Manufacturers continue to shed thousands of American jobs — at a rate of 80,000 per month over the past three years, according to the New York Times. The realities of globalization are settling in as small and mid-sized manufacturers are hit hard with competition from around the world.

Blatant SSTI Conference Plug

Jeff Morris has been named Director of the Northwest Energy Technology Collaborative.

Balancing the role of universities and colleges in economic development can be tricky, as Dr. Bok points out in his new book (see article above), but its important role in building stronger tech-based economies cannot be overstated. SSTI’s 7th annual conference, to be held in Seattle on October 21-22, presents the best opportunity of the year for developing a great understanding of the most effective ways for local and state economies to benefit from the academic research enterprise.

New university-based research efforts in biodesign, nanotechnology, embedded systems and virtual manufacturing show that Arizona has stepped forward to compete in the knowledge economy, according to a recent study by Morrison Institute for Public Policy, a unit of Arizona State University.

Two of the most critical issues in today's tech-based economic development (TBED) involve money — funding for companies and funding for TBED programs.

The City of Spokane and a group of local organizations have penned a strategic plan designed to help the city and the Inland Northwest achieve an Innovation Economy.

Until now, the opportunities have been fairly limited for tech-based economic developers to learn from the lessons of fellow practitioners running successful entrepreneurship programs.

We recognize that SSTI's annual conference quickly has become the premier professional development event annually for the tech-based economic development field. It's quite an honor, but it is also quite an obligation. Our conference participants have come to expect a level of unsurpassed quality. At least, that's what they tell us in the evaluations.

A Visa analysis of innovation and creativity among the nation’s top 50 metro areas has Seattle ranked first in combined scoring, followed by Austin, Nashville, Minneapolis and Washington, D.C. Visa’s Innovation Index measures entrepreneurialism, community support and creativity on a per capita basis throughout the major Metropolitan Statistical Areas.

An advocate for small businesses in Washington known as “Mr. Small Business,” Milton Stewart died of pneumonia on Nov. 5 in Phoenix.

If you haven't purchased your 2005 wall calendar or updated your computer-based planner yet, you will need to soon, to schedule travel and update budget requests. At the top of many lists will be SSTI's 9th annual conference, Oct. 19-21, 2005 in Atlanta, but how do you conveniently find out about the many other high quality events happening throughout the year?

The Oct. 25 issue of the SSTI Weekly Digest previewed ballot issues in six states that would have implications for their respective state efforts to grow a knowledge-based economy. The unofficial results at press time for each are provided below:

While the presidential election has been dominating the news, voters across the country will be acting on an array of tech-based economic development issues on Election Day next week. The largest is an initiative in California that would provide up to $3 billion for embryonic stem cell research. If approved by California voters, Proposition 71 would have the potential of significantly changing the landscape of where stem cell research is carried out and have significant economic development implications.

Arizona

Gov. Janet Napolitano, State of the State Address, Jan. 12, 2004

In 2003, Arizona Governor Janet Napolitano charged the Governor's Council on Innovation and Technology with developing specific recommendations to help diversify the state's economy. With recommendations including new and expanded tax credits, public-private venture capital, angel capital funds, workforce development and internship programs, and lobbying Washington for more funding, the governor now must find a way to finance the plan in a tight fiscal environment.

Ken Olsen will become the new executive director of the Palouse Economic Development Council in Washington State.

The University of Arizona Office of Economic Development (UA OED) has released its annual report card on economic growth and development in the Arizona-Sonora region. Funded by the Arizona-Mexico Commission and the Arizona Department of Commerce, Regional Economic Indicators: Arizona-Sonora 2003 monitors economic changes in the Arizona-Sonora region via 33 indicators across four broad areas:

Over the past few months, several new research park announcements have been made, including a $2.5 billion public-private investment in Kentucky. Gov. Ernie Fletcher last month announced plans for the expansion of the Louisville Health Sciences Campus. The project will encompass the 30-block radius that houses the Louisville health sciences campus.

Spokane Economic Development Council president Mark Turner has announced his resignation.

The Washington Technology Center (WTC) has created a new program that will make obtaining access to early-stage seed capital easier for companies outside the Puget Sound. WTC is Washington's statewide science and technology organization.

Since her inauguration in January, Arizona Governor Janet Napolitano has pushed legislation intended to increase university tech transfer and commercialization (see related item in this issue). But will it work? Do economic incentives really encourage university researchers to pursue commercialization goals? Or are academics "pure" scientists, truly beyond monetary motives as many would argue?

Arizona Legislation to Encourage Tech Transfer Awaits Voters' Approval

To help formulate the best approach for the state to deploy to help build a stronger technology sector, Arizona Governor Janet Napolitano has established a state advisory group of consisting entirely of high tech business leaders.

Certified economic development professionals have an extra reason to attend Building Tech-based Economies: From Policy to Practice, the nation's premier educational and networking experience for the TBED community. The 2003 SSTI Annual Conference will be recognized by the International Economic Development Council (IEDC) as a professional development event that counts toward the recertification of Certified Economic Developers (CEcD).