In 2017, exports from the Capital Region increased over the year by 2.6 percent, with its R&D to Commercialization Cluster driving most of that gain, according to a Center for Economic Growth (CEG) analysis of data from the Brookings Institution’s 2018 Export Monitor. Innovation-Related Exports In 2017, nominal (current dollar)
One in 20 semiconductor-related device patents1 awarded by the U.S. Patent and Trademark Office (PTO) in 2017 can be traced back to a Capital Region inventor, according to a Center for Economic Growth review of patents listed in PTO’s Patent Full-Text and Image Database. Capital Region inventors’ tally of semiconductor-related
Capital Region inventors had a hand in more than 1,000 semiconductor device-related patents issued in 2016, and they played a lead role in more than three quarters of them. While the bulk of those patents were assigned to GLOBALFOUNDRIES and IBM, several other semiconductor and electronics companies with R&D operations,
Wadsworth Center scores most funding since FY2012 As New York State launched a $650 million initiative to grow its life sciences cluster, Capital Region academic institutions, nonprofits and private firms in fiscal 2017 netted their largest haul of National Institutes of Health (NIH) funds in four years. Regionwide, NIH awarded
Region is the Northeast’s 8th Biggest and 6th Most Intense Spender on University Innovation Academic research and development expenditures at Albany-Schenectady-Troy metropolitan statistical area (MSA) higher education institutions increased over the year by more than $28 million, or 5.4 percent. In fiscal 2016, eight local colleges and universities spent
Amazon Promenade would straddle the Hudson, connect downtown Albany and Rensselaer ALBANY – The Center for Economic Growth (CEG) today submitted to Amazon a proposal detailing development options situated in the heart of Tech Valley for its planned $5 billion second headquarters (HQ2). In response to Amazon’s RFP, CEG
Daily Gazette By: John Cropley ALBANY — The Business Connection Forum began Tuesday and will continue through Thursday at SUNY Polytechnic Institute in Albany. The event, organized by the Center for Economic Growth in partnership with Silicon Europe Worldwide and NY Loves Nanotech, is designed as an opportunity for North
Area is a prolific producer of advanced (nano) green materials patents Cleantech innovation is blowing strong in the Albany–Schenectady-Troy metropolitan statistical area (MSA), with a new Brookings Institution report showing local inventors generated the second greatest amount of wind energy patents in the nation between 2011 and 2016. The area
Albany Has One of Nation’s Highest Concentrations of Material Engineers, is No. 1 for University Materials & Metallurgical R&D With the continued growth of the semiconductor industry, the Capital Region has become a magnet for materials engineers. The Albany-Schenectady-Troy metropolitan statistical area (MSA) now has the nation’s 8th highest concentration
CEG Accelerates in Q1 Economic development happens when the interests of multiple parties from the public and private sectors align to help a new or existing business expand, recover or relocate. Although a not-for-profit business, The Center for Economic Growth (CEG) has reached a $6 million target for our Accelerate capital
