Cool Half-Billion

SSTI Analysis: The Value of Statistics for TBED: Part Two

Monday, April 19, 2004

SSTI looks at paper on research parks

  • Read more about SSTI Analysis: The Value of Statistics for TBED: Part Two

Czech Republic Making $418M TBED Investment

Monday, April 19, 2004

With its economy already outpacing the average growth for the member states of the Organisation for Economic Co-operation and Development (OECD) for the past five years, the Czech Republic is injecting 348 million euros ($417.6 million US) into several tech-based economic development (TBED) initiatives.

  • Read more about Czech Republic Making $418M TBED Investment

Maine Laptop Program Paying Benefits

Monday, April 19, 2004

When first proposed in 2000, the concept was radical, controversial and expensive. Simply give a wireless laptop to all seventh and eighth grade students and teachers in the entire state of Maine.

  • Read more about Maine Laptop Program Paying Benefits

Three New Reports Examine Manufacturing Evolution As Restructuring Continues

Monday, April 19, 2004

Plagued by job loss and fierce global competition over recent years, several new reports indicate the manufacturing sector is beginning to see a revival as the industry continues to undergo long-term restructuring. Brief summaries of each report are provided below:

  • Read more about Three New Reports Examine Manufacturing Evolution As Restructuring Continues

EDA Offers $411 Million for Local Economic Development

Friday, March 16, 2001

The Economic Development Administration (EDA) is offering nearly $411 million in financial assistance for distressed areas. The agency has already begun accepting proposals and will continue to do so until the $410,972,866 allocated for FY 2001 is exhausted. EDA seeks proposals for projects that will significantly benefit areas experiencing or threatened with substantial economic distress, and targets assistance to communities with the highest economic distress.

  • Read more about EDA Offers $411 Million for Local Economic Development

Accessing Capital: News from the South

Friday, March 16, 2001

While venture capital is harder to come by these days in most parts of the country due to the dot-com crash and stock market declines, investment capital may flow more easily in two southern states based on two initiatives.



Florida: $450 Million for CAPCOs Considered

  • Read more about Accessing Capital: News from the South

Michigan Launches Two Initiatives for Tech-based Education

Friday, March 16, 2001

During the first days of March, Michigan Governor John Engler announced the implementation of two programs through the Michigan Virtual University to integrate information technology into the state’s education system.



Laptops for Teachers

  • Read more about Michigan Launches Two Initiatives for Tech-based Education

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