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Displaying 1 - 4 of 4
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Building blocks of regional innovation economies explored; SSTI gives testimony in support of national effort

Thursday, June 10, 2021

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.

  • Read more about Building blocks of regional innovation economies explored; SSTI gives testimony in support of national effort

Report examines what works in rural innovation

Thursday, December 5, 2019

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.

  • Read more about Report examines what works in rural innovation

Ideas for expanding economic opportunity focus of Aspen report

Thursday, February 14, 2019

Shifts in the American economy have resulted in a myriad of challenges including workers without the necessary skills for today’s jobs, lack of wage increases for low- and middle-income worker and a shrinking labor force participation rate.

Shifts in the American economy have resulted in a myriad of challenges including workers without the necessary skills for today’s jobs, lack of wage increases for low- and middle-income worker and a shrinking labor force participation rate. With an aim of identifying bipartisan policy solutions to such challenges, the Aspen Economic Strategy Group (AESG) spent a year collecting ideas to address these challenges and have released their findings in a new report. While the authors of the report caution that there is no silver bullet solution to the challenges outlined in the report, they go on to say, “Evidence-based, bipartisan solutions rarely capture headlines, but they do exist, and should be embraced by those who are serious about solving our long-term economic challenges.” The report outlines several proposed solutions.

  • Read more about Ideas for expanding economic opportunity focus of Aspen report

APLU issues imperatives to improve economic development effectiveness

Thursday, September 6, 2018

Recognizing that the global economic and science and engineering landscape is changing rapidly, the Association of Public and Land-grant Universities (APLU) yesterday issued a position paper in an effort to bring together universities and their federal partners and respond to the economic and community development needs of the nation.

  • Read more about APLU issues imperatives to improve economic development effectiveness

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Recent news from the SSTI Digest

Differences in industry concentrations of VDO and VC investments

Wednesday, August 26, 2026
Data reveal that policymakers should not equate strong Venture Development Organizations (VDOs) with private venture capital companies; the purpose of creating public policy to increase the availability of innovation-centered risk capital can be lost if one presumes VCs and VDOs are the same. While there are many similarities between individual VDOs and VC funds, important differences in industry concentration emerge when the two groups are compared in aggregate, which may result in different long-term economic impacts.  Effective VDOs are important drivers of regional innovation and of pushing emerging tech businesses forward. VC, on the other hand, can play an extractive role, particularly in markets with scarce equity finance options.
venture capital
venture dev orgs

What could a “new golden age” of science mean for research and commercialization?

Wednesday, August 26, 2026
SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make? The presentation outlined a research system that could look considerably different from the one that has developed since Vannevar Bush’s Science, the Endless Frontier.
research
commercialization
TBED

New federal rules, both proposed and finalized, will impact small businesses

Thursday, August 27, 2026
A recent flurry of new rules, both proposed and finalized, may interest small business owners or those who advise them. The U.S. Small Business Administration (SBA) has proposed two new rules. The first, Revised Size Standards Methodology, will update SBA’s methodology for determining which businesses qualify as “small.” The second, on Small Business Size Standards, would consolidate the number of industry-specific size standards and raise size standard thresholds. 
small business
SBA
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