economic impact report

Review Calls for External Scientific Oversight for CA Stem Cell Research

In a new report, the National Academies' Institute of Medicine (IOM) praises the remarkable research output of California's Institute for Regenerative Medicine (CIRM) during its first seven years, but recommends several changes in oversight that could improve the quality and defensibility of its work. IOM suggests that external scientific reviews and independent oversight of the institute's management could help ameliorate concerns about conflicts of interest and increase transparency.

Leadership Wanted: U.S. Public Opinions on Manufacturing

A new report released by Deloitte on "U.S. Public Opinions on Manufacturing" reveals that a strong majority of Americans consider manufacturing to be the most important industry in the country. But while nearly two-thirds of Americans (64 percent) believe our manufacturing industry can be globally competitive in the 21st century, most Americans (46 percent) see the manufacturing sector getting weaker or at best staying the same (32 percent).

Coming Home: A Look at the U.S. Reshoring Movement

Manufacturers across the nation celebrated National Manufacturing Day on Friday and the topic on many people's minds was reshoring.

Big Data: The Next Big Thing in Economic Development?

In 2012, Big Data has become one of the hottest topics in the news and the minds of both government and business leaders. Big Data is the collection and analysis of data that is too big, growing too fast or is too complex for existing information technology systems to handle.

Online Tool to Help Practitioners Weigh, Assess and Communicate Investments

Borrowing from an industry sector phrase used to describe a complete view of investment impact, the Economic Development Administration (EDA) unveiled its new Triple Bottom Line tool to help economic development practitioners and investors assess, compare and communicate the potential impact of projects. EDA says the triple bottom line approach can help better align economic development investments with other community priorities to maximize impact.

Kentucky's Innovation Economy Review in Report

Businesses that received Kentucky incentives reported creating 55,173 jobs between 2001 and 2010, according to a report from the Anderson Economic Group (AEG). In addition, each year approximately 33,000 jobs were maintained due to the incentives. In 2010, the gross cost to the commonwealth was $140 million and averaged $3,330 per job per year between 2001 and 2010.

Report Highlights Economic Impact of Tech Transfer on U.S. Economy Between 1996 and 2010

The Biotechnology Industry Organization (BIO) released a report on the significant economic impact of university and nonprofit institution patent licensing on the U.S. economy between 1996 and 2012. According to The Economic Contribution of University/Nonprofit Inventions in the United States: 1996-2010, the economic impact data related to patent licensing from university and nonprofit institutions indicated:

MA, RI Release State Innovation Benchmark Studies

TBED organizations in Massachusetts and Rhode Island recently published comprehensive reviews of their respective state innovation economies. Both studies employ metrics of the general economy, as well as indicators of STEM education, research, venture investment and technology industry activity. They also use data from other state economies to track their progress in creating a vibrant and sustainable innovation ecosystem. The reports provide a useful set of innovation metrics that can be applied in other regions.

Massachusetts

U.S. Manufactures Face a Shortage of Skilled Workers, According to New Report

American manufacturing companies cannot fill as many as 600,000 skilled positions — even as unemployment numbers hover at historic levels — according to Boiling Point? The Skills Gap in U.S. Manufacturing, a new report from Deloitte and the Manufacturing Institute. This annual skills report provides a stark snapshot of the manufacturing sector's inability to find qualified workers.

New ITIF Report Benchmarks National Policies and Programs Supporting Manufacturers

The Information Technology & Innovation Foundation (ITIF) released International Benchmarking of Countries' Policies and Programs Supporting SME Manufacturers — a new report that identifies and analyzes manufacturing support programs and practices for small- and medium-sized enterprises (SMEs) that have been implemented in ten foreign countries (i.e., Argentina, Australia, Austria, Canada, China, Germany, Japan, Korea, Spain and the United Kingdom), in addition to those of the United States. The authors, Stephen Ezell and Robert D.

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