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Perspective: Split Congress requires bipartisan work to advance tech

Thursday, November 17, 2022

Enough races have now been called in the 2022 midterm elections to confirm that the Senate will remain under Democratic party control while the House will switch to the Republican party. If any legislation is going to advance to the White House over the next two years, the parties are going to need to work together — both across and within each chamber (where Senate filibuster rules and House politics are likely to make bipartisan votes a necessity to passing bills).

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It’s time to compensate 1890 universities for decades of unfair funding

Thursday, August 3, 2023

In 1862, during the Civil War, Congress passed the Land-Grant Agricultural and Mechanical College Act of 1862 (a.k.a. the Morrill Act of 1862). This legislation extended educational opportunities for many White working-class Americans. But it did little to extend education to Black people. The Morrill Act of 1890 passed 28 years later created new land grant institutions to address the issue of Black peoples’ access to higher education. But racial inequities between the two land-grant systems have persisted into the present day.

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China biting at US heels in R&D spending

Thursday, August 3, 2023

A report from ITIF warns that China is catching up with the U.S. in private R&D funding. If this trend continues, China could surpass the U.S.

  • Read more about China biting at US heels in R&D spending

OMB issues final guidance on Made in America provisions

Thursday, August 31, 2023

On August 14, 2023, OMB issued final guidance on requirements for all infrastructure projects using federal financial assistance. The final guidance requires preferences for American-made steel and iron products, manufactured products, and construction materials. The release of the final guidance follows the signing in November 2021 of the Bipartisan Infrastructure Law (BIL), which includes the Build America, Buy America Act (BABA).

  • Read more about OMB issues final guidance on Made in America provisions

Strong winds forecast to bring low-cost energy and good-paying jobs

Thursday, August 31, 2023

The U.S. Department of Energy (DOE) has released three 2023 annual reports showing that wind power is one of the fastest growing and lowest cost sources of electricity in America and is poised for rapid growth. DOE reports that wind energy provided 10% of total electricity nationwide with wind making up more than 60% of Iowa’s power and over 40% in Kansas, Oklahoma, and South Dakota. New utility-scale land-based wind generation capacity added in 2022 was the equivalent of powering 2.5 million American homes.

  • Read more about Strong winds forecast to bring low-cost energy and good-paying jobs

3D printing could catapult US manufacturing

Thursday, August 31, 2023

Additive manufacturing, also known as 3D printing, has so far been used for simple construction. In this process, a computer creates three-dimensional objects by depositing materials, usually in layers. But now, the National Institute for Standards in Technology (NIST) is working to unlock additive manufacturing’s potential.

  • Read more about 3D printing could catapult US manufacturing

EDA receives 378 applications for Tech Hubs competition

Thursday, August 31, 2023

The U.S. Department of Commerce’s Economic Development Administration (EDA) has received 378 applications from 48 states for Phase 1 of the Regional Technology and Innovation Hubs (Tech Hubs) competition. In total, 48 states and three territories submitted 378 Tech Hubs Phase 1 applications.

  • Read more about EDA receives 378 applications for Tech Hubs competition

JOLTS data metrics: a look at the long-term trends

Thursday, May 25, 2023

A new data analysis of the Job Openings and Labor Turnover Survey (JOLTS) by SSTI indicates again the significant impact the pandemic had on the manufacturing sector. While job openings in manufacturing ranged on a monthly basis from 0.8 to 3.9% of total manufacturing employment in the 20 years prior to the pandemic, it jumped to as much as 7.4% in April 2022. Job openings in manufacturing increased dramatically after the pandemic, presumably as a result of the American economy attempting to adjust for disrupted supply chains and a move to bring more manufacturing back to the U.S.

  • Read more about JOLTS data metrics: a look at the long-term trends

Comments to the USPTO regarding AI and inventorship

Thursday, May 25, 2023

More than 50% of the patents granted in 2020 were related to AI, according to a USPTO report. Considering this large volume of AI-related patents, the office recently sought feedback regarding AI inventorship. Key points made by AUTM, BIO, Google, IBM, and Microsoft are summarized here.

