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Good News for Pittsburgh and Michigan “Brain Drain”

Friday, September 28, 2001

Many areas of the country are lamenting the workforce challenges presented by the out-migration of technically skilled college graduates, a “brain drain” for short. Two studies released during the past few days, however, provide positive data to the contrary for Michigan and the Pittsburgh, Pennsylvania metro region.



Michigan

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Return on Federal Biotech Investment Working, NIH Says

Friday, September 28, 2001

Thirteen months ago, the General Accounting Office issued an unfavorable report on the licensing and royalty returns the National Institutes of Health (NIH) receive for commercialization of technologies resulting from federal funds (see: http://www.ssti.org/Digest/2000/081800.htm).



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State & Local Tech-based ED Round Up

Friday, September 28, 2001

Alabama

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Indicators Suggest Need for Tech-Based ED Growing

Friday, September 28, 2001

A series of separate economic reports, revenue forecasts, and analyses of current trends released during the past week suggests the need for local, regional and state efforts to grow tech-based economies is increasing. As economic development practitioners and policymakers in science and technology prepare for the 2002 program, legislative, and budget cycles, they may want to consider:

  • Read more about Indicators Suggest Need for Tech-Based ED Growing

Grant Opportunities Highlight Value of Mathematics

Friday, September 28, 2001

The National Council of Teachers of Mathematics (NCTM), through the Mathematics Education Trust, funds special projects that enhance the teaching and learning of mathematics at all levels. An organization valuing the use of instructional technology tools, NCTM currently has at least 10 grant opportunities supporting in-service programs, the improvement of professional competence and other related causes.



  • Read more about Grant Opportunities Highlight Value of Mathematics

NSF Awards $65 Million for Nano Centers

Friday, September 21, 2001

Earlier this week, the National Science Foundation (NSF) announced awards estimated to total $65 million over five years to fund six major centers in nanoscale science and engineering. The awards are part of a series of NSF grants – totaling $150 million in fiscal year 2001 alone – for nano research in multiple disciplines. 



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Butler County Lays Out $100 Million Tech Strategy

Friday, September 21, 2001

In an effort to create a high tech center, officials in Ohio's Butler County anticipate spending more than $100 million during the next five years to increase telecommunications, biomedical innovations, electronic commerce, and other research. Funding for the measure would come from as much as a half-penny sales tax hike, according to a story published August 1 by the Cincinnati Enquirer. 



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International Contributions to Understanding and Encouraging Cluster Formation

Friday, September 21, 2001

Whether it's called clusters or localization economies, the aggregation of firms in the same or closely related industries has captured the attention of many state and local tech-based economic development efforts. Understanding the phenomenon and formulating effective public policy to encourage or support clustering presents challenges for practitioners and researchers alike. 



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TA Examining American IT Workforce Programs

Friday, September 21, 2001

The development and application of new information technologies across virtually every segment of the American economy has resulted in rapid, sustained growth in demand for highly skilled information technology (IT) workers. The Department of Labor estimates between 1983 and 1998 the number of high-skilled IT workers increased from 719,000 to 2,084,000 – an increase of 190 percent, more than six times the overall U.S. job growth rate during this period. 



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Ag-Related Tech-based ED Shorts

Friday, September 21, 2001

The 2001 Farm Bill 

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Web Site of Tech Resources for Nonprofits Launched

Friday, September 21, 2001

Declaring September “Nonprofits & Technology Month,” the Foundation Center has launched a website presenting myriad financial and technical assistance resources to support the acquisition and use of information technology in nonprofit organizations.

  • Read more about Web Site of Tech Resources for Nonprofits Launched

SSTI Conference Rescheduled for December 3-4

Friday, September 21, 2001

SSTI’s fifth annual conference, Creating Opportunity: Tools for Building Tech-based Economies, has been rescheduled for December 3-4. The agenda and location of the conference remain the same.

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U.S. Entrepreneurial Activity Increased in 2003, But Job Growth Lags, Study Finds

Monday, July 26, 2004

Encouraging entrepreneurship has been a predominant focus since the recession and jobless recover, but a recent report from one of the country's leading colleges for entrepreneurial education cautions the current wave of new business starts will not cure many job woes.

  • Read more about U.S. Entrepreneurial Activity Increased in 2003, But Job Growth Lags, Study Finds

NASA, NSF Take Hits in House Budget

Monday, July 26, 2004

It seems discussion on Capital Hill of the burgeoning federal deficit is loudest when the House, Senate or Administration considers the VA, HUD and Independent Agencies appropriations bill. Perhaps the bill always serves as the fall guy because alphabetically it is the last of the 13 appropriations bills Congress considers, then ignores and then hurriedly mushes together with the other unpassed funding bills several months into the new fiscal year.

