To help business incubator managers match start-up businesses with private investors through an Internet-based network, the National Business Incubation Association (NBIA) has partnered with LocalFund, Inc., a network service provider based in Billings, Mont.
Michigan Governor John Engler on Thursday unveiled NextEnergy— a comprehensive economic development plan to make Michigan a leader in the research, development, commercialization and manufacture of alternative energy technologies such as hydrogen fuel cells.
Preparing an index or report card is often a useful tool for tech-based economic development efforts to assess a geographic area's relative performance across selected statistics or indicators. The outcomes measured, if considered temporally, can help decision makers identify and shift policy and investment priorities for their community, region or state.
Mississippi Band of Choctaw Indians (MBCI) Tribal Chief Phillip Martin and Mississippi Technology Alliance President and Chief Executive Officer Angie Dvorak recently announced a partnership to help foster science-based economic development for the state of Mississippi. The alliance's partnership with a tribal government is possibly the first of its kind in the U.S.
Changes have led the business community to redefine its performance standards, government to rethink its goals and nonprofits to redouble their efforts to meet rising demands, according to a new report published by the Three Sector Initiative, a collaboration of seven organizations representing business, government and nonprofits.
The first three installments of SSTI's annual look at how TBED will play in the 2005 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Hawaii
If the success of its funded companies is revealing, the Maine Technology Institute (MTI) has done well to spur innovative activity in Maine, suggests an independent analysis recently released in the state.
Is Pennsylvania getting enough bang -- or the right bang -- from its investments in promoting a tech-based economy? The state has been one of the nation's leading public investors in technology-based economic development (TBED) for more than 20 years. Programs have evolved and been added over the years as factors affecting innovation and private sector growth changed. The result is now Pennsylvania's researchers and entrepreneurs have a complex portfolio of public-private resources available to them.
Goal is improved service delivery, advocacy for tech community
To produce a more focused and effective effort in the areas of commercialization and advocacy, the Illinois Coalition has divided into two separate public-private organizations.
The Kauffman Foundation recently launched "Giving Back to Entrepreneurship," a website dedicated to informing entrepreneurs how they can use their energy and creativity to support their communities and help jumpstart the next generation of entrepreneurs.
As a percentage, Silicon Valley has lost more jobs over the past four years than any U.S. metropolitan area since 1939, but evidence shows the region is stabilizing with a return to levels reminiscent of the late 1990s. Funding for venture capital is up, per capita income is increasing, and research and development funding has reached new highs. Yet, the region's most striking feature of late is, perhaps, the way it is growing, according to the 2005 Index of Silicon Valley.
Editor's Note: Last week's issue of the Digest included a Recent Research item, Are Leading Firms Team Players? that drew an animated reaction from a reader whose opinion SSTI holds in great respect because of his contributions to improving the understanding and delivery of technology-based economic development initiatives. As a result, Dr.
New York Governor George Pataki recently announced a multimillion plan to transform the aging 300-acre W. Averell Harriman State Office Building Campus in Albany, N.Y., into a world-class research and development technology park.
Ten rural communities and the technologies being used within them are the focus of Networking the Land: Rural America in the Information Age, the latest report released by the National Telecommunications and Information Administration (NTIA) of the Department of Commerce.
Economic development leaders within the Cedar Rapids/Iowa City Technology Corridor have joined other areas of the U.S. in marketing the area as one unified region. Elected representatives from 10 cities and two counties located in the Cedar Rapids/Iowa City Technology Corridor recently signed a joint proclamation as a statement of support for the Corridor’s targeted industry cluster development regional efforts.
In Perfectly Competitive Innovation, a March 2002 research department staff report for the Federal Reserve Bank of Minneapolis, Michele Boldrin and David K. Levine address whether current copyright, licensing and patent laws which grant monopolist rights to inventors beneficial or harmful to the innovation process. The authors suggest the latter in certain markets.
Industrial R&D intensity — measured by the ratio of industry R&D to Gross State Product (GSP) — can be a useful S&T indicator, because it indicates the level of private sector R&D activity and standardizes the data to eliminate geographic, demographic, historical, and natural resource differences among the states.
Want to expand broadband in your state or community? Looking to launch a biotech initiative? Getting into commercializing university research? Are tight budgets leading to more rigorous program evaluation? Or do you simply want to help your community understand the importance of technology?
On Wednesday, Pennsylvania Governor Mark Schweiker officially launched Pennsylvania's Life Sciences Greenhouse, an historic initiative to be spread among three regions of the state — Southeast, Southwest and Central Pennsylvania.
[Note: SSTI defines a technology council as a regional entity that is membership-based and independently funded with science and technology-based economic development as one of its primary goals. National trade associations and government-created technology councils which serve in an advisory or policy role are excluded from this discussion.]
One of the biggest obstacles many communities and states face to building tech-based economies is convincing traditional businesses, institutions and the general population to embrace change, technological advance, and innovation. A common element of many strategic plans is at least one recommendation or even an entire report dedicated to changing perceptions of the community or state toward being a technology mecca — or at least getting people to think about and recognize the importance of science and technology investments.
More Funding Sought For Pell Grants
Formerly the marketing manager for a local software firm, Mary Bergeron recently was named the new executive director of the Baton Rouge Technology Council.
Formerly the marketing manager for a local software firm, Mary Bergeron recently was named the new executive director of the Baton Rouge Technology Council.