Tech Talkin Govs V: The 2001 State of the State, Budget Addresses
Editor's Note: The fifth installment in our review of the Governors' inaugural addresses, state of the state addresses, and budget messages for 2001. The first four articles in the series were over the past four weeks. Those issues of the SSTI Weekly Digest and all other previous editions are available on our website: http://www.ssti.org/Digest/2001/headlines01.htm
Recent Working Papers: Defining and Measuring Productivity in the New Economy
It is widely argued in the tech-based economic development community that New Economy businesses, specifically computers and information technology, account for the tremendous economic growth of the last half of the 1990s. But does the data support this?
Recent Working Papers: Risk and Return of Venture Capital
Many tech-based economic development programs recognize the importance of having seed and venture capital accessible to their start up tech firms and entrepreneurs. Some practitioners, though, see a challenge in encouraging equity investment in more conservative, risk adverse regions and localities. The dot-com “correction” of last year probably did not help.
People
Jane Patterson leaves the North Carolina Governor's Office this week to become the Director of the Rural Internet Access Authority, a new state authority.
People
Margie Boccieri has announced she is leaving the North Carolina Governor's Office to join Southeast Interactive Technology Funds, a Research Triangle Park venture capital firm, as its Vice President of Business Development and Strategy.
Useful Stats I: University R&D Payoffs
The July-August issue of Technology Review, MIT's Magazine of Innovation, includes a special report on university research. The TR University Research Scorecard, written by TR associate editor Rebecca Zacks, ranks the top U.S. universities for their performance in patent quality (called "technological strength") and licensing revenues.
Eaton Corporation Donates Patent Portfolio
The Mid-America Commercialization Corporation (Manhattan, Kansas) announced that the Eaton Corporation is donating a substantial portfolio of patented technologies for the benefit of the corporation and Kansas State University.
"Most Wired" Colleges and Universities Named
Yahoo! Internet Life magazine has named its 1999 list of the "100 most wired" colleges and universities. This is the third year in which the magazine has published the list. Listed in the top five are: Case Western Reserve University (OH); Massachusetts Institute of Technology; Wake Forest University (NC); the New Jersey Institute of Technology; and, Rensselaer Polytechnic Institute (NY).
Position Available
A Wichita, Kansas-based venture capital firm seeks a broadly qualified leader to commercialize technology, develop start-up businesses, manage pre-seed and seed capital funds, and raise capital. Resumes with a personal statement of interest and five professional references to Mary Breakstone at the Kansas Technology Enterprise Corporation (KTEC). The full position description is available on the SSTI home page at www.ssti.org
NEW RESOURCES FOR SOCIO-ECONOMIC DATA
Two new, free resources are available that provide access to statistical data that can be used for a wide variety of analytic processes, including impact assessment, regional measurement, strategic planning and program design.
KANSAS INNOVATION INDEX ASSESSES STATE’S COMPETITIVENESS
The Kansas Technology Enterprise Corporation (KTEC) has released the Kansas Innovation Index 1999. The major finding of the report is that "Kansas has a realistic opportunity to create a competitive advantage for economic growth and high wage industries by supporting its emerging innovation economy."
Kansas Commercialization Centers to Help Companies with Equipment Needs
The Kansas Technology Enterprise Corporation (KTEC) has initiated a program to help technology-based start-up companies locate and obtain equipment needed for their operations.
Massachusetts Technology Collaborative Releases Innovation Index
The Massachusetts Technology Collaborative (MTC) released its second annual Index of the Massachusetts Innovation Economy earlier this month. The report tracks 31 performance indicators and explores the implications of each indicator on the long-term growth and stability of the Massachusetts economy.
People
SSTI has learned through the KTEC SBIR Bulletin that Clyde Engert will be retiring as Vice President of Innovation & Market Research at KTEC on July 1, 2001. Mr Engert has been a long-active champion of state SBIR outreach and financial assistance. His services will be missed by Kansas companies and the national SBIR community.
Spillovers from Academic and Industrial R&D Examined
Is a strong university research component critical to local tech-based economic development? Many argue this position, including SSTI (Using Research and Development to Grow State Economies). Using data on royalties, licenses, and job creation figures, others have demonstrated the economic contributions of university R&D.
Billion Dollar Gift Boosts Biomed Research in Kansas City
With an eye toward helping to make Kansas City a leading center for biomedical research, James Stower Jr., founder of American Century mutual funds, and his wife are donating $1.114 billion to the Stowers Institute of Medical Research. The donation is considered one of the five largest philanthropic gifts in history.
People
Christopher Anderson has been promoted to become president of the Massachusetts High Technology Council. Prior to his appointment, Mr. Anderson served as vice president and general counsel to the organization.
People
Joe Alviani has resigned as Executive Director of the Massachusetts Technology Collaborative to accept a position in the private sector. MTC Executive Vice President Philip Holahan is serving as Interim Executive Director.
MTC Releases a New Index of Innovation Indicators
The Massachusetts Technology Collaborative (MTC) has released a new study entitled Index of the Massachusetts Innovation Economy. This assessment of the Massachusetts economy provides data on 33 quantitative indicators.
New Microelectronics Program Being Planned
The Semiconductor Industry Association (SIA), in cooperation with members of the semiconductor industry and the U.S. Department of Defense, is launching a new initiative to expand certain long range applied microelectronics research at U.S. universities.
This planned new initiative, the Focus Center Research Program, is being structured to utilize long range innovative applied research to meet industry needs. The envisioned Centers will:
Study Examines Economic Impact of MIT-Related Companies
In what is touted as the first major national study of the economic impact of a research university, BankBoston recently reported on the economic impact of companies founded by graduates of the Massachusetts Institute of Technology (MIT). The report, MIT: The Impact of Innovation, "is a case study of the significant effect that research universities have on the economies of the nation and its 50 states."
SSTI Commentary: What Constitutes A Gift? TBED and Philanthropy
Probably everyone involved in tech-based economic development (TBED) can name at least one research building, innovation center or tech park named after a significant contributor to the project. And has become commonplace individual components of the structure have been named for individual donors: a wing, the auditorium, the foyer, the artwork, the chairs in the board room.
People
Kansas Technology Enterprise Corp. named Trish Costello as its newest Entrepreneur in Residence.
Berkshire to Offer High-Speed Telecommunications Network
Efforts to transform rural Berkshire County, Massachusetts from an area of economic decline into an equal player for the New Economy through improved telecommunications access are bearing fruit. Berkshire Connect, a consortium of business, cultural, academic, and community leaders has successfully negotiated an agreement with Global Crossing, Ltd. and Equal Access Networks to provide low-cost, equal access telecommunications throughout the region.
Mass. Tech. Collaborative Releases 3rd Innovation Index
The Massachusetts Technology Collaborative (MTC) has released its third annual Index of the Massachusetts Innovation Economy. The report tracks and explores the implications of 30 performance indicators on the long-term growth and stability of the Massachusetts economy. When statistics are available, Massachusetts is compared to its “leading competitor states” of California, Colorado, Minnesota, New Jersey, New York, and Texas.