From Armenia to Zambia, Most of World Embracing Innovation
It may not be getting much attention from the White House or Congress, but encouraging innovation and technology-based economic development through coordinated national strategies and initiatives is very much on the legislative agenda of many other countries around the world. Recent highlights from the past few weeks include (all dollar figures are for U.S. equivalencies):
Canada Launches $125M Facilities to Advance Tech Commercialization
To increase the commercial value and economic benefits of federal investments in scientific research, the National Research Council of Canada (NRC) is launching six new research and innovation facilities valued at over $125 million.
Sustaining Innovation in China
Last year, China replaced the U.S. as the most popular destination for foreign direct investment (FDI). The creation of an IBM Research Innovation Center as an extension of its China Research Lab near Beijing University provides a recent example of U.S. interest in capitalizing on China's emergence as the planet's hottest economy.
Finland Tops World Competitiveness Rankings
Finland remains the most competitive economy in the world and tops the rankings for the second consecutive year in The Global Competitiveness Report 2004-2005, released earlier this month by the World Economic Forum (WEF). The U.S. is in second position, followed by Sweden, Taiwan, Denmark and Norway, respectively.
Canada Releases New National Science and Technology Strategy
As the development of a nation's science and technology capacity becomes a critical component for economies around the globe, it is becoming even more critical for countries to implement strategies that will enable future competitiveness.
People & TBED Organizations
The creation of the Canadian Association of University Research Parks was announced earlier this month. AURP Canada will represent 25 Canadian science, technology and research parks and will be a chapter of the Association of University Research Parks (AURP). Eileen Walker has been appointed AURP's new executive director.
Canada Considers Privatizing Management of Some Federal Labs
Canada’s Treasury Board recently announced the creation of an independent panel of experts to provide advice on transferring management of federal non-regulatory laboratories into private or other non-government hands. The four individuals comprising the panel, each with extensive experience and leadership in Canada's science and technology community, will consider different management options for the Canadian systems of federal research labs.
South Carolina Releases S&T Strategic Plan
The South Carolina Technology Advisory Council (SCTAC) has released a technology strategy for the state. Creating South Carolina's Future Through Technology: Strategies for Developing a Knowledge-Based Economy grew from a 1995 strategic plan for economic development, Approaching 2000: An Economic Development Vision for South Carolina.
Celeste Named Ambassador to India
Former Ohio Governor Richard F. Celeste was sworn in as the United States Ambassador to India last week. Celeste has been a leader in the field of technology-based economic development for the last 15 years. While governor, Celeste established Ohio's Thomas Edison Program.
Japan's Plan to Double It's R&D Budget is on Track
Japan is on schedule to double the government's R&D investment by the year 2000, according to a June 13 National Science Foundation Issue Brief.
Recent Reports & Studies: Gans, Hsu & Stern: When does Start-up Innovation Spur the Gale of Creative Destruction?
Why do some start-up technology businesses choose to directly commercialize their innovations, taking on the industry titans as is common in the electronics industry, while other new tech firms, such as those involved in biotechnology, choose a path of cooperation with the industry leaders, commercializing through licenses, joint ventures, and outright acquisition?
South Carolina S&T Plan Unveiled
The South Carolina Technology Alliance has released South Carolina Technology Initiative 2000, a science and technology strategic plan outlining six specific recommendations for strengthening the state’s position in a knowledge-based economy.
Ireland Launches $681 Million Technology Initiative
Last week, Mary Harney, Ireland’s Deputy Prime Minister and Minister for Enterprise, Trade and Employment, announced the establishment of a £560m ($681M U.S.) Technology Foresight Fund to establish Ireland as a location for world class research excellence in niche areas within biotechnology and information and communication technologies. According to Reuters’ reports, funding for the new initiative will be spread over seven years.
FELLOWSHIP POSITIONS AVAILABLE:
Eisenhower Exchange Fellowships announces a competition for U.S. citizens in leadership positions with significant professional experience (10-20 years) for Fellowships to:
Tech Talkin’ Govs 2020: Innovation, education and budgets weigh on governors in latest round of addresses
Education, infrastructure and budgets are all on the minds of the governors in this latest review of state of the state addresses. With more than half the governors having completed their outlooks by the end of January, this week we review the speeches through the end of month and find repeated attention to education, energy and budgeting issues, with a statewide lottery being introduced in Alaska, new energy legislation in Illinois, and South Carolina also proposed a funding increase for state universities that do not raise in-state tuition rates.
