More than $1.26 billion in royalties were collected by U.S. colleges and universities in FY 2000, according to the tenth annual licensing survey released by the Association of University Technology Managers (AUTM). In addition, the FY 2000 Annual AUTM Licensing Survey reported 347 new products were introduced to market and at least 454 spin-off companies were created by the institutions, where inventors filed for more than 8,500 U.S. patents. 

Illinois 

While Silicon Valley lost jobs last year — the first decline since 1992 — value added per employee, a measure of productivity, increased 4.6 percent to $170,000 compared to $56,000 nationally, according to the Index of Silicon Valley 2002 released in January by Joint Venture: Silicon Valley Network.

Last week, Governor Gray Davis announced the award of three grants to support the creation of new Regional Technology Alliances (RTA) for the Inland Empire, San Joaquin Valley, and Sacramento/Capital regions. The three new non-profit organizations join existing RTAs in Los Angeles, San Diego and the San Francisco Bay area to provide decentralized business support services for innovative, California-based technology firms.

This is the final installment in this year's coverage of the Governors' State of the State and Budget Addresses highlighting issues of importance to the tech-based economic development community.



Illinois

No region of the world encapsulates the aspirations of many metro and regional technology-based economic development programs as Silicon Valley, particularly to the benefits of having a cluster of technology companies feeding off of each other to the mutual benefit of all. The Valley was the global tech leader during the heyday of the IT boom, but is undergoing a tremendous structural shift since the dot-com bubble burst.

Illinois Governor Rod Blagojevich has appointed Julie Curry as deputy chief of staff for economic development and labor.

Midwest Angel Network Association Launched in Illinois

Central California's Regional Technology Alliance has changed its name to the Inland Empire techSOURCE.

Annually, SSTI looks at the various addresses given by the nation's governors at the beginning of the year. Over the next several weeks, the SSTI Weekly Digest will profile the excerpts concerning programs, policies and issues immediately affecting the tech-based economic development community.

The legal ban on non-compete contracts may have played a role in and continues to affect the development of the high tech sector in California. This is the conclusion of Rob Valletta, Research Advisor, in the August 16, 2002, edition of the Federal Reserve Bank of San Francisco Economic Letter. The article, On the Move: California Employment Law and High-Tech Development analyzes the relationship between high tech development and states that do not legally allow non-compete contracts.

Stem cell research, an expanded tax zone redevelopment initiative and faculty/researcher recruitment are all beneficiaries in the fiscal year 2007 budget proposal submitted by Illinois Gov. Rod Blagojevich last week. In addition, while overall funding for the state Department of Commerce and Economic Opportunity (DCEO) is down 16 percent from the FY 2006 appropriation, the governor's request includes several new programs to assist technology entrepreneurship.

Michael Anastasio is the new director of the Lawrence Livermore National Laboratory, effective July 1. He was serving as deputy director of strategic operations for the lab.

John Dixon, director of the University of Michigan's Life Sciences Institute, a cornerstone in the state's life sciences initiative, has resigned to join the School of Medicine at the University of California at San Diego.

The National Science Foundation (NSF) is establishing three new research institutes that are designed to help strengthen the mathematical sciences as the backbone for U.S. scientific and engineering research. The three centers are expected to receive $24 million over five years. A fourth $9 million award renews for six years the operation of an existing mathematical center that integrates education with research.

Joe Raguso has left the California Technology, Trade and Commerce Agency to become vice president for strategic and corporate partnerships for SRI International. Raguso served the agency as Deputy Secretary for the Division of Science, Technology and Innovation.

The California Technology, Trade and Commerce Agency (TTCA) has released A County Level Analysis of California's R&D Activity 1993-1999, which, for the first time, offers California state and regional policymakers a county-by-county, instead of statewide or national, analysis of research and development trends.

California

The Illinois General Assembly has passed legislation to encourage venture capital investment in technology businesses across the state. HB3212 creates the Technology Development Fund, which permits the State Treasurer to use up to 1 percent of the state's total investment portfolio for equity investments through Illinois venture capital firms.