California Promotes Stem Cell Research With New Law
Joined by actor Christopher Reeve and several of California's leading biotech researchers, Governor Gray Davis Sunday signed legislation designed to promote stem cell research in California.
Stronger TBED Efforts Would Benefit Orange County, Larta Asserts
True technology growth for Orange County hinges on a broader, more supportive infrastructure, argues the latest research report by the Los Angeles Regional Technology Alliance (Larta).
Milken Releases California Tech & Science Index
"California must continue to increase funding for science and technology in its university systems or risk losing one of its most important comparative advantages," warns the Milken Institute in the State Technology & Science Index: Comparing and Contrasting California.
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Kathleen Wise is the new Director of Programs for the New York Office of Science, Technology and the Advancement of Research. She fills the position vacated this summer by Keith Servis.
EDA Gives ACET $6.44M Grant
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.
Milken Assesses Manufacturing's Impact for California
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.
Do Non-compete Clauses Discourage Innovation?
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.
NY Makes Record $520M Commitment to TBED
New York's initiatives to support technology-based economic development (TBED) will share more than $520 million in state appropriations during Fiscal Year 2003. The highlight: two originally competing budget proposals to support university-based centers of excellence survived with a combined $470 million in state funds (see the Jan. 5, 2001 issue of the SSTI Weekly Digest for background).
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Lewis Attardo is the first director of the new Sacramento Regional Technology Alliance. Attardo formerly was a Florida-based private business and economic development consultant.
Fuel Cells Increasingly on States' Radar
Ohio Proposes to Join Race With the growing need to identify cleaner sources of power, coupled with recent advances in alternative energy technologies, many states are targeting science and technology investments toward fuel cells. California, Connecticut, Massachusetts and New York all have made investments in fuel cell research demonstration or commercialization projects through energy related research funds.
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Jeffrey Skolnick has been named executive director of the new Center of Excellence in Bioinformatics based at the University of Buffalo. In introducing Skolnick, Governor Pataki confirmed the new state budget includes $50 million for the center, according to the May 10 issue of the Buffalo News.
California's Best TBED Programs Identified
With a large land mass and a population surpassing the 21 least populated states and the District of Columbia combined, California has scores of public programs and nonprofit organizations dedicated to encouraging technology-based economic development on the state, regional, local and sub-local levels. Best practices in the field, then, could have applications in a number of other states and communities.
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Sacramento's economic development director, Andy Plescia, is moving on to become a private development consultant.
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Marguerite Wilbur has been named president and CEO of Joint Venture: Silicon Valley.
Symposium to Reveal 'Patterns' Shape the Network Society
More than 60 presentations on patterns, or solutions to problems in a given context, figure to be the highlight of CPSR's 8th biannual Directions and Implications of Advanced Computing (DIAC) symposium, "Shaping the Network Society: Patterns for Participation, Action, and Change," being held May 16-19 in Seattle.
NY Governor Announces $304M Redevelopment Plan for Campus
New York Governor George Pataki recently announced a multimillion plan to transform the aging 300-acre W. Averell Harriman State Office Building Campus in Albany, N.Y., into a world-class research and development technology park.
SSTI Analysis: Tech Councils Adapt with Economic Times
[Note: SSTI defines a technology council as a regional entity that is membership-based and independently funded with science and technology-based economic development as one of its primary goals. National trade associations and government-created technology councils which serve in an advisory or policy role are excluded from this discussion.]
Small Firms in New York Face Big Challenges, Survey Reveals
Small businesses bearing a critical role to the regional economies of upstate New York must overcome several barriers to growth if they are to enjoy future success, suggests a report by the Buffalo Branch of the Federal Reserve Bank of New York.
The Price of Venture Capital
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.
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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.
New York Considering $200M for Biotech, Biomed
On Jan. 26, New York Gov. George Pataki and State Senate Majority Leader Joseph Bruno announced legislation to create a $200 million Biotechnology and Biomedicine Research Initiative through the New York State Charitable Assets Foundation.
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The Center for Economic Growth has selected F. Michael Tucker as its new president and CEO. Tucker replaces Kelly Lovell, who left the position in December to become president and CEO of International Business Development Group.
Creating Tomorrow’s Workforce: An Evaluation of School-to-Work
With the 1994 School-to-Work Opportunities Act sunsetting this year and the increasing importance of developing a skilled workforce for a tech-based economy, many are asking if the initiatives launched or expanded by the Act have been successful.
Industry Commits $45 Million to NY Photonics Center
In what could be the largest private sector commitment yet to a single industry/university research center, Corning, Kodak ,and Xerox have combined to pledge a staggering $45 million toward establishing a Center of Excellence in Photonics and Optoelectronics in Rochester, N.Y. The three corporate giants also committed to help raise another $30 million from other private sector companies for the new partnership involving New York State, higher education, and private enterprise.
San Diego Examines the Digital Divide
Even tech hot spots like San Diego are finding they are not immune from the Digital Divide. In fact, a new report from the San Diego Regional Technology Alliance (SDRTA) finds that the region suffers a wider Internet access divide between Caucasians and Hispanics than the nation as a whole. With Hispanics representing 25 percent of the area’s population, the issue will have future economic repercussions in tech-based entrepreneurship and increasing shortages of workers with tech skills.