Useful Stats: NIH Awards (grants and contracts) by State
SSTI has compiled a table of the National Institutes of Health (NIH) awards in total dollars and state rankings from fiscal years 2000-2004. The states are ranked by percent change over the five-year period. The greatest gains were posted in North Dakota (202.51 percent), Alaska (200.98 percent), Idaho (157.48 percent), Montana (144.72 percent), Virginia (120.85 percent), and Hawaii (107.06 percent).
North Dakota Gov. Includes $50M for Centers of Excellence in Budget Request
In an effort to increase the economic impact of the state's university-based research, Gov. John Hoeven has included $50 million in his 2005-07 budget request to create Centers of Excellence on each of the North Dakota 's college campuses.
Oregon Gov. Recommends $9M for Investments in Commercialized Research
Commercialized research and Oregon's first signature research center are among those initiatives slated for funding in the governor's 2005-07 proposed biennial budget for the Oregon Economic and Community Development Department (OECDD). Gov. Ted Kulongoski's recommended budget, the "Oregon Principles," is centered around six core principles for targeted investments to deliver a strong return on taxpayer dollars.
U.S. Innovation Hurt by Restrictions on Foreign Grad Students, Study Shows
Tight restrictions on student visas for foreign graduate students will hasten the erosion of America's global dominance in innovation, according to a University of Colorado at Boulder study.
Innovation Economy Strong, But State Lags in High Tech Job Creation, MTC Index Finds
Massachusetts' innovation indicators may be strong, but the conversion of innovation into new high tech jobs is lagging and the state’s median household income continues to dip, according to the latest Index of the Massachusetts Innovation Economy.
Entrepreneurship Sustains Innovation and Boosts Growth
Public policies should seek ways to promote entrepreneurship in order to boost economic growth, according to a review of existing research by David Audretsch of Indiana University.
Foundations Brighten Holidays for Several TBED Efforts
Foundations and philanthropists are playing increasingly important financial roles for many academic and regional technology-based economic development (TBED) efforts. The latest issue of Philanthropy News Digest, the weekly electronic newsletter of the FoundationCenter, highlights three recent announcements that provide examples of the size, scope and opportunity presented by these types of awards. The announcements are summarized below.
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Evan Barrett was named chief business officer of The Governor's Office of Economic Opportunity in Montana.
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Evan Barrett was named chief business officer of The Governor's Office of Economic Opportunity in Montana.
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Betsy Biemann will be the new director of the Maine Technology Institute, pending legislative confirmation in January. Biemann currently serves as an associate director at The Rockefeller Foundation.
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Brian Fitzgerald will be executive director of the Business-Higher Education Forum, a nonprofit organization that separated earlier this year from the American Council on Education, beginning in January.
Global Evidence on the Decline and Recovery of Rust Belt Cities
This article, written by Leonardo Vasquez and reproduced from the April 2024 issue of NBER Digest, is a summary of NBER Working Paper 31948, prepared by Luisa Gagliardi, Enrico Moretti, and Michael Seranfelli.
Useful Stats: Most sectors on a downward trend in high-growth firms
Shrinking shares of job-creating, high-growth firms across the country, the topic of SSTI’s Useful Stats column in last week’s Digest, is not being experienced within all sectors of the economy, according to analysis of the Business Dynamics Statistics of High Growth Firms (BDS-HG) experimental dataset from the Census Bureau.
“SSBCI 2.0: An overview of state uses of funds” article has been updated
SSTI has updated data across four states, and added data for an additional two and Puerto Rico, in last week’s “SSBCI 2.0: An overview of state uses of funds” article.
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Kelly Lewis, a state legislator in Pennyslvania, will be the new president and CEO of the Technology Council of Central Pennsylvania, beginning Jan. 1.
CHIPS program suspends plans for R&D facilities program; other R&D programs unaffected
The Commerce Department has suspended plans to announce a funding opportunity for the construction, modernization, or expansion of commercial semiconductor R&D facilities, according to an announcement the CHIPS Program Office made in their newsletter last week. The suspension does not impact the $11 billion the CHIPS Program Office still plans to spend on semiconductor R&D through separate R&D programs, nor does it affect the awards for incentive program funding opportunities already announced.
College Affordability Dropping in Most States, Especially among Low-income Students
Thirty-six states received failing grades on a biennial report card that reveals the cost of attending college represents a higher portion of American families’ incomes today than it did a decade ago. A separate report from the Pell Institute supports those conclusions by showing students from the lower-income bracket are finding it more difficult than ever to keep pace with rising tuition costs.
Useful Stats: State Rankings for Change in College Affordability, 1994-2004
The importance a well educated populace plays in a knowledge-based economy is a given for most tech-based economic development strategies. Ensuring that a larger percentage of the population pursues that education through and beyond high school is another matter -- often the responsibility of other state agencies, organizations and decision makers.
The Rural Partners Network announces nominations for rural innovators
The Rural Partners Network, an all-of-government program that helps rural communities find resources and funding to create jobs, build infrastructure, and support long-term economic stability, is asking the public to nominate rural innovators who are positively impacting their rural communities. Individuals of all ages, including youth, are eligible.
Ben Franklin Technology Partners reports more than $30 billion impact over the last 40 years
Ben Franklin Technology Partners, a technology-based economic development program serving all 67 Pennsylvania counties, reported in its 2023 Annual Statewide Impact Report that, since its inception more than 40 years ago, it has boosted Pennsylvania’s economy by more than $30 billion, generating more than 58,000 jobs in client firms plus an additional 101,000 spinoff positions, for a total of 159,000 new jobs that otherwise would never have existed.
Useful Stats: Business applications trending up, share of high-propensity applications trending down, 2005-2023
Business applications have greatly increased over the last two decades, jumping 119% from 2005 to 2023. However, the rate of high-propensity business applications—applications identified by the Census Bureau as having higher likelihoods of turning into businesses with payroll—have decreased as a share of all applications every year since 2005, despite having grown 22% over the same period.
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The Piedmont Triad Entrepreneurial Network recently selected Lisa Blakely, a former Bank of America executive, as its CEO.
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Earlier this month, Gov. Ernie Fletcher announced Darrell Brock and Jim Host as new co-chairmen of ConnectKentucky. Brock, commissioner of the governor's Office for Local Development, and Commerce Cabinet Secretary Host joined existing chairman John Hall, retired chairman and CEO of Ashland Inc.
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The Alaska MEP, a new nonprofit entity formed by the Alaska Native Arts Foundation and the Anchorage Economic Development Corporation, has named Robert Pope as the first Interim Director.
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The Metropolitan Development Association, of Syracuse and Central New York, also recently named a new chairman, John Zawadzki, of its Regional Development Alliance.