AUTM made the following statements in response to USPTO’s comments:

  • Read more about Comments to the USPTO regarding AI and inventorship

New funding opportunities support the electrification of America's transportation sector

Thursday, May 25, 2023

Residents in disadvantaged communities could soon see progress toward equitable availability of clean mobility options due to two recent initiatives from the U.S. Department of Energy (DOE)'s Vehicle Technologies Office (VTO). A new funding opportunity from VTO brings $99.5 million in addition to the current selection of 45 projects totaling $87 million. DOE designed both to help to “onshore and re-shoring domestic manufacturing of key technologies and infrastructure that are critical to reaching the nation’s clean transportation future.”

  • Read more about New funding opportunities support the electrification of America's transportation sector

Large percentage of Americans report they’re struggling to make ends meet

Thursday, May 25, 2023

Almost 40% of American adults report they struggle to make ends meet each month, an increase from 34.4% in 2022 and 26.7% in 2021. At 46.2%, Louisiana had the highest percentage reporting financial struggles followed by Mississippi (45.7%) and Arkansas (45.6%). Additionally, 11.3% of adults in households in the U.S. experienced some or very frequent times when they did not have enough to eat from April 26 through May 17, 2023. That percentage fell below the national average in 24 states, with Louisiana weighing in with more people (15.6%) going hungry than anywhere else.

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Useful Stats: Microbusinesses executed $6.1 billion of domestic R&D in 2021

Thursday, January 11, 2024

In 2021, U.S. microbusinesses reported $8.1 billion in research and development (R&D) expenditures, of which the microbusinesses themselves performed 75% ($6.1 billion) The $6.1 billion in microbusiness-performed R&D represents an increase of 9% over the prior year and 17% since 2019. Microbusinesses are those with nine or fewer employees.

  • Read more about Useful Stats: Microbusinesses executed $6.1 billion of domestic R&D in 2021

SBA Growth Accelerator Fund Competition Opens January 8

Thursday, January 11, 2024

The U.S. Small Business Administration (SBA) announced the 2024 Growth Accelerator Fund Competition (GAFC) on January 8. The competition offers $50,000 to $200,000 in prize awards “for impactful and inclusive approaches to foster a thriving, collaborative national innovation support ecosystem to advance research and development (R&D) from ideas to impact.” The competition is not intended to provide capital directly to companies for R&D projects. The prizes will be awarded in two stages.

  • Read more about SBA Growth Accelerator Fund Competition Opens January 8

Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses

Thursday, January 11, 2024

With the start of the new year, governors have begun to deliver their State of the State addresses, laying out proposals for new programs and discussing the conditions of their states. As states’ revenue levels return to more typical levels, lawmakers, with a few exceptions, are taking a more cautious, or constrained, view of their funding priorities and proposed initiatives.

  • Read more about Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses

Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Thursday, January 11, 2024

Last week (Jan. 3), Maryland’s state comptroller released the state’s first State of the Economy report.

  • Read more about Maryland’s first State of the Economy report finds almost a decade of stalled economic and population growth

Development impacts of disasters revealing longer-term effects on regional growth

Thursday, January 11, 2024

Since 1980, billion-dollar climate disasters in the United States have increased an astonishing 749%, from averaging 3.3 throughout the 1980s to 28 in 2023 alone. These data from the NOAA National Centers for Environmental Information include floods, wildfires, droughts, severe storms, tropical cyclones, and winter storms.

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Useful Stats: An overview of 2023 VC activity

Thursday, January 18, 2024

United States venture capital activity not unexpectedly slowed down in 2023, cooling off after multiple years of record-high deals and values during 2021 and 2022, according to the PitchBook-NVCS Venture Monitor Q4 2023. Pitchbook-NVCS estimates a total deal count of 15,766 (13,608 actual + 2,158 estimated) for 2023– exceeding the values of 2020 and prior years but falling several thousand short of the last two years.

