People
Lara L. Vande Walle is the new president of the Washington DC Technology Council (DC Tech).
Governors-elect Outline Support for Tech-Based Economic Development
While the 2002 election marked the return of Republican control of the U.S. Senate and the departure of a number of governors that had been strong supporters of investing in science and technology (e.g., John Engler of Michigan, Angus King of Maine, and Roy Barnes of Georgia), it may also mark the beginning point of a new group of governors that embrace technology-based economic development as a focal point of their administrations.
State Tech-based ED Measures Pass, Fail in 2002 General Election
Some of the 200-plus ballot measures decided in the 2002 General Election held Tuesday were dedicated to promoting tech-based economic development (TBED). The results were generally mixed, however. Promoters of Michigan's Life Sciences Corridor were pleased with the failure of an initiative that would have dictated the allocation of the state's tobacco settlement funds, including a smaller amount than the state is currently spending on life sciences research.
North Carolina Outlines Broad Biotech, TBED Strategy
Biotechnology has enormous potential for North Carolina's future, but the state's economic development strategy must be broader than any single industry and must include growth-from-within strategies, concludes a report published by the Institute for Emerging Issues at North Carolina State University.
Manufacturing Output and College Graduates: Is There A Relationship?
An increase in a city's share of college educated workers results in an increase in manufacturing output in that city, according to a report released by the National Bureau of Economic Research.
Useful Stats I: S&E Doctorate Awards by State
The National Science Foundation (NSF) has released a statistical report on Science and Engineering Doctorate Awards: 2001. The data show trends in science and engineering (S&E) doctorate awards by S&E field and recipient characteristics, institutions awarding doctorates, and postgraduation plans of recipients.
Useful Stats II: Innovation Indices Revisited
We appreciated hearing from so many of our readers that last week's special Digest issue on innovation indices was particularly timely or useful. As an additional resource on the topic, SSTI has prepared three matrices presenting the common indicators included in the national, state and local indicator reports referenced in the issue.
Washington Tech Center Seeks Federal Program Development Manager
The Washington Technology Center (WTC), the state's science and technology organization that stimulates growth in the state, is seeking someone to become Federal Program Development Manager. WTC helps Washington companies develop commercially viable technology through statewide programs and services.
Why A Special Issue on Innovation Indices?
One of the more common topics in the information requests SSTI receives regards how to do or what are good examples of innovation indices or S&T report cards — compilations of statistics and data presenting a geographic area's standing against similar areas across several metrics thought to be useful guides in assessing economic health or potential for growth.
A Couple of Cautionary Notes
An important aspect of all indices, regardless of their geographic orientation, is that each is created with a different purpose or goal in mind. As a result, each index has an inherent or implicit bias toward the data collected, the manner in which the data is manipulated and presented, and the conclusions drawn or policy recommendations made.
A Couple of Cautionary Notes
An important aspect of all indices, regardless of their geographic orientation, is that each is created with a different purpose or goal in mind. As a result, each index has an inherent or implicit bias toward the data collected, the manner in which the data is manipulated and presented, and the conclusions drawn or policy recommendations made.
The Nation-wide Indices
Seven indices introduced below are followed by a sample of the similarities and differences that exist among them.
Similarities and Differences in the National Indices
Even when indices are trying to measure the same activity or characteristic this may be done utilizing different measures and some indices may include indicators not used in others. A matrix presenting the common indicators among the national indices is available here. Examples of these differences and similarities follow: (Please note that not all indicators for all indices are mentioned.)
Indices & Report Cards Created by Individual States
Led by Massachusetts, which released its first innovation index in 1997, states have been creating indices in an attempt to track changes and transformations in their own economies. Many of these indices look at some of the same characteristics such as investment capital, industrial productivity, technology workforce development, business development and many others.
Local and Regional Indices Guide Policy, Too
Indices also are created at the regional and local level as well. Once again, while there is some crossover in measures, there are also significant differences that reveal some regional variation and shifts in priorities. This section highlights: regional indices for Washington D.C.
Characteristics of Good Indices
Some characteristics that STTI has found to represent a good index would contain some, if not all, of the following:
Web Resources for Developing an Index
One of the more popular sections of the SSTI Weekly Digest — according to our annual surveys of readers — are the periodic useful stats, which point to or present comparative statistics across cities or states. Fortunately, because we try to standardize the information for more meaningful interpretation, several of these tables provide useful data for developing a local or state innovation index.
NY State Assembly Announces $11.5M for Incubators in Brooklyn, Queens
More than $11 million in two New York State Assembly grants will support several new incubators for Brooklyn and Queens. The investments were recently announced by Assembly Speaker Sheldon Silver and Assembly members representing the two boroughs.
Wayne State University to House Michigan's NextEnergy Center
Michigan's NextEnergy Center, the central component of Gov. John Engler's $50 million fuel cell initiative, will be located within Wayne State University’s Research and Technology Park in Detroit, the Michigan Economic Development Corporation (MEDC) recently announced. Wayne State is situated in the Woodward Technology Corridor, one of 11 SmartZones located across Michigan.
Innovation Index Assesses Philadelphia's Position in Innovation Economy
Innovation Philadelphia, the public-private partnership dedicated to enhancing the global innovation economy of Philadelphia, has unveiled the first Innovation and Entrepreneurial Index, a comprehensive study examining where Philadelphia stands in relation to key competitors in the Innovation Economy.
Communities Team with Federal Labs to Promote Tech-based ED
With more than 700 facilities around the country, federal laboratories and research centers can provide many resources for communities to tap as they strive to develop tech-based economies: technologies available for transfer and commercialization; facilities and technical staff available to partner with companies and universities for research; and, connections to funding and procurement opportunities.
NCEC Presents NASDAQ Entrepreneurial Excellence Awards
The National Consortium of Entrepreneurship Centers (NCEC) presented on Tuesday the 2002 NASDAQ Entrepreneurial Excellence Awards to entrepreneurship centers at Babson College, Indiana University-Bloomington, and Saint Louis University.
Useful Stats: Academic Pork 1990-2002
The use of Congressional earmarks on federal agency budgets to support projects and programs in academic institutions has exploded since 1996, according to statistics compiled by and reported in the September 27, 2002 issue of the Chronicle of Higher Education.
Guide to Useful Stats: EconData.Net
With more than 1,000 links to socio-economic data sources, EconData.Net provides a convenient and valuable starting point for gathering information to understand regional economies. Funded by the Economic Development Administration, EconData.Net is a 100 percent free website offering easy access to state and sub-state socio-economic data for practitioners, researchers, students and data users in general.
MTI Seeks Tech Transfer Specialist
Minnesota Technology, Inc. (MTI), the state's leading tech-based economic development corporation, currently is searching for a dynamic individual with top-notch skills to help bring federal technology transfer activities to Minnesota companies.