Russel Hancock is the new president and CEO of Joint Venture: Silicon Valley.

Pat Snider, the first CEO for BioGenerator in St. Louis, announced her departure from the two-year-old organization by the end of the year.

A partnership between U.S. universities, research centers, private sector corporations, and Indian institutions recently was formed to improve engineering education in India and offer U.S. faculty the opportunity to collaborate with Indian researchers.

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

A Blueprint for Prosperity and Jobs, a comprehensive strategic plan to foster and sustain job growth, business success and community vitality in Missouri, has been released by the Missouri Department of Economic Development. The product of two years of research, the plan addresses Missouri's need to focus its resources on building a knowledge-based economy, with emphasis on businesses that generate key technologies and have tremendous growth potential.

The Sacramento Area Regional Technology Alliance announced this week that Clare Emerson will replace Lewis Attardo as executive director.

Bill Duncan is the first president of the Kansas City Area Life Sciences Institute, which held its inaugural event at the end of March.

A recent $10 billion judgment against Philip Morris may have the tobacco giant filing bankruptcy. Philip Morris has claimed it cannot post a $12 billion bond to appeal a lawsuit in Illinois or even meet the $2.6 billion payment due mid-April for the 1998 settlement with the states.

The United States Patent and Trademark Office has posted a preliminary list of the 10 U.S. universities receiving the most patents for inventions during calendar year 2002. The University of California tops the list for the ninth consecutive year. The table below also presents the school's 2001 ranking and total. 

The National Center for Public Policy and Higher Education recently released The Rising Price of Higher Education, which documents the rising costs of public education in the U.S. Using the data found in the report, SSTI has constructed a 50-state table presenting a comparison of the cost of tuition and fees at 2- and 4-year public institutions in 2001-02 vs 2002-03.

In signing his state's fiscal year 2003-04 budget on August 2, California Governor Gray Davis shaved General Fund expenditures by $7 billion in an effort to address a $38.2 billion budget shortfall. Among those cuts was funding for the California Technology, Trade and Commerce Agency (TTCA), the state's principal catalyst for innovation, investment and economic opportunity.

While rural regions strive to establish basic high-speed Internet connections, larger cities such as St. Louis, Oklahoma City and Roanoke, Va., are looking to establish free, wireless Internet access across several blocks to encourage economic development. Recent reports show efforts are underway to speed the technology's deployment in each of the metro areas.

TOP Reauthorized and To Grow, Says Senate Commerce Committee

Joint Venture: Silicon Valley has named Russell Hancock as its new president and CEO.

Not all of the pieces critical to building an innovation-based economy have to cost hundreds of millions of dollars, as might be suggested in the Florida and Pennsylvania stories above. Gov. Matt Blunt's Feb. 2 call for the state to provide $2 million for a new Missouri Life Science Incubator - designed to help researchers move their science from the laboratory to commercial businesses - provides a case in point.

Does it matter whether a start-up takes money from a large venture firm or a small venture firm? According to the just-released VentureOne Deal Terms Report, the answer is a resounding yes.

The University of California, San Diego's CONNECT program will begin a search for a new director since Fred Cutler's resignation at the end of September.

U.S. Commerce Secretary Don Evans has awarded a $6.44 million grant, the largest-ever economic development grant given by the Bush Administration, to Advancing California’s Emerging Technologies (ACET) to expand the Oakland Alameda Bio Tech Incubator to a 40,000-square-foot, state-of-the-art laboratory.

Manufacturing is a robust driver of California's economy according to a Manufacturing Matters: California's Performance and Prospects, a new report prepared by the Milken Institute. The analysis was prepared for the California Manufacturing and Technology Association.

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.