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Displaying 1 - 6 of 6
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Some state ballot measures hold potential to affect innovation economy

Thursday, November 3, 2022

With 133 ballot measures before voters on Nov. 8, a gamut of topics will be decided. Those outlined below are the measure that could affect the innovation economy, ranging from initiatives that would affect higher education, to broadband expansion and measures intended to boost state economies.

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State economic development directors bring varied backgrounds to role

Thursday, January 17, 2019

The 20 new governors elected last November are filling out their appointments, and SSTI’s analysis of those named as state economic development directors reveals an array of backgrounds leading into their new roles. New Republican governors have shown a greater propensity to choose a leader with an industry background, while new Democratic governors have been more likely to appoint  directors with economic development experience. From a former U.S.

  • Read more about State economic development directors bring varied backgrounds to role

20 new governors to take office following election

Thursday, November 8, 2018

With 36 governorships up for election — and more than half those open either due to retirements, term limits, or lost primaries — new faces were guaranteed in state offices across the country. As a result of Tuesday’s voting, 20 new governors will be taking office and 16 of 18 incumbent governors that were on the ballot on Tuesday will be serving another term (Illinois Governor Bruce Rauner and Wisconsin Governor Scott Walker were the only incumbent governors. defeated on Tuesday).

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Voters mostly supporting education and redistricting initiatives, mixed on energy

Thursday, November 8, 2018

SSTI has reviewed the results of ballot initiatives affecting innovation following Tuesday’s election. Higher education funding received support from voters in Maine, Montana, New Jersey and Rhode Island; however, a South Dakota measure aimed specifically at developing a fund to assist the state's postsecondary technical institutes and students was defeated. Additionally, Utah voters opposed using gas taxes to fund its schools. Several states had clean energy initiatives on their ballots, with mixed results.

  • Read more about Voters mostly supporting education and redistricting initiatives, mixed on energy

Lawmakers Tackle Workforce, STEM and Higher Ed Policy

Thursday, June 26, 2014

Addressing accessibility, affordability and ensuring workforce preparedness topped legislators’ agendas in many states during the 2014 sessions. States and regions are increasingly competing for talent as the trend toward growing and nurturing innovation ecosystems continues.

  • Read more about Lawmakers Tackle Workforce, STEM and Higher Ed Policy

Newly Elected Governors Tout Energy Plans

Wednesday, November 11, 2009

All eyes are on New Jersey and Virginia as newly elected governors soon will unveil action plans and proposals for their first year in office. During the recent gubernatorial campaigns, Governors-elect Chris Christie and Bob McDonnell both outlined plans to transform their respective states’ economies and create high-paying jobs through targeted investments in renewable energy. The following is an overview of the energy proposals outlined during the campaigns.

New Jersey

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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