DARPA, the Defense Advanced Research Projects Agency, and the Semiconductor Research Corporation have announced a five-year $194 million program working with six universities across the country to support the growth of the semiconductor industry. These research centers are:
Through a combination of new funding in the current budget and legislative measures aimed at coordinating state efforts and measuring progress, Gov. Bob McDonnell hopes to showcase Virginia as the premier destination for entrepreneurs to start or relocate a business. New funding, to the tune of nearly $10 million, would be used to establish a regional accelerator grant program, cybersecurity accelerator, and career pathways development program, among others.
Initiatives aimed at commercializing research were among the most common technology-based economic development approaches in 2012 for states seeking faster returns and job growth during a slow recovery. In the new legislative session that began last week in Colorado, lawmakers introduced a bill to increase access to capital for new startup companies in advanced industries aimed at accelerating the tech commercialization process.
In FY11, the top 30 U.S. research universities accounted for over 40 percent (approximately $26.1 billion) of total academic R&D spending in 2011, according to survey data collected by the National Science Foundation. The other 882 universities surveyed accounted for approximately $39 billion of the total academic R&D spending for the 2011 fiscal year (approximately $65.1B billion). The Higher Education Research and Development Survey population also increased from 742 universities in 2010 to 912 in 2011.
Performance-based funding for higher education has emerged as a top policy recommendation for addressing concerns ranging from accountability and affordability to helping keep states economically competitive. In states that already have performance-based funding in place, such as Pennsylvania and Ohio, efforts to revise and expand the programs are underway.
With $130 million in funding from the U.S. Agency for International Development (USAID), seven universities will establish development labs to address global development challenges through science and technology in partnership with agency experts and policymakers.
Ahead of the 2013 legislative sessions, groups in Florida and Wisconsin unveiled reports on revamping higher education to better fulfill workforce needs and strengthening sectors most likely to produce jobs. In Florida, Gov. Rick Scott's Blue Ribbon Task Force on Higher Education urged differentiated tuition making it more affordable for students to pursue in-demand careers.
While election night's main focus was on the presidential race, the importance of ballot measures for states and metros is growing as public services and budgets are being severely trimmed. A recent article in The New Republic reports on a new trend where states are embracing ballot measures as a potential source of dedicated funds for targeted investments in regional economic growth and development.
As the rate of foreign students earning doctorates from American universities increases — from 17 percent of the total science, engineering, and health doctoral degrees in the 1960s to nearly 40 percent in 2010 — the question is where do these foreign nationals seek work? Do they remain in the United States post-graduation or do they return to their country of origin or do they go elsewhere?