  • Read more about NASA, NSF Take Hits in House Budget

Flat CDFI Funding Rare "Highlight" in House VA, HUD, Independent Agencies Bill

Monday, July 26, 2004

In an appropriations bill where cuts are viewed as good news -- compared to the President's request for program termination, that is -- the small Community Development Financial Institutions (CDFI) Fund could consider itself very lucky after Friday's full House Appropriations Committee mark-up of the VA-HUD and Independent Agencies bill.

  • Read more about Flat CDFI Funding Rare "Highlight" in House VA, HUD, Independent Agencies Bill

Governor's $30.5M New Economy Initiative Funded in Delaware

Monday, July 26, 2004

July has been a tech-friendly month for Delaware Gov. Ruth Ann Minner. On July 14, the Biotechnology Industry Organization (BIO) named her "BIO Governor of the Year," recognizing her contributions toward growing the state's biotechnology industry, one of the strongest concentrations in the country. Further attesting to her grasp of biotech issues, Gov. Minner also serves as a co-chair of the National Governors Association Biotechnology Partnership.

  • Read more about Governor's $30.5M New Economy Initiative Funded in Delaware

House Passes Committee Legislation to Reauthorize MEP

Monday, July 26, 2004

Earlier this month, a Science Committee bill that would reauthorize the Manufacturing Extension Partnership (MEP) program and create a more robust manufacturing sector cleared the U.S. House of Representatives.

  • Read more about House Passes Committee Legislation to Reauthorize MEP

South Dakota Dedicates $2.8M to University Research Centers

Monday, July 26, 2004

Gov. Mike Rounds announced last week the creation of four new specialized research centers at the state's public universities. The $2.8 million in awards mark South Dakota's first foray into using university-based research investments as a tool to grow the state's economy, the governor said.

The four 2010 Research Centers are:

  • Read more about South Dakota Dedicates $2.8M to University Research Centers

SSTI Weekly Digest Turns 400

Monday, July 19, 2004

There are less than 100 of our readers - now approaching a total of 100,000 - that may be able to look into their electronic mailboxes and even eight-year-old paper files to see that this issue of the SSTI Weekly Digest is our 400th. What began in March 1996 as a two-page weekly fax to key science and technology leaders in most states has evolved into the one of the most widely read e-news sources for the tech-based economic development community in the U.S.

  • Read more about SSTI Weekly Digest Turns 400

Ontario Commits $63M to Commercialization Strategy

Monday, July 19, 2004

If you consider North America's public investment to encourage economic growth through science and technology at the state or provincial government level, Ontario should be in your top 10. And the recent injection of $63 million for technology commercialization might have bumped the province of 12 million residents up a place or two.

  • Read more about Ontario Commits $63M to Commercialization Strategy

British Launches 10-year Science & Innovation Investment Plan

Monday, July 19, 2004

Science Spending to Rise £1B Over Next 3 Years Alone

"..because we want Britain to be the most attractive location in the world for science and innovation, we are setting a new and ambitious target of increasing UK R&D investment as a proportion of national income from its current level of 1.9 percent to 2.5 percent by 2014 over the next decade."

  • Read more about British Launches 10-year Science & Innovation Investment Plan

France Creating NSF-like Agency

Monday, July 19, 2004

One Goal would see Science Share of GDP Surpassing US before 2010.

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Austrian Paper Recommends Differentiated Approach for Innovation Policy

Monday, July 19, 2004

Innovation policy approaches need to address specific challenges, problems and opportunities found in different types of regions, according to a new research paper from the Vienna University of Economics and Business Administration. The paper, One Size Fits All? Towards a Differentiated Policy Approach With Respect to Regional Innovation Systems, was presented at the recent German Institute of Economic Research conference.

  • Read more about Austrian Paper Recommends Differentiated Approach for Innovation Policy

City, Chamber Partner for Birmingham Future as Tech Mecca

Monday, September 10, 2001

If the corporate leaders, educators, scientists, and technology entrepreneurs who make up the Birmingham Area Technology Task Force have their way, Birmingham, Alabama in the 21st century will be a mecca for technology-based businesses and jobs.

  • Read more about City, Chamber Partner for Birmingham Future as Tech Mecca

Study Finds Public Universities Generate 5:1 Return on State Investment

Monday, September 10, 2001

State and land-grant universities provide major stimulus to their state and regional economies – generating jobs, attracting and helping create new high-tech businesses, and increasing state tax revenues in addition to providing a well-educated work-force, according to Shaping the Future – The Economic Impact of Public Universities. The study, prepared by National Association of State Universities and Land-Grant Colleges (NASULGC), is based on a survey of its 212 member institutions.

  • Read more about Study Finds Public Universities Generate 5:1 Return on State Investment

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
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A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
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The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
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