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AUTM Uncovers $1 Billion in Higher Education Royalties

Friday, March 8, 2002

More than $1.26 billion in royalties were collected by U.S. colleges and universities in FY 2000, according to the tenth annual licensing survey released by the Association of University Technology Managers (AUTM). In addition, the FY 2000 Annual AUTM Licensing Survey reported 347 new products were introduced to market and at least 454 spin-off companies were created by the institutions, where inventors filed for more than 8,500 U.S. patents. 



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State Support Critical for Keeping Public Tuition Affordable, Study Finds

Friday, March 8, 2002

A decline in state appropriations at four-year public institutions of higher education was the single most important factor associated with increases in tuition, according to a report released in February by the National Center for Education Statistics (NCES) within the U.S. Department of Education 



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College Board Reports Sharp Tuition Increases for 2001-2002

Friday, March 8, 2002

Trends in College Pricing 2001, the College Board's annual survey of more than 3,000 schools reported that college tuition and fees in 2001-2002 had increased an average of between 5.5 and 7.7 percent at four-year institutions, and between 5.5 and 5.8 percent at two-year institutions. Undergraduates at American colleges are paying, on average, from $96 to $890 more than last year for tuition and fees this year, depending on the type of institution.

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NACUBO: Endowment Losses Fuel Further Pressure on College Tuitions

Friday, March 8, 2002

At -3.6 percent, college endowments posted their biggest losses since 1984 for the fiscal year ending June 30, 2001, according to the annual endowment survey conducted by the National Association of College & University Business Officers (NACUBO). Fortunately, the decline in investment revenues follows a 13 percent return for FY2000. 



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Higher Ed Facing Further Budget Cuts in Many States

Friday, March 8, 2002

With the latest National Conference of State Legislatures survey revealing 45 states are dealing with falling revenue projections and 37 already report budget gaps in next year's revenue forecasts (see http://www.ssti.org/Digest/2002/021502.htm), the number of states proposing or considering cuts to higher education for FY 2003 continues to grow. 



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Study Uncovers Trend Toward More Part-time Faculty

Friday, March 8, 2002

The National Center for Education Statistics (NCES) 1999 National Study of Postsecondary Faculty (NSOPF:99), the third in a series, presents the results of a 1998 survey conducted of institutions' policies and practices affecting faculty. Among the findings -- a large proportion, about two-fifths, of all faculty worked part time.

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Administration Requests Less for Most EPSCoR Programs

Friday, March 8, 2002

With the release of the President's FY 2003 budget request, five of seven federal programs designed to help state universities in 21 states were slated for cuts or total elimination. Collectively known as the EPSCoR programs, short for Experimental Program to Stimulate Competitive Research, the emphasis began in 1979, with an innovative National Science Foundation (NSF) program intended to improve the research competitiveness of those states that have received lesser amounts of federal R&D funding. 

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Three Useful Stats Revisited

Friday, March 8, 2002

In our occasional Useful Stats series in the SSTI Weekly Digest over the past few months, SSTI published online tables for three statistical measures that can be used as indicators of a state's relative position or, when collected over time, progress toward specific tech-based economic development goals involving academic performance or research. Links to the full reports from which the statistics are derived are provided on each table's web page. 



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Additional Reports and Resources

Friday, March 8, 2002

Over the past few years, the SSTI Weekly Digest has covered several reports concerning universities, their economic impact and research and development issues. Some of these are highlighted below. In addition, on SSTI's Resources web page are links to several academic associations and organizations that follow the topics discussed in this special issue more closely. 



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Useful Stats: 2001 Digest of Educational Statistics Released

Friday, March 8, 2002

On March 1, the National Center for Educational Statistics released the 597-page Digest of Educational Statistics, 2001. Included in the tome are several hundred tables covering demographic data for all levels of education. Highlights of relevance to this special Higher Education issue of the SSTI Weekly Digest include: 

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University Tech Parks in the News

Friday, March 8, 2002

Illinois 

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New Awards System in Ireland to Draw Top Researchers

Friday, March 1, 2002

Backed by a Technology Foresight Fund of more than $550 million annually, the Science Foundation Ireland has given the go-ahead to a new awards system designed to attract top researchers and support industry-university partnerships.



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Landmark ARC Reauthorization Bill Sent to President for Approval

Friday, March 1, 2002

An historic, five-year reauthorization bill for the Appalachian Regional Commission (ARC) awaits only the President's signature after being approved Tuesday by Congress.



President Bush is expected to sign the legislation into law, making the reauthorization of ARC the longest in its history and only the second congressional reauthorization of the agency since the Carter Administration.



The reauthorization bill contains several key provisions:

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EDA Offers $335 Million for State & Local Economic Development

Friday, March 1, 2002

The Economic Development Administration (EDA) has $335 million available for grants to support state, regional and community efforts to create wealth and minimize poverty by promoting a favorable business environment to attract private capital investment and high skill, high wage jobs through world-class capacity building, infrastructure, business assistance, research grants and strategic initiatives.



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Third Innovation Policy and the Economy Program Set

Friday, March 1, 2002

While some practitioners have centered themselves on running programs and shoring up budgets during the present fiscal crisis, other efforts are underway, including that of the Innovation Policy and the Economy (IPE) group of the National Bureau of Economic Research (NBER).



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Incubators in the News

Friday, March 1, 2002

During the last eight weeks, communities across the U.S. have witnessed the rise or fall of small business incubators. Here are some of the developments:



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People

Friday, March 1, 2002

In January, Phil Bond, the Undersecretary for Technology in the U.S. Department of Commerce, took on the additional responsibilities as Chief of Staff.



James Hayward, CEO of a biotech materials supply company, has been named the first chairman of the Long Island Life Sciences Initiative. Joseph Scaduto is serving part-time as the new executive director for the group.



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People

Friday, March 1, 2002

In January, Phil Bond, the Undersecretary for Technology in the U.S. Department of Commerce, took on the additional responsibilities as Chief of Staff.

  • Read more about People

People

Friday, March 1, 2002

James Hayward, CEO of a biotech materials supply company, has been named the first chairman of the Long Island Life Sciences Initiative. Joseph Scaduto is serving part-time as the new executive director for the group.

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People

Friday, March 1, 2002

John Hightower, executive director of the Baton Rouge Technology Council for the past seven months, has resigned to resume a career in public relations and lobbying. The Council has started a search for his replacement.

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People

Friday, March 1, 2002

Don Smith has been appointed Vice President for Economic Development at the new Mellon Pitt Carnegie Corporation. MPC, a joint venture of the University of Pittsburgh and Carnegie Mellon University, is intended to coordinate the economic development and tech commercialization activities of both schools.

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People

Friday, March 1, 2002

Jack Sommer is the new executive director of the Rhode Island Technology Council. Sommer previously worked with Student Advantage in Boston.

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People

Friday, March 1, 2002

The Indiana Technology Partnership named Jim Wheeler as its new president. A former partner with Andersen LLP, Wheeler takes the position vacated by Tom Miller last fall.

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Canada Launches National Innovation Strategy, $125M in Scholarships

Friday, February 22, 2002

During the 1970s, Canada routinely topped the U.S. in terms of real growth in gross domestic product per capita. As recently as 1990, Canada enjoyed the fourth highest standard of living in the world but slipped to seventh by 1999.



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Index, White Paper Offer Foray into Silicon Valley

Friday, February 22, 2002

While Silicon Valley lost jobs last year — the first decline since 1992 — value added per employee, a measure of productivity, increased 4.6 percent to $170,000 compared to $56,000 nationally, according to the Index of Silicon Valley 2002 released in January by Joint Venture: Silicon Valley Network.



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