Ontario is performing from a base of strength in its transition to a knowledge-based economy, according to the Ontario Innovation Index recently released by the Ontario Science and Innovation Council (OSIC). Using 30 indicators, the report measures all aspects of the province's innovation system, from community awareness and support for science and technology (S&T) to levels of investment to support its infrastructure.

Earlier this week, the European Commission presented its strategy to respond to the March 2002 Barcelona European Council's call to raise research spending to 3 percent of the European Union's (EU) average Gross Domestic Product (GDP) by 2010. Today, Europe is at 1.9 percent on average across the member countries.

Whether it's oil, gas, mining, lumber, fishing or farming, economies dominated by natural resource exploitation are subject to periods of boom and bust. In order for the four provinces of Canada's Atlantic region to shield themselves from such market swings and scarcity problems, it is necessary to build R&D partnerships and to collaborate more than ever, concludes a report released by Dr. Alan Cornford of GPT Management Ltd., Marin Consultants, Inc. and Gardner Pinfold Consultants Ltd.

Hard evidence of the increasing global research competence discussed in the Thursby's paper above was provided last week when the Singapore Ministry of Trade & Industry (MTI) announced plans last week to commit $7.5 billion ($4.6 billion US) over the next five years to sustain innovation-driven growth through economic-oriented R&D. All figures below are in U.S. dollars.

University partnerships lead to diversity in teaching and research, highlight the importance of university research and lead to the development of special expertise, concludes a policy brief by the Conseil Superieur De L’Education in Quebec.

Backed by a Technology Foresight Fund of more than $550 million annually, the Science Foundation Ireland has given the go-ahead to a new awards system designed to attract top researchers and support industry-university partnerships.

During the 1970s, Canada routinely topped the U.S. in terms of real growth in gross domestic product per capita. As recently as 1990, Canada enjoyed the fourth highest standard of living in the world but slipped to seventh by 1999.

We read a lot of e-mail for the Digest. A lot of e-mail. We know that e-mail boxes are getting fuller all the time, so even thinking of recommending that you increase your reading load takes a lot of nerve, or a very good reason. This one is the latter.

Why do some start-up technology businesses choose to directly commercialize their innovations, taking on the industry titans as is common in the electronics industry, while other new tech firms, such as those involved in biotechnology, choose a path of cooperation with the industry leaders, commercializing through licenses, joint ventures, and outright acquisition?

Last week, Mary Harney, Ireland’s Deputy Prime Minister and Minister for Enterprise, Trade and Employment, announced the establishment of a £560m ($681M U.S.) Technology Foresight Fund to establish Ireland as a location for world class research excellence in niche areas within biotechnology and information and communication technologies. According to Reuters’ reports, funding for the new initiative will be spread over seven years.

Canada already has seen its number of biotech firms grow from 227 in 1997 to 400 in 2000, second only to the U.S. in biotech concentration. Last week's announcement of a $51 million (Canadian) biotechnology strategy is intended to further strengthen the Ontario's position in health research and commercialization.

The Institute for Competitiveness and Prosperity — the research arm of Ontario's Task Force on Competitiveness, Productivity and Economic Progress — has released a comprehensive view of Ontario's industry clusters, showing for the first time how they compare with similar clusters in other provinces and U.S. states.

The Spring 2002 edition of the Isuma, the quarterly Canadian Journal of Policy Research, is dedicated to issues surrounding the New Economy. Many of the 16 papers in the free, online issue will be of interest to readers of SSTI's Weekly Digest, including:

Savannah, Georgia

Scientific research, technological development and innovation are the heart of a knowledge-based economy, and in order to strengthen this sector in Europe, the European Union’s (EU) research budget needs to be doubled, according to a new plan released by the Commission of The European Communities.

Today's online issue of the Chronicle of Higher Education reports Microsoft Corporation is contributing $750 million to China to support computer science education, basic research, software training, and business growth.

Eisenhower Exchange Fellowships announces a competition for U.S. citizens in leadership positions with significant professional experience (10-20 years) for Fellowships to:

During the past decade, the European Union (EU) invested heavily in civilian R&D by building first-class laboratories and expanding higher education in science and engineering. Its efforts, according to the Data Brief for a new National Science Foundation report, Human Resources for Science and Technology: The European Region, are narrowing the lead the U.S. holds in R&D.

For example:

The International Institute for Management Development has released its annual World Competitiveness Yearbook, and the United States has reclaimed its spot atop the list. The U.S. was followed by Singapore, Hong Kong, Japan, and Denmark.

France

It's probably the case that not all of your travel over the next few months will be for personal vacation. Conference excursions can stimulate new ideas, add to your professional growth, and establish or strengthen opportunities for collaboration. In addition to reserving Oct. 31-Nov. 2 for SSTI's 10th Annual Conference in Oklahoma City, we encourage you to check out our web calendar of events to scan more than 140 additional opportunities for professional development.

Former Ohio Governor Richard F. Celeste was sworn in as the United States Ambassador to India last week. Celeste has been a leader in the field of technology-based economic development for the last 15 years. While governor, Celeste established Ohio's Thomas Edison Program.

Japan is on schedule to double the government's R&D investment by the year 2000, according to a June 13 National Science Foundation Issue Brief.

[Editor's Note: SSTI is excited to welcome Phillip Battle to its staff as a policy analyst. The author of this article, Phil recently received his Master in Public Affairs degree from the LBJ School at the University of Texas at Austin. His area of research interest is technology policy and economic development.]

Ireland, a country the geographic size of West Virginia and with only four million citizens, about the same as Kentucky, is launching a comprehensive strategy to significantly strengthen the nation's position in the knowledge economy by 2013. And it is investing 2.7 billion Euros by 2008 - or $3.4 billion U.S. - toward implementing more than 75 specific action items.