Correction
In last week's Useful Stats article, we incorrectly reported that South Dakota ranked last among states experiencing a public high school graduation rate less than the national average for the 2002-03 school year; in fact, the state ranked 19th. South Carolina had the lowest graduation rate for that year. We regret the error.
People
Trisha Batra was named executive director of Absolutely! Aberdeen, an economic development group serving the Aberdeen, S.D., area.
People & Organizations
William Even was named South Dakota's new economic development director.
Success Stories in University-based Entrepreneurial Encouragement
University of Buffalo Entrepreneurial Awards
An in-depth look at the one-year success of a student company to win last year's first Panasci Entrepreneurial Awards at the University of Buffalo recently was highlighted in the Buffalo News.
Alarm Sounds for New Massachusetts S&T Strategy
"If technology is at the core of the Innovation Economy, then investment in research and development is one of the principal drivers in the creation of that technology."
Report Credits Worcester's Biotech Success to 1980s ED Policies
With the emphasis many state and local tech-based economic development organizations have placed on biotechnology over the past 12-18 months, few are far enough along in implementing their strategies to point to more than a handful of successes or new construction projects. The recent explosion in public investment of resources and policies toward developing local biotech capacity is largely based on the promise of anticipated economic gains in the near or not-so-near future.
Spillovers from Academic and Industrial R&D Examined
Is a strong university research component critical to local tech-based economic development? Many argue this position, including SSTI (Using Research and Development to Grow State Economies). Using data on royalties, licenses, and job creation figures, others have demonstrated the economic contributions of university R&D.
People
Christopher Anderson has been promoted to become president of the Massachusetts High Technology Council. Prior to his appointment, Mr. Anderson served as vice president and general counsel to the organization.
South Dakota Governor's '07 Budget Features Funding for Research Centers, Higher Ed
Increased funding for research centers, a laptop program, and investments in higher education were highlighted in South Dakota Gov. Mike Rounds' fiscal year 2007 budget address last month.
People
South Dakota Gov. Mike Rounds announced that Jim Hagen will resign as secretary of the Department of Tourism and State Development, effective Jan. 17.
People
Joe Alviani has resigned as Executive Director of the Massachusetts Technology Collaborative to accept a position in the private sector. MTC Executive Vice President Philip Holahan is serving as Interim Executive Director.
Tech Talkin Govs V: The 2001 State of the State, Budget Addresses
Editor's Note: The fifth installment in our review of the Governors' inaugural addresses, state of the state addresses, and budget messages for 2001. The first four articles in the series were over the past four weeks. Those issues of the SSTI Weekly Digest and all other previous editions are available on our website: http://www.ssti.org/Digest/2001/headlines01.htm
Recent Working Papers: Defining and Measuring Productivity in the New Economy
It is widely argued in the tech-based economic development community that New Economy businesses, specifically computers and information technology, account for the tremendous economic growth of the last half of the 1990s. But does the data support this?
Recent Working Papers: Risk and Return of Venture Capital
Many tech-based economic development programs recognize the importance of having seed and venture capital accessible to their start up tech firms and entrepreneurs. Some practitioners, though, see a challenge in encouraging equity investment in more conservative, risk adverse regions and localities. The dot-com “correction” of last year probably did not help.
Job Corner: SDBIO Seeks Executive Director
The South Dakota Biotech Association (SDBIO) is seeking an executive director to manage and coordinate its daily operations, communications initiatives, government relations, member services, and marketing. The executive director will establish a yearly budget and determine funding sources, develop a strategic plan for growth and expansion, and carry out duties, as set by the board of directors. A bachelor's degree is required; an MBA or J.D. degree is preferred. Background experience with government or business also is preferred.
People
South Dakota State University named Teresa McKnight as the first permanent director of the Innovation Campus at SDSU, the university's new research park.
People
The University of South Dakota appointed Terry Young as the director of research and development, a newly created position.
State and Local Tech-based ED RoundUp
Albany, New York
Health Reseach Inc., a branch of the New York State Department of Health, is looking to move its Pharmacogenomics Institute to a vacant laboratory in Rensselaer Technology Park, according to a recent article published in the Times Union. The 25,000-square-foot building that housed the Virogenics Corp., a vaccine-research company that left in 2000, has not been officially purchased. The state expects to lease the site when the Rensselaer County Industrial Development Agency closes on the purchase.
Budget Proposals Focus on States' Investment in Research, Workforce Training
Election Preview: Voters to Decide on Statewide TBED Issues
While the Presidential election takes center stage on November 4, voters in several states also will cast their votes on statewide ballot issues affecting the TBED community. In addition to the 11 gubernatorial races and more than 5,800 state legislative seats up for grabs, voters across the nation will consider measures to provide funding for public education, expand investment in alternative and renewable energy, lift restrictions on stem-cell research, and eliminate income tax and state spending caps.
Several Statewide TBED Issues Win Voter Approval
The outcome of Tuesday's election resulted in several wins and some defeats for TBED among the more than 150 ballot measures presented to voters across the nation. Outlined below are the unofficial election results of select ballot measures from each state's respective election office and local media reports as of Wednesday, Nov. 5.
Massachusetts, Maine Innovation Indices Assess States' Readiness for the Economic Downturn
State governments are poised to play a vital role in the economic recovery through their use of federally-appropriated funds and through their internal policy responses to the global crisis. Several states are focusing on innovation as a means of recovery. Massachusetts and Maine both recently released the latest editions of their annual innovation indices. These annual publications have long helped to clarify trends in the innovation economy and provided assessment of their performance relative to other states.
TBED People and Organizations
Massachusetts Gov. Deval Patrick's secretary of Housing and Economic Development, Daniel O'Connell, resigned for personal reasons and was replaced by Greg Bialecki, an undersecretary who has been responsible for business development
SSTI Job Corner
Complete descriptions of these opportunities and others are available at http://www.ssti.org/posting.htm.