Manufacturing wage growth supporting Appalachian economy
Earnings for Appalachian manufacturing workers grew 3.4 percent from 2012 through 2017 to an average of $63,583. The growth is in the Appalachian Regional Commission’s Industrial Make-up of the Appalachian Region, 2002-2017, which reviews employment and wages by sector across the region. Appalachian workers overall saw earnings increase by 3.7 percent over the five years.
States’ fiscal picture improves with growing economy
The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.
The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.
Most states ended their fiscal year with a surplus and continue to recover from the Great Recession, with a growing economy and job gains. However, they face continuing demands on their budgets, with expanded Medicaid payments and the growing opioid crisis confronting nearly every state. Such decisions affect the state’s ability to fund innovation efforts, from the amount of support available for higher education and STEM programs, to funding for entrepreneurship, and forging public private partnerships to strengthen innovation programming that the private sector cannot fully support.
Our analysis found that some states that rely on the energy sector to fund their spending priorities continue to struggle, while others are already factoring in anticipated revenues as a result of new Supreme Court rulings involving gaming and online sales tax collections.
New state efforts look to address skills gap in IN, NC, and SC
While job openings surpassed 7.1 million in August, companies across the country still are struggling to attract staff with relevant skills. To address this issue, states are developing new workforce development efforts to address the increased demand.
While job openings surpassed 7.1 million in August, companies across the country still are struggling to attract staff with relevant skills. To address this issue, states are developing new workforce development efforts to address the increased demand. These efforts have taken many different approaches including grants to communities, free online resources, mentorship programs, or stronger partnerships with industry. While these efforts may be diverse in their processes, they share commonalities, such as bringing together all stakeholders (e.g., industry, academia, government, nonprofits, and local workforce development boards) and providing those services locally across the state, or by leveraging online platforms. Such efforts are reflected in new programs described below in Indiana, North Carolina and South Carolina.
Innovation Index Gives Ontario Edge as Innovation Leader in Canada
Ontario is performing from a base of strength in its transition to a knowledge-based economy, according to the Ontario Innovation Index recently released by the Ontario Science and Innovation Council (OSIC). Using 30 indicators, the report measures all aspects of the province's innovation system, from community awareness and support for science and technology (S&T) to levels of investment to support its infrastructure.
United Kingdom, California to Collaborate on Climate Change Policy
Recognizing an immediate need to reduce greenhouse gas emissions and mitigate the adverse consequences of climate change, Gov. Arnold Schwarzenegger and British Prime Minister Tony Blair have announced their intention to become partners and act aggressively to address climate change and promote energy diversity.
Technology Parks are Vital to Brazilian Competitiveness, Says Report
A new report released in conjunction with the Fourth International Competitive Brazil Congress gives a positive assessment of the country's potential as a leader in life sciences and provides useful model for competitiveness assessments in other regions. The report, Mechanisms of Innovation and Competitiveness, was prepared by the Center for the Support of Technology Development at the University of Brasilia and coordinated by the five-year-old Competitive Brazil Movement (Movimento Brasil Competitivo, MBC).
People
Bill Mahoney is the new president of the South Carolina Research Authority.
Finding Solutions to Cracks in the Basement
If the innovation powerhouse that represents the U.S. economy for the past century were a cinder block foundation of a house, then China and India would present two of the more significant cracks. These two great nations may grab the headlines, but the improved innovation and research capacities of any country provide new challenges for continued U.S. domination of the world's economy. As this week's article on the Czech Republic and Singapore reveals, these are just two more blocks in the U.S.
Czech Republic, Singapore to Double R&D Investments
While the U.S. commitment to science is threatened by flattening federal R&D investments, two more countries demonstrate their shared belief that the way to economic prosperity is through science and innovation.
Recent Research:The Economic Compass Points Back to the Core
Should policymakers focus on urban core centers as keys to economic growth or seek greater economic equity in the less developed periphery? A new study on regional policy and economic geography suggest policies should be directed toward core growth.