policy recommendations

Building blocks of regional innovation economies explored; SSTI gives testimony in support of national effort

Outlining the need for a new national effort to build regional innovation economies, a panel of experts gave testimony to the Research and Technology subcommittee of the House Committee on Science, Space and Technology, chaired by Rep. Haley Stevens (D-MI). The panel focused on how regions have developed their innovation economies and how those experiences could be replicated across the country with federal support.

CBO provides ideas to counter entrepreneurship’s four decade decline

Entrepreneurship in the U.S. has declined significantly over the past four decades, which has contributed to an annual productivity growth of 3 to 4 percent less than it would be if entrepreneurship had remained unchanged since the early 1980s. Those are among the findings a report from the Congressional Budget Office (CBO), which points to three contributing factors for the decline and outlines measures policymakers could put in place to help spur entrepreneurship.

What Biden proposes for science and innovation

[Update Oct. 1] Editor’s note: On Sept. 23, the Biden campaign announced a “Small Business and Entrepreneurship Advisory Council.” A description has been added to the “Small Business” section of this article.

NGA offers roadmap for state leaders to build a resilient workforce

After more than a year of research and facing greater disruption to the workforce than imagined at the outset, the National Governors Association (NGA) has released a guide for governors and state policymakers to help build a technologically resilient workforce. Written before the COVID-19 outbreak, the authors of the report attest that trends previously identified will only accelerate, and thus there is even greater urgency for policy transformations that should be implemented as part of a system wide, resilient education and workforce development agenda.

House committee creates plan for net zero emissions

The majority staff of the House Select Committee on the Climate Crisis released a “roadmap” this week for the U.S. to achieve net zero emissions by 2050 and net negative emissions through the rest of the century. The plan says these climate goals can be achieved while growing the economy and improving public health.

A platform to support science and entrepreneurship through the pandemic and beyond

SSTI’s Innovation Advocacy Council has sent letters to congressional leadership outlining emergency actions needed to support tech- and innovation-driven businesses and recovery-focused programs to leverage American ingenuity for economic stimulus. The letters call for expanding SBA’s technical assistance to startups, leveraging EDA’s Build to Scale program, catalyzing new programs for equity investment and commercialization, and incorporating innovation into any infrastructure initiative.

Commentary: Federal priorities to address the national emergency

COVID-19 has generated an economic crisis that is, thankfully, unique to our lifetimes. If we are to recover efficiently as a country, then the policy response must be similarly unique, addressing multiple needs along different time scales. Many people are looking to the Great Recession for lessons on how to move forward, but there are critical contrasts between the two crises that have important implications for the solutions we should consider.

NASEM report details threats facing bioeconomy, recommends action to safeguard US

The National Academies of Science, Engineering, and Medicine (NASEM) has set out to address the core risks that currently threaten the United States' bioeconomy with the release of their report Safeguarding the Bioeconomy. While the U.S.

Proposal would create 10 new innovation hubs across US

Brookings and the Information Technology and Innovation Foundation (ITIF) are proposing a new concentration of federal investment into 10 metros with a goal of creating new innovation hubs. The Case for Growth Centers is likely an early entry of what will be many suggestions between now and next November for “massive federal” policies, but may be one of the most directly relevant to regional innovation economies.

Report examines what works in rural innovation

Turning good intentions into actions is part of the motivation behind a recent report from the Community Strategies Group (CSG) of the Aspen Institute. The report, Rural Development Hubs: Strengthening America’s Rural Innovation Infrastructure, focuses on actions that could build capacity to advance rural community and economic development to improve equity, health and prosperity for future generations.

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