A survey of medical technology companies and venture capital firms with a presence in the life sciences field revealed that the U.S. is at risk of losing its global leadership position in medtech innovation because of unpredictable, inefficient, and expensive regulatory processes within the Food and Drug Administration (FDA). Further, survey data indicate that innovators and medical device companies are relocating to other countries in greater numbers to take advantage of more streamlined regulatory processes and lower costs.

Nationwide downturns in durable-goods manufacturing and construction led to declining real Gross Domestic Product (GDP) in 39 states last year, according to a recent release by the Bureau of Economic Analysis. The largest declines were seen in the Great Lakes region, where Michigan, Ohio and Indiana suffered considerable losses in manufacturing. Meanwhile, Oklahoma, Wyoming and North Dakota posted the highest percentage GDP gains. Read the BEA release .

Encouraging university researchers to bring their discoveries to market is a key component of many regional innovation strategies, but entrepreneurial activity by faculty may come at a cost, according to several recent scholarly articles by Andrew A. Toole and Dirk Czarnitzki. Toole and Czarnitzki examined the publication and commercialization histories of U.S. university-based life scientists and found that engaging in entrepreneurial activities tends to lower their publication rate, even after returning to the university full-time.

TBED People
Anne Barth has been named the executive director of TechConnect West Virginia.

Joann Rockwell MacMaster has been appointed site director for the Arizona Center for Innovation at the UA Tech Park.

Catherine Renault resigned from her position as director of the Maine Office of Innovation effective December 3.

With an overall projected reserve of about $1.2 billion at the end of the 2011-13 biennium, North Dakota is well positioned to invest in growing economic sectors during a time when most states across the country are cutting programs to fill massive budget deficits. Gov. Jack Dalrymple outlined a budget for the next two years that would capitalize on the state's institutions of higher education and energy industry.

The National Institutes of Health (NIH) is seeking input from the public and NIH staff on the proposed creation of a new center that would support translational science and consolidate several existing translational research programs. The National Center for Advancing Translations Sciences (NCATS) would support the development of therapeutics and clinical care from basic research discoveries.

U.S. students perform just slightly above or below average in the three categories (reading, math and science) of the Programme for International Student Assessment (PISA) according to a new Organization for Economic Co-operation and Development (OECD) report. The report, Highlights From PISA 2009: Performance of U. S. 15-Year-Old Students in Reading, Mathematics, and Science Literacy in an International Context, provides an assessment of students' educational achievement and their ability to apply that knowledge in real world contexts.

An interagency government initiative was launched last week to promote the nation's renewable energy sector, helping to meet the goals of the National Export Initiative and President Obama's challenge to become the leading exporter of clean energy technologies. Seven government agencies, including the Department of Energy, will lead market research and discovery efforts such as identifying U.S. manufactured energy efficiency products likely to be competitive in global markets and exploring the creation of guides for foreign buyers listing technologies and services available from U.S.

The Philadelphia region increased retention of non-native students (students who are not originally from Philadelphia but attended undergraduate or graduate school in region) by 165% from 2004 to 2010 due to an increase in regional involvement opportunities for students (e.g., volunteer opportunities, internships, off-campus work opportunities and local cultural/entertainment activities), according to a new survey by Campus Philly.

The Council of Development Finance Agencies (CDFA) is asking for support in its effort to amend the current federal tax bill to extend the bond finance provisions of the Recovery Act. These provisions include the Build America Bonds, the Recovery Zone Bonds, the elimination of the alternative minimum tax on tax-exempt bonds, extending the Federal Home Loan Bank authority to issue letters of credit on tax-exempt non-housing bonds and continuing the relief offered to bank-qualification 501(c)3 bonds. The Senate version of the bill, which did not extend the provisions, passed on Wednesday.

The Georgia Tech Enterprise Innovation Institute (EI2), Community Innovation Services, is seeking a group manager for research. The EI2 Community Innovation Services team supports communities with economic and community development research, analysis and planning. Projects range from strategic planning to workforce analysis, from fiscal impact analysis of new or expanding firms to sustainable development strategies for communities of all sizes.

Earlier this week, President Barack Obama signed the reauthorization of the COMPETES Act, extending the federal competitiveness initiative that provides funding for numerous science, STEM education and commercialization programs. Though the final bill represents a significantly scaled-back version of the legislation passed in May by the House, the final version will allow the programs introduced in the COMPETES Act to continue for another three years.