  • Read more about Useful Stats: An overview of 2023 VC activity

NSF releases updated tools for profiling US state trends in science and engineering

Thursday, January 18, 2024

NSF recently released updates on two ways of profiling trends in science and engineering at the state level: Science and Engineering State Profiles and Science & Engineering Indicators.

  • Read more about NSF releases updated tools for profiling US state trends in science and engineering

Artificial intelligence and the US labor market

Thursday, January 18, 2024

Artificial intelligence (AI) is already well integrated into the American workforce; in 2022, 19% of American workers were in jobs identified as most exposed to AI, compared to 23% in the least exposed jobs, according to a study by Pew Research. Jobs identified as most exposed are those in which the most critical responsibilities can either be replaced or assisted by AI.

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Nearly 1 in 5 US workers are over 65 as retirements are delayed

Thursday, January 18, 2024

The workforce is growing older, and that’s very likely a good thing for U.S. productivity. Various statistics reveal the active workforce over 65 is more likely to have higher education levels than historically, working at a 0.75 full-time equivalent rate on average, and is working for lower wages on average than younger workers.

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Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses—Part 2

Thursday, January 18, 2024

In this week’s continuing coverage of gubernatorial addresses as they impact the innovation economy, New Mexico Governor calls for $170 million to bolster hydrogen, geothermal and next-generation battery storage. Rhode Island Governor proposes building a new life science school at the University of Rhode Island and cybersecurity bond to grow Rhode Island College’s cybersecurity program. Meanwhile, West Virginia’s governor proposes increasing spending to attract people to move to the state.

  • Read more about Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses—Part 2

Useful Stats: Trends in graduate students and postdocs by field of study

Thursday, February 15, 2024

Graduate student enrollment and postdoctoral appointments have shifted in fields of study over the past decades, with many fields exploding in graduate enrollment and postdoctoral appointments. Computer and information sciences graduate students jumped from just 4% of all science enrollments in 1975 to nearly a quarter of the total by 2021, while engineering postdocs in biological, biomedical, and biosystems engineering jumped 5,671%– increasing from 3% in 1975 to 19% of all engineering postdocs by 2021.

  • Read more about Useful Stats: Trends in graduate students and postdocs by field of study

Michigan Governor’s proposed FY 2025 spending plan includes $60M for Innovation Fund

Thursday, February 15, 2024

Last week, Michigan Governor Gretchen Whitmer presented her Fiscal Year 2025 Executive Budget recommendations to a joint session of the House and

  • Read more about Michigan Governor’s proposed FY 2025 spending plan includes $60M for Innovation Fund

St. Louis focus on innovation has an eye on equity

Thursday, February 15, 2024

Editor’s note: SSTI is committed to helping its members create economies that are equitable and inclusive. The following article is part of a series highlighting how different organizations ensure all people within their communities can benefit from today’s economy and lessons learned in their work.

  • Read more about St. Louis focus on innovation has an eye on equity

Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses—Part 6

Thursday, February 15, 2024

In this week’s continuing coverage of gubernatorial addresses as they impact the innovation economy, governors from Connecticut, Maryland, and Wyoming discussed their state’s past economic and educational achievements and laid out their vision for this year as the states return to revenue and funding normalcy after years of federal pandemic aid ends. Connecticut’s governor announced that UConn and Yale are collaborating on quantum computing research, and he called for the funding of a biotech hub in New Haven.

  • Read more about Tech Talkin’ Govs 2024: Innovation agendas from the governors’ State of the State addresses—Part 6

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What the proposed redefinition of “professional degrees” might mean for institutions, sectors, and workforce pipelines

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Recent Research: Do mergers and acquisitions spur more or less innovation?

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TBED Works: TBED organization supports the creation of entrepreneurship ecosystems throughout Indiana

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