Editor's Note: Special Digest Edition as Part of Entrepreneurship Week
It is the nation’s first Entrepreneurship Week, with many events, workshops and contests taking place across the country to encourage more people to consider becoming entrepreneurs. A complete list of activities is available at www.entrepreneurshipweekusa.com. With this issue, SSTI honors America’s tech entrepreneurs – and the state and local TBED efforts designed to ensure more of these firms succeed!
Entrepreneurship Reports Available
This week's issue of the SSTI Weekly Digest exposes just the tip of the iceberg of information available on entrepreneurship. That's where the TBED Resource Center comes in handy. The TBED Resource Center, developed by SSTI in cooperation with the U.S. Department of Commerce's Office of Technology Policy, is an interactive website providing a wealth of information for practitioners, policymakers, university faculty, and researchers alike.
People
The Maryland Technology Development Corp. has appointed Renée Winsky as its new executive director.
SSTI Seeks TBED Initiatives with Proven Impact for 2008 Excellence in TBED Awards
On the heels of SSTI’s successful inaugural year awards program, recognizing exceptional achievements in approaches to improving state and regional economies through science, technology and innovation, we are pleased to invite applications for the 2008 awards cycle.
The purpose of the awards program is to showcase best practices across a broad spectrum of categories encompassing several elements that have been found in successful technology-based economies. The categories are:
Connecticut Releases State Technology Study
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.
SSTI Releases Issue Brief on State Science and Technology Strategic Planning
The State Science and Technology Institute (SSTI) recently released an issue brief that examines the current efforts of states to write and implement science and technology strategic plans. The report is entitled An Overview of State Science & Technology Strategic Planning.
Position Available
The Modernization Forum, a national association for the manufacturing extension community, seeks a project manager to join its team of professionals who work with the manufacturing extension community nationwide.
Reports by the Carnegie Commission on Science, Technology and Government Available Through SSTI
SSTI is pleased to be able to provide reports issued by the Carnegie Commission on Science, Technology, and Government. The Commission was created in 1988 by the Carnegie Corporation of New York to help government institutions respond to the unprecedented advances in science and technology transforming the world.
New Metric Model for Economic Development Unveiled
120 Other Metro Areas included in Analysis for Northeast Ohio
People
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.
SSTI Releases Issue Brief on R&D Tax Incentives
The State Science and Technology Institute (SSTI) recently released an issue brief that examines specific tax incentives offered by the states to encourage research and development (R&D) activity. The report, State Research and Development Tax Incentives, identifies tax incentives for R&D offered in 1996 by individual states and describes their major attributes. It also considers the use and cost of the incentives.
Cummings Joins SSTI Staff
Deborah Cummings has joined the staff of the State Science and Technology Institute as a Policy Analyst. Ms. Cummings prior work experience includes positions with the National Business Incubation Association and Ohio's Thomas Edison Program as the Edison Technology Incubator Coordinator. She can be reached at 614/421-SSTI (7784) or via e-mail at cummings@ssti.org.
Local Technology Benchmarking Study Released
Preparation of S&T indicators on a local or regional level continues to increase. The Institute of Advanced Manufacturing Sciences, located in Cincinnati, Ohio, has released Cincinnati's Technology Benchmarking Study. The report compares the technology assets and performance of 24 urban areas across the U.S. using 17 indicators, then makes recommendations for strengthening Cincinnati's technology base. The report is on the Internet at www.iams.org
Correction for DOD SBIR Table
In last week's issue of the SSTI Weekly Digest, several of the state rankings for the number of awards received under the DOD SBIR 99.1 selections were incorrect. Following is a list of the states and their correct ranks: Florida was tied for 7th with New Jersey; New Hampshire was tied for 17th with Washington; Hawaii, North Carolina, District of Columbia and Utah were all tied for 23rd.
Ohio Investment to Exceed $50 Million in FY 2000
Ohio's investment in technology-based economic development will top $50 million in FY 2000 as a result of the biennial budget passed by the Ohio General Assembly this week. Spending for the programs will grow nearly 35 percent from $40.4 million in FY 1999 to $54.4 million in FY 2000.
Position Available
The State Science and Technology Institute (SSTI) is seeking a Policy Analyst. The Institute serves as a resource center for initiatives in all 50 states that encourage technology-based economic development.
People
Cheryl Lyman, policy analyst with the State Science and Technology Institute, will be leaving SSTI today to accept a position with the Ohio Department of Commerce as its fiscal officer. Cheryl has worked with SSTI since its opening in 1996. We wish her well in her new position!
SSTI Job Corner
A complete description of this opportunity is available at: http://www.ssti.org/posting.htm.
Adults without degrees can benefit from certificates
While higher education remains a viable path to economic advancement, adults without a postsecondary degree are increasingly benefitting from non-degree certificates and certifications, according to a recent report. As automation and technological advances demand more skills from workers in the changing economy, Strada Education Network and Lumina Foundation partnered to determine the value and impact of the growing number of non-degree credentials.
State leaders zero in on recovery in budget proposals, state addresses
As state budgets move into the legislatures for final negotiations and approvals, the last of the governors have addressed their constituents and put forth their proposals. While a renewed sense of hope is seeping into the latest addresses, governors are still cautious and guarded in proposing new programs. Broadband, small business, education and workforce initiatives continue to be among the innovation-related initiatives announced by the state leaders, with the intent that those efforts will also boost the economic recovery of the states.
State of Ohio commits $265 million for new innovation district
Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district.
Ohio’s governor and other state leaders this week announced the creation of a new Cleveland Innovation District, with the state of Ohio, through the Ohio Development Services Agency (DSA), JobsOhio and the Cleveland Clinic committing a combined $565 million to the new district. The new district will bring together Northeast Ohio’s leading healthcare providers and education institutions with the goal of creating a pathogen center with global reach. DSA is committing to $155 million, $100 million will be in the form of a loan, the terms of which are still being finalized, and an estimated $55 million in Job Creation Tax Credits (JCTC) over a 15-year period. JobsOhio will invest $110 million and an additional $300 million will be invested by Cleveland Clinic.
Governors lay out plans for recovery, rebuilding in annual State of the State addresses
Across the country, the governors have begun delivering their State of the State addresses, an annual ritual where they have the opportunity to review where the state’s economy stands and preview their plans for the coming year. This year’s remarks reflect the dire conditions most states are experiencing with the pandemic, economic fallout, racial strife and national political upheaval. Despite the heavy focus on states’ efforts to respond to the pandemic, governors have struck a hopeful note and are focusing on recovery.
Fracking industry failing to contribute to broader regional growth in Appalachia, study finds
While natural gas production has continued to expand throughout the Appalachian region, the surrounding communities have yet to experience the economic and social benefits that were initially seen as surefire byproducts of the natural gas industry’s growing footprint within the area, according to a new report.
Ohio rolls out third innovation district in less than a year with $100 million in state commitment
Ohio unveiled the Columbus Innovation District this week, marking the third such announcement in less than a year, with a $100 million commitment from JobsOhio, the state’s nonprofit economic development corporation. Other partners in the Columbus initiative include Ohio State University, which will contribute $650 million, and Nationwide Children’s Hospital, with a $350 million commitment.
Racial disparities in labor market outcomes examined
A new commentary from a senior policy analyst at the Federal Reserve Bank of Cleveland examines the extent to which disparities exist between Black and whites in labor market outcomes such as levels of labor force participation, unemployment rates, and earnings. Economic inclusion trends have been studied at the national level, but this commentary takes a look at how those disparities vary within and across states with a specific look at the Fourth Federal Reserve District states of Kentucky, Ohio and Pennsylvania.