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

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

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

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. 

Chris Matthews is the president of the new Chattanooga Technology Council, which held its official kickoff event earlier this month.

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.

TOP Reauthorized and To Grow, Says Senate Commerce Committee

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

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.