CyberCities Report Released
All but one of the metro areas evaluated saw their high-tech industry employment grow during the last five years according to a 135-page report, Cybercities: A City By City Overview of the High-Technology Industry.
Study Finds Room for Improvement in State ED Program Auditing
An analysis of 122 audits of economic development programs in 44 states revealed many areas for improvement, according to Good Jobs First, a project of the Washington, D.C.-based Institute on Taxation and Economic Policy. Minding the Candy Store: State Audits of Economic Development, released online in September, issues harsh criticism of many public economic development efforts.
ASTF Releases First S&T Innovation Index
"High paying jobs in growth areas are critically needed to offset the decline in wealth and employment from Alaska's North Slope. These new jobs require technical innovation, capital, management, and trained workers."
Greater Philadelphia: A Challenge to Compete in the New Economy
Continuing to rest on past academic excellence and research achievement would be costly to Greater Philadelphia, according to a new report prepared by the Pennsylvania Economy League. The region's "knowledge industry" must compete with other regions and states to succeed in the New Economy.
People
Kentucky Governor Paul Patton has appointed Bill Brundage to the serve as the state's first Commissioner for the New Economy. Dr. Brundage will oversee the new Kentucky Innovations Commission, which is attached to the Governor's Office and tasked to oversee the state's $55 million New Economy initiative.
People
Kentucky Governor Paul Patton has appointed Bill Brundage to the serve as the state's first Commissioner for the New Economy. Dr. Brundage will oversee the new Kentucky Innovations Commission, which is attached to the Governor's Office and tasked to oversee the state's $55 million New Economy initiative.
People
Margie Boccieri has announced she is leaving the North Carolina Governor's Office to join Southeast Interactive Technology Funds, a Research Triangle Park venture capital firm, as its Vice President of Business Development and Strategy.
People
Lee Martin has stepped down as executive director from TennesSeed. Tom Rogers, CEO of Tech 2020, has agreed to serve as interim director of TennesSeed for a six-month period.
People
SSTI welcomes Alan Aldinger to our staff in the new position of Communications Director. Alan comes to SSTI from the office of public relations for Wittenburg University.
NIH Inventions Offered for License
The National Institutes of Health released information on six inventions that are available for license. Descriptions and contact information for each invention/patent are presented on the accompanying SSTI webpage
2nd Global Entrepreneurship Monitor Released
Does the level of entrepreneurial activity vary between countries, and, if so, by how much? Does the level of entrepreneurial activity affect a country’s economic growth? What makes a country entrepreneurial? These questions are the focus of Global Entrepreneurship Monitor 2000, (GEM 2000), a year-long study involving 43,000 individuals in 21 countries. Researchers also interviewed almost 800 experts and scholars on entrepreneurship across the world in preparation of the report.
Maine's Public R&D Investments to be Evaluated
The Maine Science & Technology Foundation (MSTF) has issued a request for proposals to conduct an "Initial Evaluation of Maine's Public Investments in Research and Development." The study, to be completed by July 1, 2001, will provide baseline data for the first comprehensive evaluation MSTF is required by law to prepare for the state legislature and Governor by July, 2006. Subsequent comprehensive evaluations are to be completed every five years. The effort will:
SF: Addressing the Digital Divide on the Metro Level
Organizations in the San Francisco Bay Area will spend more than $20 million this year to bridge the digital divide, according to Who's Funding the Digital Connect?, a report released this month by the San Francisco Foundation. More than 54 organizations will provide computer access and/or training to more than 75,000 low income and underserved individuals in one of the most technology-savvy regions in the country, according to the study.
Presidential Early Career Awards for Scientists and Engineers (PECASE) Announced
Twenty researchers supported by the National Science Foundation (NSF) received the Presidential Early Career Awards for Scientists and Engineers award late last month. The award is the highest honor bestowed by the U.S. government on outstanding scientists and engineers who are in the early stages of building their independent research careers. To receive the award, nominees must be NSF CAREER (Faculty Early Career Development) awards recipients.
$40 Billion Payoff from Academic Research Reported
The commercialization of academic research in 1999 resulted in more than $40 billion in economic activity that supported more than 270,000 jobs, according to a survey released Tuesday by the Association of University Technology Managers (AUTM). The 1999 AUTM Licensing Survey reports that business activity associated with sales of products from academic research last year is estimated to have generated $5 billion in tax revenues in the U.S.
MoneytreeTM Finds VC Slip in 3rd Quarter
Venture-based investments in the third quarter of 2000 reached $17.6 billion, a decrease of 12.5 percent drop from the record $19.8 billion reported in the second quarter of 2000, according to the latest PricewaterhouseCoopers MoneyTreeTM Survey results. Investments, however, are still nearly double the $8.9 billion reported in the third quarter of 1999.
SSTI Receives EDA Award to Support Digest
The SSTI Weekly Digest has a new sponsor, making the publication free to any and all parties interested in tech-based economic development. The Economic Development Administration, U.S. Department of Commerce, selected SSTI as one of three awardees in a competitive solicitation for national information dissemination projects. SSTI proposed dramatically expanding the content and distribution of the Digest and establishing a web-based resource center.
Growing Pains for Cities Appear as New Economy Matures
Downtown office vacancy rates are at all-time lows, leasing rates are rising, and your city is increasingly a hub for business activity. Even the old, historic structures have been rehabbed and are at capacity. Sounds like dreams for most urban economic developers, right? For a growing number of communities, however, meeting these goals is leading to “New Economy ghost towns” devoid of the foot traffic, night life, and other human activity necessary for a thriving community.
Recipients for National S&T Medals Announced
The recipients of the 2000 National Medal of Science and National Medal of Technology, the nation's highest science and technology honors, were announced this week. The National Medal of Science, established by Congress in 1959 and administered by the National Science Foundation, honors individuals for contributions to the present state of knowledge across a variety of science frontiers.
Tech Transfer Opportunities
During the past few weeks, the Department of the Navy, National Institutes of Health, and the Department of Commerce have announced the availability of 22 inventions for license. Descriptions and contact information for each invention/patent are presented on the accompanying SSTI webpage
Results in the Governors’ & Statehouse Races
While the Presidential election remains up in the air, the eleven state gubernatorial and 5,918 state legislative races produced more definitive results. Here is a brief summary.
Governors
Outcomes: Ballot Initiatives
Several ballot initiatives that affect technology-based economic development were approved by voters around the country on Tuesday, including:
Useful Stats: Change in R&D/GSP 87-97; National R&D Patterns
The National Science Foundation has released the final version of State Science and Engineering Profiles and R&D Patterns: 1997-98 (Early Release Tables were made available in May). The special report includes several statistical tables of value to states developing Innovation Indices, S&T Report Cards, or other comparative studies.
NSF Likely Winner if Congress Passes Budget this Summer
Based on the two versions of the FY 2007 budget working their ways respectively through the House and Senate, the National Science Foundation (NSF) appears to be positioned to receive its first significant increase in funding in many years. Both chambers' versions of the NSF appropriations provide increases above the FY06 appropriations in excess of 7 percent, with the full House approving an increase of 7.9 percent in June.
N.C. Budget Supports Higher Ed, Tech-Based Economic Development
Last week, North Carolina Gov. Mike Easley signed the budget agreement passed by the state's General Assembly for fiscal years 2006-07. The budget contains many adjustments favoring K-12 and higher education and several allocations for technology-based growth initiatives.