For many practitioners, the quickest summary of a recent 16-page analysis from the Federal Reserve Bank of New York might be "something has to change." Looking at job creation since the recovery began three years ago, Richard Freeman and William Rogers III state in The Weak Jobs Recovery: Whatever Happened to "The Great American Jobs Machine"? that this is the worst recovery in all post-World War II recoveries.
The quality of the economic performance assessment of federal programs has improved, but gaps still remain in the application of the measures used, according to the latest report by the U.S. Government Accountability Office (GAO).
A new resource published by the Economic Policy Institute (EPI) argues that indices claiming to measure the same thing - namely, the capacity or potential for economic growth - often vary widely in their results and are not effective yardsticks of economic potential.
More than $11 million in two New York State Assembly grants will support several new incubators for Brooklyn and Queens. The investments were recently announced by Assembly Speaker Sheldon Silver and Assembly members representing the two boroughs.
Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.
Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.
With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.
The National Consortium of Entrepreneurship Centers (NCEC) presented on Tuesday the 2002 NASDAQ Entrepreneurial Excellence Awards to entrepreneurship centers at Babson College, Indiana University-Bloomington, and Saint Louis University.
The use of Congressional earmarks on federal agency budgets to support projects and programs in academic institutions has exploded since 1996, according to statistics compiled by and reported in the September 27, 2002 issue of the Chronicle of Higher Education.
With more than 1,000 links to socio-economic data sources, EconData.Net provides a convenient and valuable starting point for gathering information to understand regional economies. Funded by the Economic Development Administration, EconData.Net is a 100 percent free website offering easy access to state and sub-state socio-economic data for practitioners, researchers, students and data users in general.
Minnesota Technology, Inc. (MTI), the state's leading tech-based economic development corporation, currently is searching for a dynamic individual with top-notch skills to help bring federal technology transfer activities to Minnesota companies.
Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.
Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.
Anthony Armstrong returns to the Indiana 21st Century Research and Technology Fund as its new director.
Bay Area Regional Technology Alliance (BARTA) has been renamed the TechVentures Network as the Bay Area's leading source of access to financing, business data and services for emerging technology.
John Bradley is the Tennessee Valley Authority's as its first chief of economic development. Bradley had been senior vice president of economic development at the Memphis Regional Chamber of Commerce.
Randy Goldsmith resigned as President & CEO of the Oklahoma Technology Development Corp to assume the role of President and CEO of the San Antonio Technology Accelerator Initiative.
J.A. Hans Roeterink, chief technical officer and vice president of network operations for T-Systems in New York, is the new executive director of the Alaska Science & Technology Foundation. Roeterink begins Nov. 1, succeeding Jamie Kenworthy.
Dennis Yablonsky, who has been serving as CEO for both the Pittsburgh Digital Greenhouse and the Pittsburgh Life Sciences Greenhouse for most of the past year, has decided to focus exclusively on the biotech initiative. His replacement as president and CEO at the Pittsburgh Digital Greenhouse is David Ruppersberger.
The U.S. can watch as another country significantly expands its investments in innovation. This time it's France, as newly appointed Prime Minister Dominique de Villepin last month announced that the national government will double its funding from €500 million to €1 billion for the Industrial Innovation Agency (IIA), and give €350 million to the National Research Agency (ANR).
Just over two months ago, Acting Gov. Richard Codey announced budget shortfalls were delaying the state's $380 million stem cell research initiative (see the April 25 issue of the Digest).
In its third special session of the year, Mississippi legislators passed House Bill 3, an economic development package of grants and loans for high-tech and existing industry, including Gov. Barbour’s Momentum Mississippi Initiative.
Within days of taking office in January, Utah Gov. Jon Huntsman Jr. dismantled the Department of Community and Economic Development and promised to make significant changes to how Utah approaches wealth generation and economic growth.
The latest Fiscal Survey of States reveals that many states still face tough budget challenges, despite the fact that extreme revenue shortfalls of the past have subsided. The survey, which measures the fiscal health of states, is conducted semi-annually by the National Association of State Budget Officers (NASBO) and the National Governors Association (NGA).
Research continues to point to universities and public research organizations as the engines of innovation. But how does one build bridges between academics and industry that result in formal research agreements and specific problem-solving approaches? Two French studies suggest academic research with links to industry and across disciplines enhance the transfer of knowledge, focusing on directly applicable outcomes.
Recently released U.S. Bureau of Economic Analysis (BEA) data show Nevada outpaced all other states in the percent growth of its real gross state product (GSP) over the period 2000-2004. The western state's real GSP grew from nearly $74.8 billion in 2000 to more than $90 billion in 2004, a 20.8 percent change, based on 2004 estimates.