Eliminating all state taxes on long-term capital gains and providing incentives to encourage biotech start-ups and investment are among the recommendations advanced in The Competitive Edge: Rethinking Rhode Island Tax Policy for Success in the New Economy, the first report from the Tax Competitiveness Committee of the Rhode Island Economic Policy Council (RIEPC).

With 26 percent more of its workforce involved in information technology (IT) than the national average and with IT-producing industries growing faster in the state than the national average, Connecticut has possibly felt the pinch of the IT worker shortage more than other parts of the country. Add to that the fact that the number of IT-related graduates from the state’s universities and community colleges declined during the late 1990s.

Over the past six years, SSTI has dedicated a portion of the Digest to coverage on the legislative priorities of governors across the nation through the Tech Talkin' Govs series. As they say, talk is cheap. So this year, we are extending that coverage to track how the Governors' proposals fared in the respective legislative sessions.

Successful companies are forced to change business strategies as market realities shift. It happens all of the time. Browse the business section of your local bookstore and you'll see dozens of titles preaching the need for companies to adopt, adapt and innovate. The continuing restructuring of the U.S. durable manufacturing sector, as alluded to in the Useful Stats piece below, is a vivid example of the importance of abandoning old mindsets for industry: change or die.

The Role of Technology in the Connecticut Economy, a new report produced by the Connecticut Technology Council (CTC), provides a comprehensive analysis of the role of technology in the state's economy. Overall, the report reveals both a strong technology contribution to the Connecticut economy, as well as the state's dependence on technology for achieving its economic potential.

After seven months on the job, Connecticut Innovations President and CEO Chandler Howard is leaving to pursue an opportunity to establish a community bank in New Haven.

Rob Atkinson, the executive director of the Rhode Island Economic Policy Council, has announced his resignation. He has accepted a position with the Progressive Policy Institute, leading a new initiative on science and technology. As a result of his departure, the Council is seeking an executive director.

The Rhode Island Economic Policy Council has concluded a year-long examination of the state's economy with a call for nine recommendations to be implemented.

Georgia Gov. Sonny Perdue appointed Debra Lyons to lead the newly created Office of Workforce Development.

One year ago this month, in the midst of a booming economy, Georgia Governor Roy Barnes announced a new $100 million, five-year initiative to advance the state’s position in the research and production of key components of the global economy. The Yamacraw Mission, named after one of the state’s first colonial settlements, focuses on research, education, and economic development in microchip design and high-bandwidth communications.

Bill Todd, President of the Georgia Research Alliance (GRA), has announced he will leave GRA early in 2000 to join a new technology seed investment fund.