Study Finds University’s Viewpoint Critical for Successful Partnerships
University partnerships lead to diversity in teaching and research, highlight the importance of university research and lead to the development of special expertise, concludes a policy brief by the Conseil Superieur De L’Education in Quebec.
For NJ: Nano in, VC Out
Two separate news stories covering different New Jersey's technology-based economic development initiatives may give one of the first peeks at Governor James McGreevey's plans for science & technology in the Garden State.
Microsoft Gives $750 Million to Chinese Universities and Companies
Today's online issue of the Chronicle of Higher Education reports Microsoft Corporation is contributing $750 million to China to support computer science education, basic research, software training, and business growth.
Ontario Launches $51 Million Biotech Strategy
Canada already has seen its number of biotech firms grow from 227 in 1997 to 400 in 2000, second only to the U.S. in biotech concentration. Last week's announcement of a $51 million (Canadian) biotechnology strategy is intended to further strengthen the Ontario's position in health research and commercialization.
Competitiveness Institute Reviews Ontario's Industry Clusters
The Institute for Competitiveness and Prosperity — the research arm of Ontario's Task Force on Competitiveness, Productivity and Economic Progress — has released a comprehensive view of Ontario's industry clusters, showing for the first time how they compare with similar clusters in other provinces and U.S. states.
People
Gov. James McGreevey recently appointed Alfred Koeppe as the new Chairman of the Economic Development Authority of New Jersey.
New Jersey Creates Commission on Jobs, Growth and Economic Development
To help make his state a leader in research, development and innovation, New Jersey Governor James McGreevey recently signed an executive order establishing the Commission on Jobs, Growth and Economic Development. Highlighting the state's strengths but calling for it to move forward, even with a $5 billion budget shortfall looming, the governor said the commission is needed to put New Jersey in position to be more competitive.
Ontario Launches $30M Biotech Cluster Initiative
The Ontario Ministry of Enterprise, Opportunity and Innovation has launched a two-phase, $30 million program intended to accelerate the development of Ontario's biotechnology cluster. The Biotechnology Cluster Innovation Program (BCIP) will support biotechnology infrastructure projects that will help create new companies.
International S&T Partnerships Crucial, NSB Asserts
Several warnings have been issued in recent years about U.S. dominance in the world's scientific and technological communities slipping: the number of science and engineering (S&E) doctorates awarded per capita; the dearth of women and minorities entering technical fields; the facility in which knowledge, companies and people can be transferred globally; scores on standardized math and science tests; and indicators for global entrepreneurship, to name a few.
Dems Take NJ, VA Governorships
Democrats took the year’s only two races for governor, electing Jim McGreevey in New Jersey and Mark Warner in Virginia.
Australia Woos International VC
The Australian Government has enacted new rules to attract international private equity investment in the country’s venture capital community. The rules introduce tax concessions for international investors, including university endowment funds and venture capital fund-to-fund vehicles. The rules will treat these investors in the same way as pension funds, exempting them from capital gains tax on their Australian investments.
Ontario Launches Youth Entrepreneurship Program
Recognizing the economic benefits of engaging young people in science and technology, Ontario's McGuinty government recently launched the Youth Science and Technology Outreach Program. The new program links high school students with researchers to support in-depth mentorship experience and postsecondary career advice.
Recent Research: Tax Credits Are Good for Companies, But Do They Make Good Policy?
Do tax credits pave the way for more investment in R&D and equity investments in new enterprises? Or, do they reward companies and venture capitalists for investments they would have made anyway?
Discussions on these questions can become quite heated and fueled by data supportive of both sides, as two new academic analyses demonstrate.
Recent Research: Will Operating Costs Drive Future Biotech Location Decisions?
There are several factors that go into location decisions for biomedical firms. Proximity to strong university research capacity, other biotech businesses, and technically competent workers are all important considerations. With the financial investments many states and localities are making toward the life sciences, however, the field of prospective locations for successfully launching a biotech firm has grown considerably larger than the "usual suspects."
New TBED Efforts to Make Ontario Leader in Innovation
To spur job creation in Ontario, the provincial government recently announced two initiatives focusing on innovation and regional economic growth -- the new Fuel Cell Innovation Program and the newly refocused Northern Ontario Heritage Fund Corporation (NOHFC).
New Jersey Plans $450M Stem Cell Referendum
State Also Begins Work on $150M Stem Cell Research Center An agreement between Gov. Jon Corzine and state legislative leaders will result in a $450 million bond referendum being put before New Jersey voters this fall. If approved, the money will be used to augment support for the state’s stem cell research initiative over the next 10 years.
People & TBED Organizations
Canada's 17 research parks have agreed to join forces, creating a formal association.
India’s Government to Support 100 Incubators in Emerging Industries
The India Ministry of Micro, Small and Medium Enterprises announced last week a plan to provide funding to 50 universities and training institutions for the creation of up to 100 enterprise incubators within innovative fields.
SSTI Job Corner
Complete descriptions of the position openings described below are available at http://www.ssti.org/posting.htm.
Bahrain Seeks to Become Research Leader with $1B Science and Technology Park
The Economic Development Board of Bahrain and Kuwait Finance House have begun planning a $1 billion (US) Science and Technology Park in Bahrain. The park will be modeled on the Sophia Antipolis Technology Park in France, which is the largest of its kind in Europe and the second-largest technology park in the world, according to the European Commission’s PAXIS innovation program. The Kuwait Finance House has appointed Philippe Mariani, former director of the French park to oversee the new project.
Job Corner
ANGLE, an international venture management and consulting company with broad experience in technology development initiatives at the regional and national level, has position openings for a consultant and a senior executive. These starting-level positions would assist ANGLE's U.S. Consulting and Management operation on domestic and international projects. Both positions require someone with a Ph.D.
Britain to Double Support for Stem Cell Research
Britain’s Pre Budget Report 2005, released Dec. 5, calls for the United Kingdom to double spending for stem cell research to £100M within the next two years and launch a number of new initiatives to sustain innovation and science.
China Makes 15-year, $180B Commitment toward Renewable Energy
In China, leaders of the rapidly growing nation dogged by soaring energy needs and unrelenting pollution problems made a commitment to double the nation’s use of renewable energy resources within the next 15 years.
People
Peter Gold was appointed associate provost for economic initiatives at Rutgers-Camden.
New Jersey, Virginia Promote Political Veterans to Governorships
New Jersey and Virginia were the only two states to choose governors in November 2005, with both states having open races. Below is a description of each governor-elect's position on TBED.