Facing a projected budget deficit of more than $600 million, Gov. Tim Kaine told lawmakers the state must invest more money in research and commercialization efforts to accelerate Virginia’s progress in key areas.

 

Increasing and modernizing university research capacity is a priority for many states. Contrary to programmatic or operational appropriations being required annually, funding for such construction projects can be phased over decades as part of a state's larger capital budget/bond programs. Recent research from the National Science Foundation (NSF) documents the results of the increased importance placed in university research building programs.

As most practitioners know, measuring progress for tech-based economic development efforts can be difficult given the long lead time necessary for most research investments to yield results. Consequently, many programs rely on interim measures to evaluate a policy or program's impact.

While some state legislatures debate banning public funds for some or all stem cell research, others are using whatever funding tools they have available to advance the controversial science. Some states use tobacco settlement money, others use revenue bonds, and still others use direct appropriations. Some states use voter referenda while most stay within the traditional state legislative process. The newest twist comes from Illinois, where Illinois Gov.

Amit Yoran replaces Gilman Louie as In-Q-Tel's new CEO.

The Illinois Technology Development Alliance (ITDA) is looking for a Venture Development Director for its Chicago office. Duties include management/operations consulting; client’s screening/selection; coordination entrepreneurship mentoring; consulting/technical assistance; technical review of commercial potential of technologies. Qualified applicants must posses an MBA/B.S. in Engineering with at least five years of experience in the fields of business development/consulting.

While some regional assessments attempt to benchmark economic indicators of smaller regions to those of notable accomplishment such as Silicon Valley or Research Triangle Park, a new study from the Center for Regional Strategies at Virginia Tech compares regions with similar economic and demographic characteristics, a potentially more useful model for other metro areas.

The National Science Foundation (NSF) has released Graduate Students and Postdoctorates in Science and Engineering: Fall 2002, a collection of 54 statistical tables presenting the distribution of graduate students in science and engineering (S&E) across population segments, fields of science or engineering, and by college and state. Overall long-term trends for S&E graduate students from 1975 to 2002 and short-term trends from 1995 to 2002 by detailed fields are presented as well.

The National Science Foundation has released its report on Federal Science and Engineering (S&E) Support to Universities, Colleges and Nonprofit Institutions for Fiscal Year 2002, revealing the government distributed nearly $24.4 billion to the nation's research institutions during the year. The figure is 8.5 percent higher higher than the FY 2001 total of $22.5 billion.

On Friday, President Bush announced his intention to nominate Michael D. Griffin, of Virginia, to be administrator of the National Aeronautics and Space Administration. Dr. Griffin currently serves as Space Department Head at Johns Hopkins University Applied Physics Laboratory. Prior to that, he was president and chief operating officer of In-Q-Tel, Inc.

Kathie Olsen, nominated by the president and confirmed by the Senate, is the new deputy director of the National Science Foundation.

The average budgets for local and regional economic development organizations fell nearly 3 percent between 2004 and 2005, according to the second annual survey by ACCRA.

University R&D is considered a fundamental element of innovation and technological competitiveness. If R&D spending equates to more R&D, then the 10 percent increase between 2002 and 2003 as reported by the nation's academic community to the National Science Foundation (NSF) would be a rosy sign for America's future.

Sue Strommer has joined the National Association of Seed and Venture Funds as Chief Executive Officer (NASVF) as CEO. Charlie Spies, the former president and CEO, will remain as president of NASVF.

It is no coincidence that every article in this issue of the SSTI Weekly Digest touched on some aspect of higher education's role in promoting economic growth. Knowledge-based economies driven by innovation require strong and successful institutions of higher learning. Those same types of economies, particularly when applied on a global scale, present unique challenges to sustaining educational and research excellence with academia based on older models of financing and leadership.

Virginia Gov.-elect Tim Kaine named Aneesh Chopra as his administration's secretary of technology.