SSTI Digest

Douglas Foy, Secretary for Commonwealth Development for Massachusetts, announced his resignation effective in March.

Harvard University President Lawrence Summers announced his resignation this afternoon. Former Harvard president Derek Bok is to serve as interim president for the university.

The challenge for industry, academic leaders and policymakers in Massachusetts over the next few years is to translate the competitive strengths of the state's economy into new companies and new jobs, the ninth annual Index of the Massachusetts Innovation Economy indicates.

While many competitor states and countries have been working through public-private collaborations to develop long-term strategic plans for future investments, Massachusetts has not had a recent collaborative effort, the report notes. Now is the time, it argues for industry and academic leaders to join with policymakers in identifying, planning and investing in the state's competitive assets for the Commonwealth's future economic vitality. Findings of the 2005 index include:

Former Massachusetts State Senator Peter Larkin is the senior vice president and chief operating officer for the Massachusetts Biotechnology Council.

As expected, Massachusetts Gov. Mitt Romney rejected last week Senate Bill 2039, the bill supporting stem cell research. Exercising a power not enjoyed by all governors, Gov. Romney sent the measure back to the legislature with four amendments for consideration, rather than vetoing the measure.

According to a May 12, 2005 article in the Boston Globe, one amendment would prohibit somatic cell nuclear transfer, or therapeutic cloning, while the other three ask the legislature to reconsider the bill's position on when life begins, to clarify monetary compensation for women who donate eggs for research, and to define the circumstances appropriate for researchers to create human life. Gov. Romney also sent a letter to lawmakers stating the bill would change the definition of an unborn child that dates back to 1974, the article states.

Massachusetts Gov. Mitt Romney promoted Renee Fry to serve as director of the Department of Business and Technology, the state agency tasked with retaining and attracting jobs and steering economic policy throughout the Commonwealth.

Sometimes a little money is all that may be required to discover that an innovation in the lab is worth millions in the marketplace. At least that's the goal of a small grant program launched this afternoon by the Massachusetts Technology Transfer Center (MTTC). The MTTC Tech Commercialization Awards will provide $5,000 mini-grants for technology assessments and investigations by academic and industrial researchers within the Commonwealth.

Jeff Brancato has been named Associate Vice President for Economic Development of University of Massachusetts.

Massachusetts' innovation indicators may be strong, but the conversion of innovation into new high tech jobs is lagging and the state’s median household income continues to dip, according to the latest Index of the Massachusetts Innovation Economy.

The 8th annual index, released last month by the Massachusetts Technology Collaborative (MTC), tracks nine industry clusters and 17 economic indicators that benchmark the state’s strengths and weaknesses against six other states: California, Colorado, Connecticut, Minnesota, New Jersey and New York. Positive signs for innovation in Massachusetts include:

Chief Executive Officer Oklahoma Center for the Advancement of Science and Technology The Oklahoma Science & Technology Research and Development (OSTRaD) Board is accepting applications for the position of Chief Executive Officer (CEO) of the Oklahoma Center for the Advancement of Science and Technology and the Oklahoma Institute of Technology. The CEO also serves as the Executive Director of the OSTRaD Board. Candidates are sought who have an education in an appropriate field and substantial managerial experience in developing and managing research and technology development programs. Preference will be given to candidates who have an earned degree, preferably doctorate, in a field of science or engineering. Applications are due by Feb. 28, 2005.

Former Massachusetts House Majority Leader Salvatore DiMasi has replaced Thomas Finneran as Speaker of the House. Finneran recently resigned to run the Massachusetts Biotechnology Council.

Massachusetts Gov. Mitt Romney appointed Ranch Kimball to serve as his new economic development secretary.