Trenton, NJ - The New Jersey Economic Development Authority (EDA) recently unveiled its inaugural group of Executives-in-Residence. These highly-qualified life sciences executives will mentor and advise emerging technology companies at the Commercialization Center for Innovative Technologies (CCIT), the EDA’s life sciences incubator. The Executive-in-Residence program was created in collaboration with BioNJ.
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Mount Laurel, NJ - Leading advanced manufacturing firms are invited to an industry-specific forum at Burlington County College (BCC) on June 11 that will help shape the county’s workforce training and educational programs serving this growing sector. The forum, scheduled for Thursday, June 11, in the Enterprise Center at Burlington County College, is sponsored by the Burlington County Board of Chosen Freeholders and BCC as part of the countywide Workforce Development Institute and the college’s strategic planning process.
Trenton, NJ - In his opinion piece in the Wall Street Journal, Governor Christie outlined his five point economic plan for the nation. Titled "My Plan to Raise Growth and Incomes," he included the importance of innovation and R&D to spur economic growth.
Washington D.C. - Georgetown University’s Center on Education and the Workforce released a study last week that shows that students who major in health, STEM — science, technology, engineering and mathematics — and business fields end up with higher average annual wages at the entry level and over the course of a person’s career. The lowest-paying majors were in the arts, liberal arts and humanities. The study used United States Census data to examine the wages for 137 college majors to identify the most economically beneficial undergraduate areas of study.
Chatham, NJ - The Research & Development Council of New Jersey has developed a New Jersey STEM Database which captures many of the STEM education programs offered by businesses and educational institutions.
New Brunswick, NJ - The Big Ten Cancer Research Consortium interviewed Robert S. DiPaola, MD, director of Rutgers Cancer Institute of New Jersey. The following was his question and answer on Big Ten Cancer Research Consortium website.
New Brunswick, NJ - The New Jersey Performing Arts Center (NJPAC) and the HealthCare Institute of New Jersey (HINJ) will present a business roundtable, “Life Sciences and New Jersey’s Innovation Ecosystem,” on Tuesday, June 23 from 7:45 to 9:30 a.m. at NJPAC at One Center Street, Newark, NJ. New Jersey Lt. Governor Kim Guadagno will open the event with remarks. Elected as the state’s first Lieutenant Governor in 2009, Guadagno leads the Christie Administration’s efforts to improve New Jersey's economic vitality, encourage job growth, streamline government and make businesses feel welcome again in New Jersey.
Trenton, NJ - The New Jersey Economic Development Authority (EDA) last week unveiled its inaugural Executive-in-Residence appointees. This group of highly-skilled life sciences professionals will mentor and advise emerging companies at EDA’s Commercialization Center for Innovative Technologies (CCIT) in North Brunswick. The Executive-in-Residence program was created in collaboration with BioNJ. Over the next few weeks, NJEDATech will delve into the back-stories of the six Executives-in-Residence; first up, Catherine Abbadie, PhD, of Princeton.
Washington D.C. - According to a new report by the National Science Board (NSB), in 2010, 16.5 million individuals indicated that their job required at least a bachelor's degree level in a STEM field. The 2014 report titled, Revisiting the STEM Workforce explains there are many positions that require STEM that have traditional thought of as STEM jobs such as sales, marketing, and management. The NSB is the policymaking body for the National Science Foundation and has made several recommendations to strengthen the U.S. stem workforce.
Trenton, NJ – In a press conference this week, the New Jersey Senate Republican leadership released a 36 bill package to improve the state of innovation, the strengthen the workforce and grow the economy. The bills seek to usher in growth through policies pertaining to science and technology, STEM education, improving the state’s existing economic development practices, regulation reductions as well as agriculture enhancements without adding additional costs to the budget.
According to the center’s director, Anthony P. Carnevale, “Our research also finds that key job growth has occurred in careers demanding high skilled workers in offices, hospitals and schools. Manufacturing jobs and other blue-collar jobs are declining and college-educated workers now produce more than half of the nation’s annual economic value. In 1967, college graduates accounted for 13 percent of workers and more than 20 percent of wages, but now account for 34 percent of workers and 53 percent of wages."
This increase of wealth has shifted consumer demand from mass produced goods to mass customization of goods and services. American’s spend less on clothing and food: food and clothing dropped 27 percent since 1947. This trend allows U.S. citizens more discretionary funds to spend. For the complete report: https://cew.georgetown.edu/report/economygoestocollege/ |
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