A $25 million fund providing grants for tech commercialization, matching funds for research, and funding to attract "star" researchers to Virginia's universities is a key component of Gov. Bob McDonnell's $54 million Opportunity at Work agenda presented to lawmakers as part of his amendments to the 2010-12 budget. The governor's budget also includes $5 million for a refundable R&D tax credit and an extra $50 million for higher education directed toward increasing college access and economic development opportunities.

The 11th Annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural Addresses across the nation. The first edition includes excerpts from speeches delivered in the following states:

Building on the state's seven economic clusters identified to grow the economy through targeted investments in emerging industries, Gov. Gary Herbert is asking lawmakers to provide $500,000 in FY12 to plan and identify for additional projects. The Utah Cluster Acceleration Partnership (UCAP) is a collaboration of leaders from industry, state government, higher education, and workforce charged with developing strategies to develop industry-driven education and training services, leverage resources from higher education to accelerate industry clusters, and identify best practices.

After two years of stagnancy, venture-backed company exits improved dramatically in 2010, according to the National Venture Capital Association (NVCA). The increase was driven by a record-breaking market for acquisitions and the best quarter for initial public offerings (IPOs) in ten years. NVCA attributes the uptick in IPOs to a surge in Chinese venture-backed companies going public on U.S. exchanges.

Connecticut has certified its first fund manager under the state's revised Insurance Reinvestment Tax Credit program, which has now expanded beyond its focus on insurance-related companies to support early stage and high-tech firms. Advantage Capital Partners has raised $72 million to invest under the revamped program. Fund managers may invest in any Connecticut-based business. One quarter of the investments must support green technology firms, and three percent must go toward pre-seed stage projects.

The opportunities for improving the partnership your TBED effort has with the federal government appear to be improving rapidly. Are you ready? Is the TBED community ready? SSTI's Annual Conference theme, Seize the Moment, was developed around this growing momentum. Timely and highly interactive plenary sessions, 16 intensive breakout sessions and some of the most forward-thinking TBED practitioners and policymakers will be on hand with hundreds of your peers at SSTI's Annual Conference, Oct 21-23. Shouldn't you be there?

Congressional conferees on the FY10 Consolidated Appropriations Act picked the higher funding level between the House and Senate versions of the FY10 budget on many line items of interest to the TBED community. Despite its high-wage job potential, direct support for innovation-based regional growth strategies is not as easy to come by in the federal budget as is money for conventional economic development/infrastructure projects.

The FY10 Consolidated Appropriations Act that passed Congress during the past week includes $124.7 million for the Manufacturing Extension Partnership (MEP) and $69.9 million for the Technology Innovation Partnership (TIP). Both initiatives are within the National Institute of Standards & Technology. MEP is a nationwide network of centers that strives to make U.S. manufacturers leaner, more competitive and more innovative.

The program has not been authorized yet, but that did not stop Congress from including $2 million in the FY10 Consolidated Appropriations Act for the Federal and State Technology Partnership Program (FAST). The funding, tucked in one sentence of the conference report for the Small Business Administration appropriations, will provide grants to state-based SBIR/STTR outreach and assistance programs on a competitive basis. Enabling legislation for FAST is contained in SBIR’s Reauthorization, which has been stalled in contentious conference negotiations for several months.

To help train future scientists and support cutting-edge research in health and environmental issues, Alaska Gov. Sean Parnell is recommending $109.5 million in the FY11 capital budget for the University of Alaska Life Sciences Facility in Fairbanks. The multi-purpose teaching and research facility would house the Department of Biology and Wildlife and accommodate a wide-range of research programs, reports Fairbanks Daily News-Miner.

To keep alive the underground deep science laboratory, a National Science Foundation (NSF) research priority for scientific discovery in geophysics, Gov. Mike Rounds is asking lawmakers to approve $5.4 million in special appropriations for bridge funding through May 2011. During his budget presentation to the legislature last week, Gov. Rounds told lawmakers the $35 million allocated toward the effort in 2004 and 2005 would run out this month and $250 million in anticipated NSF funding would not be available until 2011.

Three University of Idaho agricultural research and extension centers slated for possible closure this month due to budget cuts will remain open through June following monetary pledges from industry groups. Last week, the state Board of Education accepted a $1.5 million offer from the J.R. Simplot Co. allowing the Parma Extension and Research Center to remain open for the next five years in return for up to half of the center’s 100 acres of cropland and other facilities for the company’s own research, reports The Idaho Statesman.

In an effort to spur greentech innovation, the U.S. Patent and Trademark Office has announced that the next 3,000 green technology patent filings will be eligible for an accelerated review process. About 25,000 pending applications will also be eligible for the pilot program, which could shave as much as a year off the process. Read more at: http://www.uspto.gov/news/pr/2009/09_33.jsp.