People & TBED Organizations
David Rooney will replace Tyler Fairbank as president of the Berkshire Economic Development Corp., effective next month. Rooney leaves the Empire State Development Corp. as its regional director.
Recent Reports & Studies: Kortum & Lerner: The Relationship of VC to Innovation
Using patent filing and quality as a measure of innovation, “a dollar of venture capital appears to be about three times more potent in stimulating patenting than a dollar of traditional corporate R&D,” according to a July 2000 paper by Samuel Korton (Boston University) and Josh Lerner (Harvard University).
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.
People & Organizations
The Deshpande Center for Technological Innovation at Massachusetts Institute of Technology named Leon Sandler as its new executive director.
People & Organizations
Massachusetts Gov. Mitt Romney named Deborah Shufrin as director of the state's Department of Business and Technology. Shufrin replaces Renee Fry, who stepped down to serve as the governor's duputy chief of staff.
Legislative Actions & Tech Talkin' Govs 2006, Part V
People
Randy Goldsmith, is the new president and CEO of the Mississippi Technology Alliance. Goldsmith formerly was Assistant Vice President for Technology Transfer and Economic Development at the University of Texas Health Science Center San Antonio.
Harvard Institute Publishes Profiles on State Economies
As a means of highlighting the performance and composition of state economies, Harvard's Institute for Strategy and Competitiveness, led by Dr. Michael Porter, has published profiles on all 50 states and the District of Columbia.
Mississippi Technology Alliance Releases First Annual Index
The first-ever Mississippi Innovation Index was released Wednesday by the Mississippi Technology Alliance.
Targeting technology-based economic development in Mississippi, the Index groups baseline data into eight categories and establishes a data collection process for 24 science- and technology-related indicators. Initial analyses suggest:
Millions in Renewable Energy Funding Freed in Massachusetts
On April 19, the Massachusetts Supreme Judicial Court cleared the way for the Massachusetts Renewable Energy Trust Fund to begin operations with a unanimous ruling that the funding mechanism is constitutional.
People
President Clinton has announced his nomination of Dr. Mildred S. Dresselhaus to serve as Director of Energy Research at the Department of Energy. Dr. Dresselhaus is currently a professor in the Departments of Electrical Engineering and Computer Science and Physics at the Massachusetts Institute of Technology.
MTDC Profiled in Latest SSTI Program Brief
Established in 1978 and entirely self-supported beginning in 1988, the Massachusetts Technology Development Corporation (MTDC) has one of the longest records of success for state-sponsored venture capital corporations. SSTI has completed an eight-page profile of MTDC as the fourth in an occasional series examining the diversity of approaches to technology-based economic development.
"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).
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.
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.
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.
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.
Future of Innovation Identified
Curious who will shape technological innovation in 21st century? Technology Review magazine has developed for the first time a list of the top 100 innovators under the age of 35.
The list, nicknamed the TR100, was compiled by a panel of 24 judges including 3 Nobel laureates, 2 university presidents, and representatives of scientific and research organizations, businesses, venture capitalists, and the media.
NCIIA Supporting Higher Education Entrepreneurship
The National Collegiate Inventors and Innovators Alliance (NCIIA) seeks proposals that support innovation, invention, and entrepreneurship programs in U.S. colleges and universities. Through December 1999, NCIIA will award $400,000 in grants to faculty and students of member institutions. The next deadline is December 15, 1999.
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.
When Should a State Take Equity in Life Science Firms? Issue Debated in Massachusetts
As Massachusetts legislators are in the process of crafting a compromise bill for the statewide Life Sciences Initiative, one new issue to emerge would have the state taking an equity position in the life sciences companies in which the state provides financial support.
$1B Investment in Massachusetts Life Sciences Now a Reality
A little more than a year after unveiling a comprehensive proposal to provide crucial funding for R&D, commercialization and infrastructure to position Massachusetts as a global leader in life sciences, Gov. Deval Patrick signed an historic 10-year, $1 billion life sciences investment package, transforming the ambitious idea into reality.
Tech Talkin’ Govs 2018: AZ, FL, IA, ID, MS, NY, VT present state of the state addresses
SSTI’s Tech Talkin’ Govs feature returns as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this first installment, we present excerpts from governors in Arizona, Florida, Indiana, Iowa, Mississippi, New York and Vermont.
SSTI’s Tech Talkin’ Govs feature returns as governors across the country roll out their state of the state addresses. We review each speech for comments relevant to the innovation economy, and bring you their words directly from their addresses. In this first installment, we present excerpts from governors in Arizona, Florida, Indiana, Iowa, Mississippi, New York and Vermont.
With the seat up for election in 36 states this fall, many governors are delivering what may be their last state of the state address (see last week’s story on the definite turnover in 17 states and another 19 eligible for reelection). Some governors are more specific in their addresses regarding the innovation economy, such as Idaho where its governor is seeking additional money for college and career advising, an additional $5 million for the Opportunity Scholarship program, and a new position to coordinate the work of all its higher education institutions. Iowa’s governor is calling on the legislature to pass the Future Ready Iowa Act and proposes a new scholarship for Iowans who decide to pursue up to a two-year degree in a high-demand field as well as more money for apprenticeships. Taxes are taking a large part of the discussion for many governors. For instance, the Florida governor is hoping for a constitutional amendment to make it more difficult for future legislators to raise taxes, while in New York, the governor says the state will challenge the federal tax code.