RTI International, an independent, nonprofit research organization based in Research Triangle Park, N.C., is seeking someone for the position of economic development analyst.

One of the latest big-ticket investments targeting stem cell research came from Ann Arbor last week as the University of Michigan committed $10.5 million of its internal resources to establish an interdisciplinary center for stem cell research. The announcement is one of dozens from around the country since California voters approved Proposition 71 in 2004, borrowing $3 billion over 10 years for stem cell research.

Two years ago, Kannapolis, N.C., was reeling from the announcement that Pillowtex Corp, a major textile manufacturer, was filing for bankruptcy. Pillowtex's failure resulted in more than 4,500 jobs lost in just two North Carolina counties and thousands more in the Southeast U.S.

In the Dec. 19, 2005 issue of the SSTI Weekly Digest, an editor's note highlighted the mega-investments several states are making to establish themselves as significant players in key research areas.

Two states had measures on the ballot to address energy conservation and encourage alternative energy production and technology. While Washington's measure passed, California's failed.

 

In late October, Gov. Arnold Schwarzenegger signed an executive order designed to stimulate the growth and utilization of broadband networks throughout the state of California. Some the major components of this initiative include:

The Fuqua School of Business at Duke University announced that Jon Fjeld is the executive director of its recently unveiled Center for Entrepreneurship and Innovation.

On paper, the Jan. 4 FedEx Rose Bowl, which pits the Universities of Texas and Southern California against each other, will decide college football's national champion.

The Greensboro, N.C.-based Nussbaum Center for Entrepreneurship has a new president, Michael Hentschel.

Dan Lynch was named president of the Greensboro Economic Development Partnership.

California leads the world in biotech research today and likely will continue to dominate in the years to come according to The Dynamics of California's Biotechnology Industry, a new report from the Public Policy Institute of California. The report concludes that California retains a sharp biotech edge, despite reports of firms leaving the state or establishing plants elsewhere.

The South represents 20 percent of the nation's economic activity but attracts only 9 percent of the total U.S. venture capital invested. In an effort to bring those numbers closer together, the Southern Growth Policies Board recently announced the creation of a multi-state task force dubbed VentureSouth. Virginia Gov.

A child born in the U.S. today who obtains a master's degree directly after college and high school will have been in the job market for only 1-2 years in 2030. Many people in the tech-based economic development community want that girl or boy to study math, science or engineering. A more basic question, though, is where will that child live as a young adult?

As low-skill, labor intensive jobs are increasingly replaced by technology or outsourced in the emerging knowledge-based economy, a two-tiered labor market has emerged, thus presenting a challenge for workers to either work cheaper or work smarter, says a new report from the Southern Growth Policies Board. Only one of those options is appealing for those trying to improve your standard of living.

Diane Duff, former director of economic development and commerce for the National Governors Association, is the new executive director of the Southern Governors' Association.

Two organizations with seemingly the same goal in mind recently released statistics on the health of their region's technology sectors. Relying on different methods, the Pittsburgh Technology Council (PTC) and the Sacramento Area Regional Technology Alliance (SARTA) both analyze and report the impact of technology clusters on the local economy.

Western Carolina University (WCU) Chancellor John Bardo recently unveiled plans for a comprehensive regional economic development strategy that would more than double the size of the campus and promote university-industry partnerships.

What are the factors of commercial success? As they say in real estate: location, location, location.

So what makes a good location for commercializing innovation? Innovative ideas clearly thrive where R&D spending flows and local patent activity exists. But, do R&D dollars and level of patents also indicate locations for tech transfer?

The rapid increase in federal spending for defense and homeland security has led a number of states to establish initiatives targeting potential economic development from these activities. North Carolina becomes the latest of those states, with its proposed Defense Technology Innovation Center.

Oleg Kagonovich has been promoted to the position of CEO of the Sacramento Area Regional Technology Alliance. He formerly served as Chief Operating Officer.

Two recent reports indicate the amount of venture capital financing increased in 1996, although the two reports differ on the amount of financing and the most active investors. Both surveys agreed that California and Massachusetts were the lead states in attracting venture capital.

The Semiconductor Research Corporation (SRC) named Dr. Steven Hillenius to replace Dr. Ralph Cavin as vice president. Cavin is retiring from the SRC leadership team at the end of the year